business

Emirates Airline staff to get 22-week pay as bonus after record profit
  • 09 May 2025

Emirates Airline staff to get 22-week pay as bonus after record profit

Long-haul carrier Emirates reported on Thursday that it earned annual profits of $5.2 billion (Dhs22.7 billion), with the state-owned firm declaring itself the world's most profitable airline as global...

Economic partnerships are pillars of growth stimulation: RAK Ruler
  • 09 May 2025

Economic partnerships are pillars of growth stimulation: RAK Ruler
Trump signals cutting China tariffs to 80% ahead of trade negotiations
  • 09 May 2025

Trump signals cutting China tariffs to 80% ahead of trade negotiations
Dubai enjoys prime position among global economic centres: Maktoum

Dubai enjoys prime position among global economic centres: Maktoum

Sheikh Maktoum Bin Mohammed Bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister, Minister of Finance, and Chairman of the...

8 hours ago
SATExpo 2025 to spotlight innovations shaping space and satellite industry

SATExpo 2025 to spotlight innovations shaping space and satellite industry

Staff Reporter, Gulf Today SATExpo Middle East 2025 launches as the premier regional event for the space and satellite industry, in response to...

8 hours ago
MoIAT launches ‘Make it in the Emirates’ national campaign

MoIAT launches ‘Make it in the Emirates’ national campaign

Dr Sultan Bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, witnessed the nationwide launch of a national campaign under the ‘Make...

8 hours ago
AqlanX gets $10m from DoxAI for Arabic-first enterprise AI

AqlanX gets $10m from DoxAI for Arabic-first enterprise AI

AqlanX, a UAE-based artificial intelligence company, announced a $10 million investment from Lakeba Group through their venture DoxAI, marking a significant milestone in...

8 hours ago
SCCI signs deals in Spain to boost academic, training programmes

SCCI signs deals in Spain to boost academic, training programmes

The Sharjah Chamber of Commerce and Industry (SCCI), represented by its Sharjah Training and Development Centre (STDC), successfully concluded its official visit to...

8 hours ago
US and China talks to defuse trade row continue in Geneva

US and China talks to defuse trade row continue in Geneva

Talks between US and Chinese officials continued into their second day in Geneva on Sunday, as both sides discussed how to de-escalate the...

8 hours ago
Panel discussion promotes youth engagement in industrial sector

Panel discussion promotes youth engagement in industrial sector

The Sharjah Chamber of Commerce and Industry (SCCI) hosted a panel discussion entitled “Industry Pioneers –Make it in the Emirates”, in the presence...

09 May 2025
Multiply Group hosts event on future investment landscape

Multiply Group hosts event on future investment landscape

Multiply Group, the Abu Dhabi-based investment holding company (IHC), on Friday convened a diverse group of leading public and private sector investment-related stakeholders...

09 May 2025
AD Ports Group announces first quarter revenue of Dhs4.6 billion

AD Ports Group announces first quarter revenue of Dhs4.6 billion

AD Ports Group on Friday announced its financial results for the first quarter ending March 31st, 2025. Building on the momentum of 2024’s...

09 May 2025
Japan’s real wages in March fall 2.1 per cent from a year earlier

Japan’s real wages in March fall 2.1 per cent from a year earlier

Japan’s real wages in March fell 2.1 per cent from a year earlier, marking the third consecutive monthly decline, government data showed on...

09 May 2025
Sayward Capital signs definitive agreement with Technosteel Construction

Sayward Capital signs definitive agreement with Technosteel Construction

 Gulf Network Sayward Capital Corp., a capital pool company listed on the TSX Venture Exchange (TSXV), has announced the signing of a definitive...

09 May 2025
Bitcoin ETFs face record $1 billion outflow in a single day—what’s happening?

Bitcoin ETFs face record $1 billion outflow in a single day—what’s happening?

Gulf Network Bitcoin exchange-traded funds (ETFs) have just witnessed their largest one-day outflow, with investors pulling more than $1 billion in a single...

09 May 2025
Sheikh Mohammed congratulates Emirates Group after it achieves record Dhs22.7b profit

Sheikh Mohammed congratulates Emirates Group after it achieves record Dhs22.7b profit

Emirates Group has achieved record levels in net profit, revenue, earnings before interest, taxes, depreciation, and amortisation (EBITDA), and cash balances for the...

08 May 2025
Gross banks’ assets up by 1.6% to Dhs4,636.8b at end of February

Gross banks’ assets up by 1.6% to Dhs4,636.8b at end of February

The Central Bank of the UAE (CBUAE) announced the increase in money supply aggregate M1 by 1.8%, from Dhs 965.3 billion at the...

07 May 2025
UAE organises BRICS meet on public-private partnerships

UAE organises BRICS meet on public-private partnerships

The UAE, represented by the Ministry of Finance, has hosted the first-ever BRICS event in the country, the BRICS Finance Track Working Group...

07 May 2025
SCCI boosts cooperation with Estonia in tech and agriculture

SCCI boosts cooperation with Estonia in tech and agriculture

Abdallah Sultan Al Owais, Chairman of the Sharjah Chamber of Commerce and Industry (SCCI), emphasized the importance of strengthening economic cooperation and broadening...

07 May 2025
World stocks down as markets eye US-China talks, Fed decision

World stocks down as markets eye US-China talks, Fed decision

World stocks fell slightly on Wednesday while Treasury yields edged down, after news of a forthcoming meeting between top US and Chinese trade...

07 May 2025
China rolls out more stimulus, agrees to trade talks with US

China rolls out more stimulus, agrees to trade talks with US

China announced a barrage of measures meant to counter the blow to its economy from US President Donald Trump ’s trade war, as...

07 May 2025
GISEC is a global hub for cybersecurity innovation and collaboration: Experts

GISEC is a global hub for cybersecurity innovation and collaboration: Experts

 The first day of the GISEC Global 2025 has once again positioned Dubai at the heart of global cybersecurity discussions. Now in its 14th...

07 May 2025
Transforming relocation services: Smart movers Dubai's rise to excellence

Transforming relocation services: Smart movers Dubai's rise to excellence

Gulf Network The relocation industry in Dubai is both dynamic and demanding, with countless families and businesses requiring seamless transitions in one of...

07 May 2025
UK and India strike free trade agreement amid US tariff blitz

UK and India strike free trade agreement amid US tariff blitz

Britain on Tuesday struck a free trade agreement with India, its biggest such deal since leaving the European Union, after negotiations relaunched in...

06 May 2025
Adnoc successfully completes $1.5b debut international sukuk issuance

Adnoc successfully completes $1.5b debut international sukuk issuance

Adnoc Murban Sukuk Limited (the Issuer), a special purpose vehicle specifically set up to issue Sukuk certificates, has successfully issued its inaugural offering...

06 May 2025
Airport Show takes off in Dubai with broad global participation

Airport Show takes off in Dubai with broad global participation

Sheikh Ahmed Bin Saeed Al Maktoum, President of Dubai Civil Aviation Authority, Chairman of Dubai Airports, Chairman and Chief Executive of Emirates Airline...

06 May 2025
As Trump tariffs sink in, Canadian firms pivot from US to new markets

As Trump tariffs sink in, Canadian firms pivot from US to new markets

A manufacturer of capsules and tablets for the pharmaceuticals industry is scouting Asia for new partners. A steel component maker, with a client...

06 May 2025
Tesla sales decline in Germany as drivers steer clear of Musk

Tesla sales decline in Germany as drivers steer clear of Musk

Tesla sales nosedived again in Germany last month even as electric vehicle sales rose strongly, data showed on Tuesday, as German drivers voted...

06 May 2025
Berkshire investors await new era as Buffett hands over baton

Berkshire investors await new era as Buffett hands over baton

Berkshire Hathaway shareholders mourning the departure of legendary investor Warren Buffett anticipate the conglomerate he built over 60 years will retain its long-term...

06 May 2025
Safeer Market celebrates 40 years with major expansion plans and Dhs500,000 raffle draw

Safeer Market celebrates 40 years with major expansion plans and Dhs500,000 raffle draw

Gulf Network Safeer Market, the supermarket division of Al Safeer Group, marks its 40th anniversary in the UAE with ambitious growth plans and...

06 May 2025

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Local
Dubai enjoys prime position among global economic centres: Maktoum

Dubai enjoys prime position among global economic centres: Maktoum

Sheikh Maktoum Bin Mohammed Bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister, Minister of Finance, and Chairman of the...

8 hours ago
SATExpo 2025 to spotlight innovations shaping space and satellite industry

SATExpo 2025 to spotlight innovations shaping space and satellite industry

Staff Reporter, Gulf Today SATExpo Middle East 2025 launches as the premier regional event for the space and satellite industry, in response to...

8 hours ago
MoIAT launches ‘Make it in the Emirates’ national campaign

MoIAT launches ‘Make it in the Emirates’ national campaign

Dr Sultan Bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, witnessed the nationwide launch of a national campaign under the ‘Make...

8 hours ago
AqlanX gets $10m from DoxAI for Arabic-first enterprise AI

AqlanX gets $10m from DoxAI for Arabic-first enterprise AI

AqlanX, a UAE-based artificial intelligence company, announced a $10 million investment from Lakeba Group through their venture DoxAI, marking a significant milestone in...

8 hours ago
World
US and China talks to defuse trade row continue in Geneva

US and China talks to defuse trade row continue in Geneva

Talks between US and Chinese officials continued into their second day in Geneva on Sunday, as both sides discussed how to de-escalate the...

8 hours ago
Japan’s real wages in March fall 2.1 per cent from a year earlier

Japan’s real wages in March fall 2.1 per cent from a year earlier

Japan’s real wages in March fell 2.1 per cent from a year earlier, marking the third consecutive monthly decline, government data showed on...

09 May 2025
World stocks down as markets eye US-China talks, Fed decision

World stocks down as markets eye US-China talks, Fed decision

World stocks fell slightly on Wednesday while Treasury yields edged down, after news of a forthcoming meeting between top US and Chinese trade...

07 May 2025
China rolls out more stimulus, agrees to trade talks with US

China rolls out more stimulus, agrees to trade talks with US

China announced a barrage of measures meant to counter the blow to its economy from US President Donald Trump ’s trade war, as...

07 May 2025