INR Nearing 100 Against the Dollar: A Turning Point for UAE NRIs?
India’s rupee is approaching a psychologically important level in its history. Currency markets are betting more and more that the...
DFM Starts 2026 Strong: Breaking Down the Dh1 Billion Trading Day
According to Hamed Ali, CEO of Dubai Financial Market and Nasdaq Dubai, the Dubai Financial Market (DFM) began 2026 with an average daily...
Why Gold Prices in Dubai Have Dropped by Dh25 in Just 11 Days
Due to ongoing pressure on the precious metal, gold prices fell Dh1.75 per gram in early trading on Friday in Dubai. When markets began on...
Oil Market Recovery Fueled by Iran Tensions and Inventory Drawdowns
BEIJING/SINGAPORE (Reuters) – Oil prices rose over 1 percent on Thursday, reversing earlier falls, as investors looked to peace...
Historic $5bn GCC Trade Deal Puts UK Ahead of G7 Rivals
LONDON: Britain has become the first G7 country to sign a trade deal with the Gulf Cooperation Council, a deal expected to inject £3.7...
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...
Cameroon Cracks Down on Nearly 200 Illegal Gold Mining Firms
Cameroon’s mines ministry announced on Wednesday that authorities had discovered nearly 200 illicit artisanal gold mining firms in...
How New Shipping Routes Are Transforming Trade Between Asia and Europe
RIYADH: Following the Kingdom’s addition of CMA CGM’s “Ocean Rise” shipping service to Jeddah Islamic Port,...
OpenAI Trial Heats Up as Elon Musk Is Grilled Over AI Profit Motives
Elon Musk struggled to explain how his own for-profit AI company differs from the one he is attempting to overthrow as he sparred with...
What If the U.S. Navy Blocks Hormuz? A Global Crisis Simulation
WASHINGTON: In response to Iran’s “unyielding” unwillingness to abandon its nuclear aspirations during peace negotiations...
