Economy
Dubai Duty-Free's Soaring July Sales: AED 638 Million Milestone Reached
Layla Al MansooriDubai Duty Free Defies Global Luxury Slowdown with Record-Breaking July Sales Dubai Duty Free has bucked the global trend of declining luxury sales,...
Alpha Abu Dhabi Holding Reports AED 6.6 Billion in Net Profits for First Half
Alpha Dhabi Delivers Explosive 34% Profit Growth as UAE's Economic Diversification Strategy Pays Off Abu Dhabi's Alpha Dhabi Holding has posted remar...
Armani and Ras Al Khaimah Real Estate Partner for Beachfront Villas Launch
Giorgio Armani Unveils World's First Branded Villas in UAE's Ras Al Khaimah Giorgio Armani Group has partnered with Ras Al Khaimah Real Estate and SI...
China's International Trade in Goods and Services Surges 6% in June
China's Trade Surplus Hits $70 Billion as Export Engine Powers Through Global Headwinds China recorded a robust $70.1 billion trade surplus in June,...
Gold Steady Amid Surging Dollar, Investors Seek Safe Haven
Gold Stumbles as Trump's Sweeping Tariffs Fuel Dollar Rally Gold prices stabilized Friday but remained on track for weekly losses as President Donald...
UAE's Surging Demand for Gold Bars and Coins: A 25% Boost
UAE Gold Investment Surge Signals Flight to Safety Amid Global Uncertainty The United Arab Emirates has emerged as a key driver of global gold invest...
Abu Dhabi Hotels Generate AED 3.82 Billion in 5-Month Revenue Surge
Abu Dhabi's Hotel Boom Signals Middle East Tourism Renaissance Abu Dhabi's hospitality sector is experiencing a remarkable surge, with hotel revenues...
PureHealth Delivers Strong 2.4% Growth with AED 1.03 Billion in Half-Year Profits
PureHealth Delivers Steady Growth Despite Global Tax Headwinds in First Half 2025 Abu Dhabi's PureHealth Holding has posted a modest 2.4% increase in...
Islamic Treasury Sukuk Auction in July Attracts Bids Worth AED 5.35 Billion
UAE's Islamic Treasury Bonds Draw Record Demand as Gulf States Double Down on Sharia Finance The UAE Ministry of Finance has successfully raised 1.1...
UAE Central Bank's Digital Dirham Offers Unparalleled Security and Reliability
UAE's Digital Dirham Advances Toward Launch as Central Bank Details Comprehensive Rollout Strategy The UAE Central Bank has released a detailed repor...
Emirates Launches Daily Flights to Hangzhou, China's Vibrant Tech and Tourism Hub
Emirates Doubles Down on China with Hangzhou Launch, Signaling Major Asian Aviation Recovery Emirates has officially launched daily flights to Hangzh...
International Commercial Bank's Pre-Tax Profits Surge 4% to AED 93 Million in H1
Commercial Bank International Posts Solid Growth as UAE Banking Sector Continues Recovery Commercial Bank International (CBI) has delivered a modest...
Unveiling "Passo": Beyond Real Estate's Architectural Masterpiece on Palm Jumeirah
Beyond Real Estate Bets Big on Palm Jumeirah with $1.4 Billion Luxury Project Dubai's luxury real estate market gains another heavyweight contender a...
UAE Stocks Soar to Remarkable Gains of AED 134.5 Billion in July
UAE Stock Markets Surge on Foreign Investment Wave, Adding $36.6 Billion in July The UAE's stock markets delivered their strongest performance in mon...
E&A Soars 60.7% in H1, Reporting AED 8.8 Billion in Profits
e& Posts 60.7% Profit Surge as UAE Telecoms Giant Accelerates Global AI and Digital Sovereignty Push UAE telecommunications powerhouse e& has deliver...
Diár Achieves 32% Growth in Net Profits, Reaching AED 248.6 Million in H1
Diyar Development Surges 32% as Dubai's Property Boom Accelerates Dubai-based Diyar Development has delivered exceptional first-half 2025 results, wi...
UAE Fuel Prices Soar: Latest Updates for August
UAE Fuel Prices Hold Steady in August 2025 as Regional Energy Markets Stabilize The UAE's Fuel Price Committee has announced relatively stable fuel p...
Gold Rebounds from One-Month Low, Sparking Renewed Investor Interest
Gold Rebounds as Trade War Fears Eclipse Federal Reserve's Hawkish Stance Gold prices recovered Thursday from their lowest point in over a month, as...
Soaring Passenger Volumes at UAE Airports: A Remarkable Surge in Travel
UAE Airports Cement Global Hub Status with Record 71 Million Passengers in First Half of 2025 The UAE's aviation sector is firing on all cylinders, w...
Central Bank Maintains Benchmark Rate at 4.40% Amid Economic Stability
UAE Central Bank Holds Rates Steady as Federal Reserve Maintains Hawkish Stance The UAE Central Bank kept its base rate unchanged at 4.40% for overni...
Startup Incubator 'Ruwad' Fuels Growth: 5 Projects Funded, 23 Training Programs Hosted in Sharjah
Sharjah's Entrepreneurship Drive Gains Momentum with AED 1.12 Million in Direct Funding Sharjah's commitment to nurturing local entrepreneurship is p...