business

77.5% non-oil share of real GDP and Dhs36b hotel revenues mark exceptional growth on 54th Eid Al Etihad: Minister
  • 02 Dec 2025

77.5% non-oil share of real GDP and Dhs36b hotel revenues mark exceptional growth on 54th Eid Al Etihad: Minister

 Abdulla Bin Touq Al Marri, Minister of Economy and Tourism, affirmed that the 54th UAE Eid Al Etihad arrives this year crowned with exceptional economic and tourism achievements that...

Omnicom to off over 4,000 employees
  • 02 Dec 2025

Omnicom to off over 4,000 employees
Airbus faces new quality problem on A320 jets
  • 02 Dec 2025

Airbus faces new quality problem on A320 jets
Wall Street drifts near its all-time high as most stock markets surge

Wall Street drifts near its all-time high as most stock markets surge

The US stock market is drifting near its record levels on Wednesday following mixed reactions to profit reports from Macy’s, Marvell Technologies and...

15 hours ago
FTSE ADX Dividend Stars Index floated to boost investor options

FTSE ADX Dividend Stars Index floated to boost investor options

The Abu Dhabi Securities Exchange (ADX) Group, among the top 20 globally by market size, is expanding its wide offering of investment tools...

15 hours ago
Abu Dhabi, Latvian chambers sign accord to strengthen economic ties

Abu Dhabi, Latvian chambers sign accord to strengthen economic ties

ABU DHABI: The Abu Dhabi Chamber of Commerce and Industry (ADCCI) has signed a cooperation agreement with the Latvian Chamber of Commerce and...

16 hours ago
Dubai, Cyprus agree to expand business community partnerships

Dubai, Cyprus agree to expand business community partnerships

DUBAI: Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has announced the establishment of the...

16 hours ago
Abu Dhabi solidifies position as a global hub for sustainable growth

Abu Dhabi solidifies position as a global hub for sustainable growth

ABU DHABI: Masdar City Free Zone (MCFZ) has expanded its international footprint with the opening of its first representative office in China, a...

16 hours ago
Italy's employment rate hits record high of 62.7 per cent

Italy's employment rate hits record high of 62.7 per cent

ROME: Italy's employment rate rose to 62.7 per cent in October, the highest level recorded since the statistical series began in January 2004,...

16 hours ago
Faraday Future Hosts FX Super One delivery ceremony for soccer legend Andrés Iniesta in Dubai; Middle East operations enter product delivery and revenue phase

Faraday Future Hosts FX Super One delivery ceremony for soccer legend Andrés Iniesta in Dubai; Middle East operations enter product delivery and revenue phase

Faraday Future Intelligent Electric Inc. (Nasdaq: FFAI) (“Faraday Future,” “FF,” or “the Company”), a global shared intelligent electric mobility ecosystem company headquartered in...

18 hours ago
ES GT Global Debut: Setting a new performance benchmark in the premium European Grand Tourer Segment

ES GT Global Debut: Setting a new performance benchmark in the premium European Grand Tourer Segment

November 21st, the EXLANTIX ES GT made its global debut at the 23rd Guangzhou International Motor Show. The ES GT continues the previous...

19 hours ago
Indian rupee crashes to record low beyond 90 per US dollar

Indian rupee crashes to record low beyond 90 per US dollar

The Indian rupee fell past 90 per US dollar to a record low on Wednesday, declining for the sixth consecutive session as traders...

21 hours ago
OMNIYAT announces major milestones on The Alba, Dorchester Collection, Dubai as main contractor is appointed

OMNIYAT announces major milestones on The Alba, Dorchester Collection, Dubai as main contractor is appointed

OMNIYAT, Dubai’s leading ultra-luxury developer, is proud to announce a series of transformative construction milestones signalling the steady rise of The Alba, Dorchester...

03 Dec 2025
Arab GDP value projected to hit $4 trillion in ’26: Dhaman

Arab GDP value projected to hit $4 trillion in ’26: Dhaman

The Arab Investment & Export Credit Guarantee Corporation (Dhaman) revealed that the value of Arab gross domestic product (GDP) rose by 1.7 per...

02 Dec 2025
India’s GDP likely to growat 7.2% this fiscal: Report

India’s GDP likely to growat 7.2% this fiscal: Report

The report from rating agency Brickwork Ratings also said that it revised its full‑year real GDP growth forecast to 7.2 per cent from...

02 Dec 2025
Pacts signed to boost Industrial ties in aerospace anufacturing

Pacts signed to boost Industrial ties in aerospace anufacturing

The Advanced Military Maintenance, Repair and Overhaul Centre (AMMROC) has signed three strategic Memoranda of Understanding (MoUs) with the Arab Organisation for Industrialisation...

02 Dec 2025
UAE Pavilion welcomes senior officials on day one of Egypt Defence Expo 2025

UAE Pavilion welcomes senior officials on day one of Egypt Defence Expo 2025

President Abdel Fattah El Sisi, President of the Arab Republic of Egypt, yesterday inaugurated the Egypt Defence Expo 2025 (EDEX 2025), which is...

02 Dec 2025
Gold hits six-week high on rate cut optimism

Gold hits six-week high on rate cut optimism

Gold prices climbed to their highest level in six weeks on Monday, driven by expectations of a US interest rate cut this month...

01 Dec 2025
Mubadala Energy, PLN Energi Primer Indonesia sign Heads of Agreement to strengthen Indonesia’s energy resilience

Mubadala Energy, PLN Energi Primer Indonesia sign Heads of Agreement to strengthen Indonesia’s energy resilience

Mubadala Energy and PLN Energi Primer Indonesia (PLN EPI), a subsidiary of Indonesia’s energy and electricity supplier, have signed a Heads of Agreement...

01 Dec 2025
Korea's exports rise 8.4% on-year to $61.04 billion in November

Korea's exports rise 8.4% on-year to $61.04 billion in November

The Republic of Korea’s exports increased 8.4 per cent from a year earlier in November to over $61 billion, marking the sixth consecutive...

01 Dec 2025
UAE-Kazakhstan Joint Committee discusses cooperation in AI, space, energy

UAE-Kazakhstan Joint Committee discusses cooperation in AI, space, energy

Suhail Bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure and Special Envoy of the UAE Minister of Foreign Affairs to Kazakhstan, and...

01 Dec 2025
US Black Friday online sales hit record $11.8 billion, says report

US Black Friday online sales hit record $11.8 billion, says report

American shoppers spent a record $11.8 billion online on Black Friday, up 9.1% from last year, final data from Adobe Analytics showed. Adobe...

30 Nov 2025
Air Arabia starts daily flights to Krabi

Air Arabia starts daily flights to Krabi

Air Arabia has inaugurated its daily nonstop service between Sharjah and Krabi, providing a direct connection between the UAE and the coastal Thai...

30 Nov 2025
China’s factory activity contracts for 8th month in November

China’s factory activity contracts for 8th month in November

China’s factory activity contracted for the eighth straight month in November, according to an official survey on Sunday, underscoring challenges for the country’s...

30 Nov 2025
GCAA confirms safe operations, says over 100 UAE aircraft affected by Airbus recall

GCAA confirms safe operations, says over 100 UAE aircraft affected by Airbus recall

The General Civil Aviation Authority (GCAA) of the United Arab Emirates confirmed that all UAE operators of Airbus A319, A320, and A321 aircraft...

30 Nov 2025
Sharjah Shopping Promotions 2025–2026 start on December 1

Sharjah Shopping Promotions 2025–2026 start on December 1

The Sharjah Chamber of Commerce and Industry announced that all arrangements have been finalised for the upcoming season of the Sharjah Shopping Promotions...

30 Nov 2025
Taiwan GDP growth forecast hits 15-year high on surge in AI demand

Taiwan GDP growth forecast hits 15-year high on surge in AI demand

Taiwan’s tech-heavy economy is expected to grow at its fastest pace in 15 years, riding the wave of demand for artificial intelligence (AI)...

30 Nov 2025
Etihad Airways says A320 operations returned to normal

Etihad Airways says A320 operations returned to normal

Etihad Airways flights have returned to normal scheduled operations following the successful installation of the required Airbus software update across A320 fleet. Thanks...

29 Nov 2025
Implementation of amendments to tax law from Jan.1, 2026: MoF

Implementation of amendments to tax law from Jan.1, 2026: MoF

The Ministry of Finance has announced the issuance of Federal Decree-Law No. (17) of 2025 amending certain provisions of Federal Decree-Law No. (28)...

29 Nov 2025
Airbus A320 recall disrupts Asian travel as carriers scramble to patch software

Airbus A320 recall disrupts Asian travel as carriers scramble to patch software

Asian airlines scrambled on Saturday to fix a software glitch on their Airbus A320 jets as a sweeping recall by the European planemaker...

29 Nov 2025

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Local
FTSE ADX Dividend Stars Index floated to boost investor options

FTSE ADX Dividend Stars Index floated to boost investor options

The Abu Dhabi Securities Exchange (ADX) Group, among the top 20 globally by market size, is expanding its wide offering of investment tools...

15 hours ago
Abu Dhabi, Latvian chambers sign accord to strengthen economic ties

Abu Dhabi, Latvian chambers sign accord to strengthen economic ties

ABU DHABI: The Abu Dhabi Chamber of Commerce and Industry (ADCCI) has signed a cooperation agreement with the Latvian Chamber of Commerce and...

16 hours ago
Dubai, Cyprus agree to expand business community partnerships

Dubai, Cyprus agree to expand business community partnerships

DUBAI: Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has announced the establishment of the...

16 hours ago
Abu Dhabi solidifies position as a global hub for sustainable growth

Abu Dhabi solidifies position as a global hub for sustainable growth

ABU DHABI: Masdar City Free Zone (MCFZ) has expanded its international footprint with the opening of its first representative office in China, a...

16 hours ago
World
Wall Street drifts near its all-time high as most stock markets surge

Wall Street drifts near its all-time high as most stock markets surge

The US stock market is drifting near its record levels on Wednesday following mixed reactions to profit reports from Macy’s, Marvell Technologies and...

15 hours ago
Italy's employment rate hits record high of 62.7 per cent

Italy's employment rate hits record high of 62.7 per cent

ROME: Italy's employment rate rose to 62.7 per cent in October, the highest level recorded since the statistical series began in January 2004,...

16 hours ago
Indian rupee crashes to record low beyond 90 per US dollar

Indian rupee crashes to record low beyond 90 per US dollar

The Indian rupee fell past 90 per US dollar to a record low on Wednesday, declining for the sixth consecutive session as traders...

21 hours ago
India’s GDP likely to growat 7.2% this fiscal: Report

India’s GDP likely to growat 7.2% this fiscal: Report

The report from rating agency Brickwork Ratings also said that it revised its full‑year real GDP growth forecast to 7.2 per cent from...

02 Dec 2025