business

Ajman's real estate sector transactions up 37% in H1 to Dhs 12.4 billion
  • 12 hours ago

Ajman's real estate sector transactions up 37% in H1 to Dhs 12.4 billion

The real estate sector in the Emirate of Ajman recorded a remarkable performance during the first half of 2025, with the total value of real estate transactions reaching Dhs...

Emirates boosts services to Dublin with a third daily flight
  • 12 hours ago

Emirates boosts services to Dublin with a third daily flight
Gold set for weekly fall; platinum hits highest
  • 12 hours ago

Gold set for weekly fall; platinum hits highest
Air Arabia Abu Dhabi takes off to Sialkot city in Pakistan

Air Arabia Abu Dhabi takes off to Sialkot city in Pakistan

Air Arabia Abu Dhabi commenced its service to Sialkot in Pakistan directly from Zayed International Airport. Operating with a frequency of three non-stop...

8 hours ago
Etihad Air ways takes off to Egypt’s Al Alamein

Etihad Air ways takes off to Egypt’s Al Alamein

Etihad Airways on Friday marked the launch of its inaugural flight to Al Alamein (DBB), adding the Egyptian coastal city to its list...

13 hours ago
United Arab Bank net profit up by 50% for H1 2025

United Arab Bank net profit up by 50% for H1 2025

United Arab Bank PJSC (UAB) has announced its financial results for the six months ended 30th June 2025. UAB posted a net profit...

13 hours ago
CRC Group announces the unveiling of uber ultra-luxury experiential residential landmark, CRC The PERIDONA

CRC Group announces the unveiling of uber ultra-luxury experiential residential landmark, CRC The PERIDONA

CRC Group, a leading player in North India’s real estate sector, today unveiled its uber ultra-luxury experiential residential development, The PERIDONA, located within...

16 hours ago
MoF issues Decision on Depreciation Adjustments for Investment Properties held at Fair Value

MoF issues Decision on Depreciation Adjustments for Investment Properties held at Fair Value

The UAE Ministry of Finance (MoF) has issued a new Ministerial Decision regarding Depreciation Adjustments for Investment Properties held at Fair Value for...

17 Jul 2025
UAE participates in 3rd G20 Finance Ministers and Central Bank Governors meeting in South Africa

UAE participates in 3rd G20 Finance Ministers and Central Bank Governors meeting in South Africa

The UAE, represented by the Ministry of Finance and the Central Bank of the UAE, is participating in the 3rd meeting of G20...

17 Jul 2025
Dubai Chambers launches Dubai Hub London

Dubai Chambers launches Dubai Hub London

Dubai Chambers has announced the launch of Dubai Hub London, its first international centre, designed to offer integrated government and private sector services...

17 Jul 2025
Emirates officially resumes flights to Damascus

Emirates officially resumes flights to Damascus

Emirates has officially resumed operations to the Syrian capital, Damascus, marking the return of the “City of Jasmine” to its Middle East network....

17 Jul 2025
ENEC, Framatome sign nuclear fuel supply deal

ENEC, Framatome sign nuclear fuel supply deal

The Emirates Nuclear Energy Company (ENEC) and Framatome have signed a fuel supply agreement for the supply of nuclear fuel assemblies and engineering...

17 Jul 2025
Japan's trade surplus shrinks 31% in June

Japan's trade surplus shrinks 31% in June

Japan's trade surplus in June shrank 30.8 per cent from a year earlier to 153.1 billion yen ($1 billion), government data showed Thursday....

17 Jul 2025
Spain allocates $232.03 million to support investments in Mauritania

Spain allocates $232.03 million to support investments in Mauritania

The Spanish government announced a €200 million ($232.03 million) financial package to bolster its investments in Mauritania, along with the launch of the...

17 Jul 2025
ADGM Academy partners with PGIM to advance sustainable technology

ADGM Academy partners with PGIM to advance sustainable technology

ADGM Academy (ADGMA) has partnered with PGIM, the global investment management business of Prudential Financial, to launch the RealAssetX Abu Dhabi Innovation Centre...

17 Jul 2025
At the halfway mark: What the 2025 markets have - and haven’t - told us

At the halfway mark: What the 2025 markets have - and haven’t - told us

Six months into 2025, the only thing markets had made clear was how unclear everything still is. A sharp sell-off in April followed...

17 Jul 2025
Donald Trump greets Jerome Powell at the White House in Washington. File/Reuters

Trump ‘not currently firing Fed Chair, but not ruling out’

US President Donald Trump said Wednesday that he was not currently planning to fire Federal Reserve Chair Jerome Powell, but added that he...

16 Jul 2025
DP World, DPA, Nevomo sign MoU to explore cooperation potential

DP World, DPA, Nevomo sign MoU to explore cooperation potential

DP World, the Deendayal Port Authority (DPA), and Nevomo have signed a Memorandum of Understanding (MoU) to explore potential opportunities for cooperation in...

16 Jul 2025
DSO opens registration for the third cohort of the MIT DesignX

DSO opens registration for the third cohort of the MIT DesignX

Dubai Silicon Oasis (DSO), the special economic zone for knowledge and innovation, and a member of the Dubai Integrated Economic Zones Authority (DIEZ),...

16 Jul 2025
ENBD concludes Dhs3.9b bondingfacilities for Dubai Metro project

ENBD concludes Dhs3.9b bondingfacilities for Dubai Metro project

Emirates NBD (ENBD) has concluded Dhs3.9 billion Syndicated Bonding Facilities to a consortium created by MAPA, LIMAK and CRRC that will deliver the...

16 Jul 2025
Masdar announces divestment of its stake to Tadweer Group

Masdar announces divestment of its stake to Tadweer Group

Abu Dhabi Future Energy Company - Masdar, one of the world’s leading renewable energy companies, on Wednesday announced the divestment of its stake,...

16 Jul 2025
Customers buy fruits and vegetables at a stall in central London, Britain. Reuters

UK inflation unexpectedly rises to highest since January 2024

Britain's annual rate of consumer price inflation unexpectedly rose to its highest in over a year at 3.6 per cent in June, official...

16 Jul 2025
Britain lifts ban on Pakistani airlines following safety improvements

Britain lifts ban on Pakistani airlines following safety improvements

Britain has lifted a years-long ban on Pakistani airlines following improvements in the country’s aviation safety standards, the British diplomatic mission in Islamabad...

16 Jul 2025
UAE Central Bank imposes financial sanction of Dhs600,000 on branch of a foreign bank

UAE Central Bank imposes financial sanction of Dhs600,000 on branch of a foreign bank

The Central Bank of the UAE (CBUAE) imposed a financial sanction of Dhs600,000 on a branch of a foreign bank operating in the...

16 Jul 2025
Tiger Properties sells out phase one of 255m-Tall Auresta Tower; launches phase two on July 15

Tiger Properties sells out phase one of 255m-Tall Auresta Tower; launches phase two on July 15

Tiger Properties has announced the complete sell-out of Phase One of Auresta Tower, its premium residential skyscraper rising 255 meters across 63 floors...

16 Jul 2025
The new rules of shopping: Why paying full price is outdated

The new rules of shopping: Why paying full price is outdated

Would you pay AED 100 for something your friend got for AED 70, just because you didn’t know there was a discount code?...

16 Jul 2025
UAE’s chocolate industry adapts to global cocoa crisis with local innovation and steady demand

UAE’s chocolate industry adapts to global cocoa crisis with local innovation and steady demand

As global cocoa prices continue to fluctuate following record highs in 2024, the UAE’s chocolate market is showing resilience through product innovation, premiumisation,...

16 Jul 2025
SIB’s net profit up 25 per cent at Dhs697.2 million in first half

SIB’s net profit up 25 per cent at Dhs697.2 million in first half

Sharjah Islamic Bank (SIB) achieved a strong financial performance during the first half of 2025, achieving a net profit after tax of Dhs697.2...

15 Jul 2025
Etihad Airways, SKY express sign codeshare partnership

Etihad Airways, SKY express sign codeshare partnership

Etihad Airways has signed a codeshare agreement with Greek regional carrier SKY express, opening access to 24 Greek island destinations and three additional...

15 Jul 2025
ITFC signs $513 million financing with Pakistan

ITFC signs $513 million financing with Pakistan

The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group, signed a $513 million Syndicated Murabaha Financing...

15 Jul 2025

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Local
Air Arabia Abu Dhabi takes off to Sialkot city in Pakistan

Air Arabia Abu Dhabi takes off to Sialkot city in Pakistan

Air Arabia Abu Dhabi commenced its service to Sialkot in Pakistan directly from Zayed International Airport. Operating with a frequency of three non-stop...

8 hours ago
Etihad Air ways takes off to Egypt’s Al Alamein

Etihad Air ways takes off to Egypt’s Al Alamein

Etihad Airways on Friday marked the launch of its inaugural flight to Al Alamein (DBB), adding the Egyptian coastal city to its list...

13 hours ago
United Arab Bank net profit up by 50% for H1 2025

United Arab Bank net profit up by 50% for H1 2025

United Arab Bank PJSC (UAB) has announced its financial results for the six months ended 30th June 2025. UAB posted a net profit...

13 hours ago
MoF issues Decision on Depreciation Adjustments for Investment Properties held at Fair Value

MoF issues Decision on Depreciation Adjustments for Investment Properties held at Fair Value

The UAE Ministry of Finance (MoF) has issued a new Ministerial Decision regarding Depreciation Adjustments for Investment Properties held at Fair Value for...

17 Jul 2025
World
Japan's trade surplus shrinks 31% in June

Japan's trade surplus shrinks 31% in June

Japan's trade surplus in June shrank 30.8 per cent from a year earlier to 153.1 billion yen ($1 billion), government data showed Thursday....

17 Jul 2025
Spain allocates $232.03 million to support investments in Mauritania

Spain allocates $232.03 million to support investments in Mauritania

The Spanish government announced a €200 million ($232.03 million) financial package to bolster its investments in Mauritania, along with the launch of the...

17 Jul 2025
Donald Trump greets Jerome Powell at the White House in Washington. File/Reuters

Trump ‘not currently firing Fed Chair, but not ruling out’

US President Donald Trump said Wednesday that he was not currently planning to fire Federal Reserve Chair Jerome Powell, but added that he...

16 Jul 2025
Customers buy fruits and vegetables at a stall in central London, Britain. Reuters

UK inflation unexpectedly rises to highest since January 2024

Britain's annual rate of consumer price inflation unexpectedly rose to its highest in over a year at 3.6 per cent in June, official...

16 Jul 2025