Gulf countries continue to face the fallout of the Iran war and the spreading regional conflict – putting the once-hot UAE property sector on red alert. Fitch Ratings placed Dubai luxury deevloper …
The UAE’s quiet empire
In the race for control of the Red Sea, the UAE has emerged as a maritime empire – modern, discreet and deeply entangled in the region’s fractures. Sudan’s war, which erupted in April 2023, has …
Souq Al Jubail in Sharjah attracts over 629,000 visitors during Ramadan and Eid Al Fitr
This is achieved by ensuring the availability of fresh and diverse food products and maintaining efficient supply chains …
Dubai, UAE News Live Updates: Kuwait’s Shuwaikh Port attacked by drones, port authority says
Dubai, UAE News Live Updates: an Indian national is among two persons who tragically lost their lives following a ballistic missile interception over Abu Dhabi …
Video. Dubai hit by heavy overnight rain as floods snarl traffic and flights
Video. Heavy overnight rain flooded Dubai roads, stranding cars and disrupting commutes, as authorities warn of more storms and airport delays in the UAE.
Asian refiners switch from Dubai to Brent to price US crude, sources say
By Florence Tan and Yuka Obayashi SINGAPORE, March 27 (Reuters) – Asian refiners are beginning to switch to pricing U.S. crude oil purchases against global benchmark ICE Brent instead of Dubai after …
Ethereum Based Crypto Pepeto Announces DeFi Tools Update While Cardano Price Target Remains Optimistic Despite 71% Crash
The Ethereum based crypto Pepeto just announced a major DeFi tools update across its exchange, bridge, and AI security layer, and the presale crossed $8.4 million as rounds close faster every stage.
UAE pushes for international force to reopen Hormuz
The United Arab Emirates has told allies that it would participate in a multinational maritime task force intended to reopen the Strait of Hormuz, as it lobbies to form a coalitio …
Dubai, UAE News Live Updates: Qatar issues heightened security alert — first in a week
Dubai, UAE News Live Updates: an Indian national is among two persons who tragically lost their lives following a ballistic missile interception over Abu Dhabi …
UAE rain update: ‘Unbelievable’ satellite footage shows 1,400 km-wide cyclone as rains, storm lash Abu Dhabi. Check upcoming weather forecast
The UAE is experiencing severe, unseasonal storms with heavy rain, lightning, and hailstones, transforming desert landscapes amid the ongoing Middle East crisis. The weather agency has predicted …
$2.5 Billion Syndication Lending Powers Dubai’s Solar City Vision in Desert
The photo taken on Sept. 3, 2024 shows the solar mirror field of the central tower unit of the Concentrated Solar Power (CSP) and Photovoltaic (PV) project at the fourth phase of Mohammed bin Rashid …
Is tax applicable for NRIs in Dubai remitting funds to their Indian bank savings account?
The lapse does not have tax implications if the NRI’s salary was first credited to their bank account in Dubai and later transferred to an Indian bank savings account.
Dubai crude’s premium slump as sellers pile offers onto TotalEnergies
By Siyi Liu and Florence Tan SINGAPORE, March 27 (Reuters) – Spot premium for Dubai crude slumped by more than half to hit its lowest level in three weeks as more sellers emerged and piled on offers …
Resilient UAE banks maintain stability despite geopolitical challenges
The UAE’s financial sector continues to demonstrate remarkable resilience despite heightened military tensions in the region involving the US, Israel, and Iran. Analysts credit the UAE’s solid …
Cyclone in the UAE? NCM finally breaks silence on viral claims as thunderstorms lash emirates overnight
Panic over a ‘cyclone’ in the UAE has been addressed by by the National Centre of Meteorology (NCM). The alarm was raised by strong winds and rains, present due to seasonal atmospheric instability but …
Dubai, UAE News Live Updates: At least 1,116 killed, 3,229 injured in Israeli strikes on Lebanon since March 2
Dubai, UAE News Live Updates: an Indian national is among two persons who tragically lost their lives following a ballistic missile interception over Abu Dhabi …
Dubai businesses return to in-person events as confidence begins to rebuild
Katy Keenan, CEO of the British Chamber of Commerce Dubai, says recent gatherings have attracted significant turnout …