MENA

UAE’s ADNOC boosts US investments, says AI once-in-a generation investment opportunity

WASHINGTON: ADNOC chief Sultan al-Jaber said on Tuesday the state oil company of the United Arab Emirates was... Published 17 Jun, 2025 09:05pm

Stocks

Most Gulf markets in red over Israel-Iran conflict worries

Most stock markets in the Gulf ended lower on Tuesday with investors cautious due to fighting between Iran and... Published 17 Jun, 2025 06:34pm

MENA

Dubai property: buyers purchase shares in one-bedroom apartment in record time

• Dubai govt's tokenised project allows users to buy shares in properties through blockchain-based tokens, starting from AED 2,000 ($545)

Published 12 Jun, 2025 03:55pm

Stocks

Major Gulf bourses subdued on Israel-Iran conflict

Major stock markets in the Gulf were subdued in early trade on Tuesday with investors cautious as fighting between... Published 17 Jun, 2025 02:01pm

Stocks

Gulf markets rebound amid Israel-Iran conflict

Stock markets in the Gulf ended higher on Monday, recovering some of their losses from previous sessions when they... Published 16 Jun, 2025 06:55pm

Middle East

Riyadh Air orders 25 Airbus A350-1000 jets

PARIS: Saudi startup Riyadh Air signed a deal at the Paris Airshow on Monday to buy 25 Airbus A350-1000 jets, the... Published 16 Jun, 2025 05:40pm

Middle East

Saudi leasing firm AviLease orders 40 Airbus jets

PARIS: Saudi leasing company AviLease placed a firm order for 30 Airbus single-aisle jets and 10 A350 freighters in... Published 16 Jun, 2025 04:34pm

Stocks

UAE markets fall after Israel strikes Iran

DUBAI: Markets in the United Arab Emirates (UAE) fell in early trade on Friday after Israel launched widescale... Published 13 Jun, 2025 01:29pm

MENA

Dubai: the new business school hub for international students

• Experts say Dubai gives unparalleled access to global networks and career opportunities

Updated 10 Jun, 2025 09:29pm

Stocks

Major Gulf markets retreat on geopolitics

Major stock markets in the Gulf fell in early trade on Thursday amid uncertainty following the U.S. decision to... Published 12 Jun, 2025 12:54pm

MENA

UAE among countries EU plans to remove from ‘high-risk’ money-laundering list

The European Commission (EC) it set to remove the UAE from its list of high‑risk jurisdictions which have “strategic... Published 11 Jun, 2025 03:40pm

Stocks

Most Gulf markets gain as investors eye US-China talks

Most stock markets in the Gulf ended higher on Tuesday, tracking gains in global equities as investors looked for... Published 10 Jun, 2025 06:31pm

MENA

Dubai property market ‘shatters records’ with AED 66.8bn of transactions in May: report

• Business Bay emerges as ‘premium investment magnet’ while Al Barsha has ‘broad market appeal’, according to report from Property Finder

Published 05 Jun, 2025 02:09pm

MENA

Middle East tourism spending to hit $350bn by 2030

• Dubai and Abu Dhabi leading luxury hotel boom

Published 05 Jun, 2025 03:50pm

Real Estate

Dubai’s first tokenised real estate project signals ‘major transformation’ for property sector

• Initiative allows buyers to own a share in a prime real estate project in Dubai through blockchain-based tokens, starting from AED 2,000

Updated 03 Jun, 2025 11:25am

Middle East

Dubai party hotel FIVE considers listing in London or New York

DUBAI: Dubai party hotel operator FIVE Holdings is considering listing in London or New York, three people with... Published 04 Jun, 2025 09:02pm

Energy

Saudi Arabia cuts July oil prices to Asia to 4-year low after OPEC+ supply boost

Saudi Arabia, the world’s biggest oil exporter, cut its prices for Asian crude buyers close to the lowest level in... Published 04 Jun, 2025 08:51pm

Stocks

Most Gulf markets rise, Dubai’s main index hits over 17-year high

Most Gulf share indexes ended higher on Wednesday, tracking steady oil prices as a hit to Canadian supply from... Published 04 Jun, 2025 08:37pm

Commodities

UAE seeks US trade deal to roll back Trump’s steel and aluminium tariffs

The United States and the United Arab Emirates have agreed to start negotiations for a potential bilateral trade... Published 04 Jun, 2025 07:06pm

MENA

Dubai Future District Fund supported 190 startups in 2024

The Dubai Future District Fund (DFDF) reported over $1.65 billion in capital commitments and support for more than... Published 04 Jun, 2025 02:26pm

Stocks

Gulf bourses in green as oil prices rise

Most stock markets in the Gulf were trading higher early on Tuesday as oil prices ticked up on concerns about... Published 03 Jun, 2025 03:05pm

Middle East

Saudi Arabia’s non-oil private sector growth accelerates in May, PMI shows

ABU DHABI: The expansion in Saudi Arabia’s non-oil private sector activity quickened in May, driven by accelerated... Published 03 Jun, 2025 11:43am

MENA

Dubai’s residential property prices expected to fall by 15%: Fitch Ratings

• Dubai's residential real estate prices will face a 'moderate correction' the second half of the year and in 2026, says report

Published 30 May, 2025 04:34pm

Middle East

ADNOC lowers Murban export forecast for August 2025 to May 2026

SINGAPORE: Abu Dhabi National Oil Co (ADNOC) has lowered its monthly export forecast for Murban crude from August to... Published 02 Jun, 2025 02:58pm

Stocks

Most Gulf bourses trade lower as tariff tensions continue to weigh

Most stock markets in the Gulf were trading lower early on Monday as U.S.-China trade tensions continue to weigh on... Published 02 Jun, 2025 02:38pm

Middle East

Saudi firms to place orders for dozens of Airbus jets, sources say

NEW DELHI: Saudi Arabia is set to place orders for billions of dollars of Airbus jets as the kingdom balances... Published 30 May, 2025 09:13pm

Middle East

UAE’s biggest bank FAB seeks to raise $480mn from secondary offering

DUBAI: First Abu Dhabi Bank (FAB), the UAE’s biggest bank by assets, is looking to raise around $480 million from a... Published 30 May, 2025 09:09pm

Stocks

UAE markets fall but Dubai index ends May at multi-year high

Dubai’s main share index ended May at its highest level since July 2008, even as global trade uncertainty and... Published 30 May, 2025 07:45pm

MENA

UAE seeks to protect investors with ‘finfluencer’ licence

• Anyone in the UAE offering investment analysis will be required to get this licence

Published 29 May, 2025 01:49pm

Middle East

Saudi Aramco could soon issue Islamic bonds, prospectus shows

DUBAI: Saudi Aramco has published a new prospectus for its issuance programme of Islamic bonds or sukuk, signalling... Published 30 May, 2025 04:29pm

MENA

Dubai International Airport tops ‘air connectivity ranking’ in Asia-Pacific and Middle East

Dubai International (DXB) has maintained its position as the leading airport in the ACI’s 2024 Air Connectivity... Published 29 May, 2025 04:06pm

MENA

UAE: corporate tax exemption to extend to some foreign firms

• The idea is 'to ensure equal tax treatment between local and foreign entities owned by certain exempt entities'

Published 21 May, 2025 03:54pm

Stocks

Saudi Arabia index closes at lowest since early April

Saudi Arabia’s main stock index closed down on Tuesday, reaching its lowest level since April 7 as market sentiment... Published 27 May, 2025 07:39pm

Middle East

Saudi Aramco seeks funds through three-part bond sale

Oil giant Saudi Aramco is seeking to raise funds through a dollar-denominated three-part bond sale, fixed income... Published 27 May, 2025 04:57pm

Middle East

Saudi Aramco considers asset sales to free up funds, sources say

DUBAI/NEW YORK: Saudi state oil giant Aramco is exploring potential asset sales to free up funds, two people with... Published 24 May, 2025 01:23pm

Stocks

Dubai and Abu Dhabi indexes log sixth straight week of gains

Dubai’s main share index and Abu Dhabi’s benchmark index logged its sixth straight weekly gain, each closing the... Published 23 May, 2025 05:43pm

MENA

Pakistan Association Dubai sets world record for UAE flag made of 24,000 handprints

Pakistan Association Dubai (PAD) said on Thursday it was officially recognised by Guinness World Records for... Published 23 May, 2025 03:24pm

Stocks

Saudi Arabia’s stock index sees worst session in six weeks

Saudi Arabia’s benchmark stock index logged its worst session in six weeks, ending the day 1.2% lower, while most... Published 21 May, 2025 09:28pm

MENA

Emirates will operate 46 extra flights for Hajj, Eid Al Adha

• Emirates will be transporting nearly 32,000 Hajj passengers over the next three weeks from key points within its network, including Pakistan

Updated 22 May, 2025 03:54pm

MENA

Pakistani brands at Dubai Baby Expo set sight on expansion

• Baby Expo featured over 250 global brands from the maternity, baby and toddler space

Updated 20 May, 2025 01:30pm

MENA

Dubai: Over 1bn carats of diamonds traded over 5 years

• UAE considered third largest diamond hub behind US and India

Published 20 May, 2025 03:19pm

Stocks

Most Gulf indexes rise, Dubai benchmark hits record high

Most Gulf bourses inched higher early on Tuesday, with Dubai’s main share index hitting a record high on optimism... Published 20 May, 2025 02:25pm

MENA

Dubai: VFS launches ‘world’s largest visa application centre’

• Centre is equipped to handle up to 10,000 visa applications daily

Published 20 May, 2025 02:23pm

Middle East

India central bank gives Emirates NBD ‘in-principle’ nod to set up local unit

The Reserve Bank of India has given “in-principle” approval to Emirates NBD Bank PJSC to set up a wholly owned unit... Published 19 May, 2025 09:00pm

Stocks

Dubai and Abu Dhabi end week in positive territory as Trump wraps Gulf tour

Dubai’s main share index rose to a record high on Friday, settling up 1.05%, as a slew of business deals between the... Published 16 May, 2025 06:09pm