Al Ansari Reports 29% Profit Drop in Q1 Amid Regional Conflict
Al Ansari Financial Services said on Friday its net profit after tax declined 29 per cent year-on-year to Dh77 million. The Dubai-listed...
Which Indian Sectors Will Benefit Most From UAE’s $5 Billion Investment?
The UAE and India agreed to a series of agreements on security, energy, shipping and infrastructure during the visit of Indian Prime...
How Modi’s UAE Visit Signals a New Era for India-UAE Trade Relations
The Indian business community in the UAE has praised Prime Minister Narendra Modi’s visit to the country on Friday, May 15, as a “Cepa...
Google, Coca-Cola, and ExxonMobil Leaders Join US-Saudi Business Council Board
RIYADH: As commercial relations between the two nations grow, a number of senior professionals, including executives from Alphabet,...
Strait of Hormuz Sees More Ship Crossings, Sending Oil Prices Lower
LONDON: Iran’s state media said that over 30 ships have crossed the Strait of Hormuz in recent hours, and the semi-official Fars news...
Saudi Arabia Keeps Consumer Inflation Under Control at 1.7%: GASTAT
RIYADH: Consumer prices increased 1.7% year over year in April, but Saudi Arabia’s inflation rate remained comparatively steady. The...
Gaza Aid Flotilla Resumes Mission Despite Israeli Interceptions
MARMARIS, TURKIYE: Following past attempts to carry aid to Gaza that Israel halted in international seas, ships from the Global Sumud...
In a Joint UN letter Gulf Nations Denounce Iran’s “Hormuz Rules
LONDON: Gulf Arab nations have protested Iran’s “unacceptable claim” to have imposed new regulations for ships traveling...
UAE Property Market 2026: Key Risks, Growth Drivers, and Developer Resilience
According to a recent sector in-depth study by Moody’s Ratings, the UAE’s real estate industry is experiencing tougher...
Why India Raised Gold Import Duty to 15% Amid Forex Reserve Pressure
India has raised import taxes on gold, silver, and other precious metals to 15% from 6% in an effort to reduce non-essential imports and...
