Any pivot away from the dollar by a top oil producer would represent a major threat to the currency’s supremacy.
Entering the ultra-deep, Astro Offshore acquires 2021-built subsea vessel
Dubai-headquartered Astro Offshore reports that it has strengthened its offshore subsea capabilities with the addition of Energy Savanah, formerly operated by Golden Energy Offshore and soon to be …
Sharjah schools resume in-person classes with enhanced safety measures
At the Sharjah Private Education Authority, we uphold the belief that the safety of your children forms the foundation of their education. Guided by …
UAE reports dismantling of Iran-linked ‘terror’ cell
The United Arab Emirates has arrested members of an Iran-linked group that authorities accuse of plotting ‘systematic terrorist and sabotage acts’. The State Security Service said in a statement …
Dubai eyes sweet spot in $26bn cocoa market with new DMCC Cacao hub
Dubai plans new DMCC Cacao Centre to tap $26bn cocoa market, linking producers, finance and processing in a bid to reshape trade …
Nakheel awards $143m Dubai Islands contract, 49,000-home megaproject expands
Nakheel has awarded a major contract for infrastructure development at Dubai Islands to Al Nasr Contracting Company …
Dubai SME relief package: Here’s how one business owner cut her licence fees by half
Like every year, Dubai realtor Saba Patel was getting ready to pay the fee for her company’s trade licence renewal. In 2026, it added up to Dh32,000. But just a …
Sharjah Ruler witnesses wheat harvest, launches ‘QAND’ brand
His Highness Sheikh Dr Sultan Bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, on Monday morning attended the harvest ceremony of …
Abu Dhabi considers merging China investments into joint venture– report
Abu Dhabi is considering combining China-related holdings from L’imad Holding and Mubadala Investment into a jointly owned investment vehicle, Bloomberg reported, citing sources. The plan is intended …
Abu Dhabi-based BlueFive Capital is reportedly eyeing a US$3 billion aerospace and defense fund
BlueFive Capital, an Abu Dhabi-based private equity firm, is preparing to launch a fund focused on aerospace and defense investments with a target size of US$3 billion.According to a report by …
Leaders of Dubai-Based Unicorns Hail City as Global Innovation Hub Shaping Future Technology and Driving the Digital Economy
DUBAI, United Arab Emirates, April 20, 2026–(BUSINESS WIRE)–Leaders of Dubai-based unicorn companies have reaffirmed the emirate’s status as a global hub for digital innovation and technology-led …
UAE business leaders signal next phase of growth despite disruption, new Publicis Groupe Middle East report finds
UAE business leaders signal next phase of growth despite disruption, new Publicis Groupe Middle East report finds …
EXCLUSIVE: ‘Bleisure’ travel trend reshapes UAE hospitality sector as last-minute bookings surge
Hotels are reporting shorter booking windows, more last-minute reservations and a stronger focus on flexibility as travellers respond to regional developments and changing work pa …
Palm Jebel Ali plot sells for Dhs323 million as Dubai realty market gains
Dubai’s real estate market opened the week on a strong note, highlighted by a high-value land transaction on the iconic Palm Jebel Ali, where a prime …
UAE professor says it’s ‘time to think about closing the American bases’ after Trump’s Iran war: ‘They are a burden’
United Arab Emirates (UAE) University professor Abdulkhaleq Abdulla declared that it was “time to think about closing the American bases” in the country. The post UAE Professor Says It’s ‘Time to …
The real meaning of UAE reportedly requesting a dollar swap line
The U.nited Arab Emirates has formidable reserves and holdings of U.S. Treasurys that make a financial crisis after just seven weeks of war improbable. More likely, the Emiratis are sending diplomatic …
Dubai attractions closed: When will Ain Dubai, Wild Wadi and Dubai Parks and Resorts reopen?
A series of some of Dubai’s biggest attractions are temporarily closed due to the ongoing situation across the UAE.