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UAE rebrands the Dirham and readies digital currency launch

The updated symbol has two horizontal lines representing the currency’s stability

5 things to know about Dubai’s newest property firm, BT Properties

Based in Dubai South – a 145 square kilometre master-planned city near Al Maktoum International Airport – BT Properties is betting big on one of the emirate’s most promising growth corridors

Tesla to launch in Saudi Arabia as Musk, kingdom mend relations

Tesla’s launch event in Riyadh, scheduled for April 10, will display its EVs and products powered by solar energy

Big changes ahead: Airlines tighten rules for power banks, phones

Aviation has long recognised the batteries as a safety concern, and rules are periodically tightened in response to accidents

Eid Al Fitr 2025: GCC countries announce long holidays

March 30 is expected to be the first day of Eid al-Fitr 1446 AH in Qatar

Huge fire closes UK’s Heathrow Airport, global flight schedules disrupted

Around 150 people were evacuated from nearby buildings and thousands of properties were without power

Eid Al Fitr holiday in Dubai: Here’s what Emirates passengers need to know

Emirates has urged passengers departing from Dubai to arrive at the airport well in advance to avoid congestion around the Terminal 3 entrances

Eid Al Fitr in Oman: A week-long holiday awaits

The moon will be visible on the horizon for just five minutes, depending on the observer’s location in Oman

Gold rate: Will prices rise this week?

Gold climbs to record high: How are Trump’s policies responsible for it?

Spot gold was little changed at $3,048.37 an ounce as of 0350 GMT, after hitting an all-time high of $3,055.96 earlier in the session

Citigroup reduces bonuses paid in 2024 for regulatory fixes

In 2024 the committee paid 68 per cent of the maximum bonus amount, which was not disclosed by the bank, lower than in the previous two years

google arabia launches Ai accelerator programme GettyImages-1253689390

Google’s $32bn deal for Wiz accelerated under Trump

Google sweetened its original offer for $23bn in July to $32bn, making it one of the largest tech deals ever

Delhi airport operator sues govt over flights from defence airbase

The airport is one of India’s busiest, with about 73.6 million passengers using it last year, though it made a loss of $21m because of higher government fees

Saudi Arabia posts $8bn Q3 deficit as lower oil prices weigh

S&P lifts Saudi’s rating on economic shift away from oil

Fitch said the country’s Vision 2030 project provides some flexibility in managing capital expenditure and debt issuance

UAE suspends 32 gold refineries for AML/CTF lapses

UAE 24K gold price hits Dhs360 per gram: Will the rally continue?

Bullion is on track for a second consecutive weekly increase, with a 2.5 per cent gain so far

UAE weather forecast: Cloudy, rainy days on the horizon

Residents of the UAE can expect cloudy weather and light rainfall on Monday morning

Crypto payments outfit Ripple secures key Dubai licence

The entity, a leader in enterprise blockchain and crypto solutions, will be the first blockchain-enabled payments provider licensed by the DFSA

These Asian airlines have just banned power banks onboard

Last year three incidents a fortnight of overheating lithium batteries on planes were recorded globally by the US Federal Aviation Administration

Abu Dhabi’s MGX makes $2bn crypto investment in Binance

The deal, which Binance called its first institutional investment, is one of the largest ever in the crypto industry

Dubai's DET, Amazon launch accelerator for SMEs

Amazon, Google sign pledge to support tripling of nuclear energy capacity by 2050

Shale company Occidental and Japanese heavy machinery maker IHI Corp also added their names to the pledge

Pakistan pauses rate cuts, but likely not for long

Economists said the government should shift its focus to implementing economic reforms as interest rate cuts are not the elixir for growth

Musk’s Starlink, India’s Reliance sign surprise satellite internet deal

The deal follows a similar partnership announcement between Starlink and India’s No. 2 telecom player Bharti Airtel a day before

Meta

Facebook owner Meta begins testing its first in-house AI training chip

Meta, which also owns Instagram and WhatsApp, has forecast total 2025 expenses of $114bn to $119bn, including up to $65 billion in capital expenditure

Image credit: Getty Images

Gold rises as dollar, treasury yields fall; US data awaited

Spot gold rose 0.3 per cent to $2,898.27 an ounce as of 0501 GMT, while US gold futures firmed 0.1 to $2,902.50

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75% of UAE residents expecting a bonus in 2025 – survey

The YouGov survey also highlights that 68 per cent of UAE residents feel secure about their current financial situation.

World gold council and DMCC sign agreement to advance UAE's gold sector Image Getty Images

Why are gold prices rising? Find out the reason for the surge

The dollar index wallowed near a four-month trough as the US exempted automakers from the 25 per cent tariffs on Canada and Mexico for a month

Gold Price, Commodities Investment

Gold prices surge again: Will the trend continue?

The US central bank held interest rates steady in its last meeting

World gold demand rises in q2 2024 Image Getty Images

Gold set for biggest weekly drop since November: Good time to invest?

The dollar index was set for a weekly gain of 0.7 per cent so far, making greenback-priced gold more expensive for foreign buyers

Ramadan 2025: Dubai authority approves flexible, remote work policy for government employees

The employees are also permitted to work remotely for up to two days a week

Trump team seeks to toughen chip controls over China

Some Trump officials also aim to further restrict the quantity and types of Nvidia chips that can be exported to China without a license

Qatar eyes 3.4% non-oil growth, $100bn FDI by 2030

Qatar govt to get AI boost amid deal with US tech outfit

The deal will allow Qatar’s government to adopt tools such as predictive analytics, automation and advanced data analysis in an effort to streamline operations