Home > News

News

Gold dips as dollar firms, investors weigh US rate outlook

Gold price falls: Stronger dollar dampens safe-haven demand

The dollar held near the six-month highs hit on Friday, making greenback-priced gold more expensive for holders of other currencies

UAE rental market update: Tenants can now pay rent monthly

Historically, tenants in the UAE have been required to pay annual rent in one to four cheques, limiting access to homes that truly fit their needs

Cloudflare restores services after outage impacts thousands of internet users

Cloudflare restores services after outage impacts thousands of internet users

The latest outage at Cloudflare prevented thousands of users from accessing platforms such as Canva, X, Grindr and ChatGPT

Bangladesh’s ousted PM Sheikh Hasina sentenced to death over student protests

Bangladesh’s ousted PM Sheikh Hasina sentenced to death over student protests

Hasina and her supporters have rejected the verdict, calling the tribunal a “kangaroo court” and claiming the proceedings were politically motivated

Bags to boarding: How Etihad Rail’s DWC stop will redefine UAE travel

Bags to boarding: How Etihad Rail’s DWC stop will redefine UAE travel

Once operational, the DWC rail stop will serve as a key hub in this transformation, allowing passengers to board trains from Abu Dhabi or Sharjah

Airlines cancel more than 1,500 US flights as shutdown persists

The FAA instructed airlines to cut 4 per cent of daily flights starting on Friday at 40 major airports because of air traffic control safety concerns

Sobha Furniture debuts at Downtown Design with made-in-UAE craftsmanship

Sobha Furniture debuts at Downtown Design with made-in-UAE craftsmanship

The showcase features one Kitchen and one Walk-In Closet

No queues, no hassle: Emirates introduces face recognition travel at Dubai International

No queues, no hassle: Emirates introduces face recognition travel at Dubai International

The airline says the rollout will allow passengers to pass through check-in, immigration, boarding gates, and lounges using only facial recognition

India’s e-passport era begins in Dubai: Here’s what applicants need to know

India’s e-passport era begins in Dubai: Here’s what applicants need to know

The passports come embedded with a secure electronic chip containing digitised personal and biometric data

New Al Ain Mills facility in Abu Dhabi to strengthen UAE food resilience

New Al Ain Mills facility in Abu Dhabi to strengthen UAE food resilience

The new facility marks Al Ain Mills’ expansion into Abu Dhabi

Abu Dhabi Indian expat wins Dhs100m in UAE Lottery

Abu Dhabi Indian expat wins Dhs100m in The UAE Lottery

Since its launch, The UAE Lottery has awarded over 200 winners of  Dhs100,000, with more than 100,000 players claiming prizes totaling over Dhs147m

Tesla recalls over 63,000 Cybertrucks over lighting defect, issues software fix

Tesla recalls over 63,000 Cybertrucks over lighting defect, issues software fix

The automaker said it identified the problem during an internal review earlier this month after photometric tests confirmed the excessive brightness

Zero fees: Dubai’s bold incentive targets new hotels

Zero fees: Dubai’s bold incentive targets new hotels

Under this policy, hotels located in key zones, will be eligible for 100 per cent reimbursement of the Dubai Municipality fee on room sales

Kering sells beauty unit to L'Oreal for $4.7bn as de Meo trims debt

Kering sells beauty unit to L’Oreal for $4.7bn as de Meo trims debt

Under the deal, French beauty giant L’Oreal will acquire Kering’s fragrance line Creed, which former CEO Francois-Henri Pinault acquired in 2023

Power banks, phones, and laptops: IATA’s rules you must know before flying

Power banks, phones, and laptops: IATA’s rules you must know before flying

These rules aim to help passengers understand the line between acceptable and dangerous use of electronic devices and batteries during air travel

Dubai's Emirates NBD to buy 60% stake in India's RBL Bank for $3bn

Dubai’s Emirates NBD to buy 60% stake in India’s RBL Bank for $3bn

As part of the deal, Emirates NBD will also launch an open offer for additional shares from retail shareholders in line with India’s takeover regulations

Expand North Star 2025 opens; draws 2,000 startups, 1,200 investors

Expand North Star 2025 opens; draws 2,000 startups, 1,200 investors

On the opening day, Dubai World Trade Centre (DWTC) signed new partnerships with Presight, 28 Digital, ApexBrasil, and the Chamber of Commerce and Industry of Serbia

Amazon UAE launches citywide packaging recycling programme across Dubai

Amazon UAE launches citywide packaging recycling programme across Dubai

This programme expands on Amazon’s broader sustainability measures, which include the use of machine learning models to optimise packaging size and reduce excess materials, as well as initiatives like Ships in Product Packaging that eliminate the need for additional delivery boxes

Revolut’s billionaire CEO shifts base to UAE

Revolut was valued last month at $75bn

Abu Dhabi Investment Forum

Abu Dhabi’s Hub71 partners with New Jersey to scale ventures

The agreement establishes reciprocal access between Abu Dhabi and New Jersey’s startup ecosystems

Abu Dhabi, Goldman Sachs invest in Häagen-Dazs owner Froneri at $17.6bn value

Abu Dhabi, Goldman Sachs invest in Häagen-Dazs owner Froneri at $17.6bn value

The investment led by Goldman Sachs was via a so-called single-asset continuation vehicle

L to R: Sherif ElRafie, CEO of ABK Capital and Abdulaziz Jawad, chairman of ABK Capital–Kuwait

ABK Capital DIFC partners with LGT Bank Switzerland

The establishment of ABK Capital DIFC underlines the firm’s broader growth objectives centered on innovation, global partnerships, and expanding investment management capabilities in the region

Turkey’s deputy governor says no rate cuts for now

Turkey’s central bank reserves seen climbing to $183bn record

The bankers said the central bank’s net reserves were also expected to increase by $2.5bn to $73bn

The return of the Dubai Fountain: Show dates, timings and what’s new

The return of the Dubai Fountain: Show dates, timings and what’s new

This level of anticipation reflects not only the fountain’s global appeal but also its emotional significance for many visitors

VML Study Reveals Many Brands Are Still Failing to Deliver on Customer Experience and Search is Resurging Thanks to AI

VML warns brands: meet shopper expectations or risk losing sales

Many businesses are missing the mark on the fundamentals of customer experience

Hussain-Khansaheb

UAE mourns passing of visionary businessman Hussein Khansaheb

An influential Emirati businessman, Hussein Khansaheb’s foresight and leadership were instrumental in the nation’s development

Global Village Dubai returns for Season 30: Dates revealed

Global Village Dubai returns for Season 30: Dates revealed

The announcement follows the enormous success of Season 29, which drew a record-breaking 10.5 million visitors, setting a new standard for regional tourism

Saudi Central Bank announces 4-year holiday calendar for banks

Labour law overhaul: Saudi introduces penalties for violators in new sectors

In the agricultural sector, penalties are more substantial, ranging from SAR300 to SAR20,000, depending on the violation

Anis Sajan, vice chairman of Danube Group

Milano strengthens dealer partnerships with annual UAE event

Milano also announced its newest dealer incentive programme, revealing Japan as the destination for the next fully paid trip

Saudi Arabia crude exports rise to six-month high in August

Saudi GDP grows 3.9 per cent in Q2 on non-oil strength

The lower oil prices are predicted to weigh on the Saudi economy, with the International Monetary Fund saying Riyadh needs a price over $90 per barrel to balance its books