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Category: BUSINESS

Posted on 17/05/2026

Tracing war impact on India trade: Singapore overtakes UAE as No. 2 export destination in April amid Hormuz crisis

Singapore overtook the UAE as India’s second-largest export destination in April 2026 as traders rerouted shipments amid disruptions in the Strait of Hormuz and broader West Asia shipping instability.

Posted on 17/05/2026

Gold imports from Dubai may increase after import duty hike: GTRI

India had allowed imports of gold from Dubai at tariffs one percentage point below the normal Most-Favoured-Nation (MFN) rate through a Tariff Rate Quota (TRQ) system …

Posted on 17/05/2026

ApexQuant Announces Launch of Trading Technology Company Focused on Institutional-Style Trading Software for Private Market Participants

ApexQuant today announced the launch of its trading technology company, introducing a new financial technology initiative centered on trading software infrastructure designed for private traders and …

Posted on 17/05/2026

UAE asserts OPEC exit was sovereign strategic decision, not political move

The UAE is leaving OPEC and OPEC+ effective May 1, calling it a sovereign strategic decision. The exit removes OPEC’s third-largest producer and about 15% of its capacity.

Posted on 17/05/2026

Why Abu Dhabi’s Barakah nuclear power plant, latest target of drone strike, is crucial to UAE

The United Arab Emirates has recently accused Iran of carrying out attacks targeting the country’s energy and economic infrastructure.

Posted on 17/05/2026

Sharjah Customs launches integrated logistics corridor with Oman, dispatches first shipments to Sohar Port

Sharjah: The Sharjah Ports, Customs and Free Zones Authority has launched an integrated logistics corridor, developed in coordination with Oman Customs, as part of an advanced log …

Posted on 17/05/2026

Sharjah and Oman open new corridor to improve trade flow

The new corridor covers several of Oman’s ports, including Sohar port in the north, close to the UAE’s borders, Duqm Port, further south, and Salalah Port …

Posted on 17/05/2026

Sharjah, Oman launch logistics corridor to boost trade flows

The corridor connects Sharjah’s ports with several Omani ports through land border crossings, including Sohar, Duqm and Salalah …

Posted on 17/05/2026

Raynatours Launches Express Dubai Visa Services – Get Approved In Just 24 Hours

Raynatours Launches Express Dubai Visa Services – Get Approved In Just 24 Hours. May 15, 2026 4:51 am – Rayna Tours introduces Express Dubai Visa Services with approvals in just 24 hours. Enjoy a fast …

Posted on 17/05/2026

Silver import crackdown: Centre tightens rules on white metal — all you need to know

India has moved silver imports to a “restricted” category, requiring government approval, to prevent traders from exploiting a duty gap created by a recent 15% import tax hike. This move aims to curb …

Posted on 17/05/2026

Dubai’s GDP records 5.3% growth reaching Dh113.8 billion in third quarter of 2025

Dubai’s GDP recorded a growth of 5.3 per cent, reaching Dh113.8 billion during the third quarter of 2025, Sheikh Hamdan announced on Saturday. The GDP also achieved a growth of 4.7 per cent during the …

Posted on 17/05/2026

UAE jobs, Dubai property auctions, Schengen visa crisis, Abu Dhabi island project – 10 business stories you missed this week

UAE job rules, Dubai property auctions, Schengen visa shortages, Abu Dhabi housing plans and Gulf business stories you missed this week …

Posted on 16/05/2026

How UAE became the capital of Indian billionaires in the Middle East

Discover how the UAE became the Middle East hub for Indian billionaires, with Dubai and Abu Dhabi offering a flexible investment climate, strategic location, and global expansion opportunities across …

Posted on 16/05/2026

Trump vindicated as OPEC faces collapse following UAE departure

The UAE’s departure from OPEC could trigger a domino effect, experts say, potentially leading to lower gasoline prices within the next year or so.

Posted on 16/05/2026

‘Cepa 2.0 moment’: Indian business community in UAE welcomes Modi’s visit

Modi arrived in the UAE earlier on Friday and was welcomed with a guard of honour and a warm hug from the UAE President …

Posted on 16/05/2026

Sharjah see off Khorfakkan, Al Nasr hold Ajman

Sharjah secured an entertaining 3-1 victory over Khorfakkan in the Adnoc Pro League as the hosts combined clinical finishing with a strong attacking display …

Posted on 16/05/2026

Explainer: Why India’s gold duty hike could boost UAE jewellery sales

The tariff increase also follows PM Narendra Modi’s unusual public appeal urging Indians to defer discretionary gold purchases for at least a year …

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