US and Global Regulators Ease Bank Rules Amid Economic Concerns
Seventeen years after the global financial crisis, banking regulators are easing capital requirements to support lenders and encourage economic activity.…
Category: Business
UAE and GCC Flights Disrupted by Temporary Greece Airspace Closure
A widespread radio communication failure led to the temporary closure of Greece’s airspace on the morning of January 4, 2026,…
OPEC+ Holds Oil Output Steady Amid Global Price Slump and Political Tensions
OPEC+ announced Sunday that it will maintain current oil production levels, despite ongoing political tensions between member states and the…
EU Proposes Delayed Shift to Fully Electric Cars, Easing Rules for Automakers
Brussels has proposed abandoning a 2035 deadline for a complete transition to fully electric vehicles, giving Europe’s traditional carmakers more…
Freedom Broker Global Markets Secures Financial Licence in Abu Dhabi
Freedom Broker Global Markets, a subsidiary of US-listed Freedom Holding Corp (FRHC), has obtained a financial services licence from the…
QNB Predicts Moderate Global Growth Improvement in 2026
QNB has projected a modest improvement in global economic growth for 2026, forecasting a rate of 3.2 percent, slightly above…
Air India Pilot Reported for Duty Under Influence in Canada, Flight Delayed
Canada’s transport regulator has asked Air India to investigate an incident involving a pilot who reported for duty under the…
UAE Set to Strengthen Lead as Top Destination for Indian Millionaires in 2026
As global wealth mobility accelerates, the UAE — the undisputed magnet for migrating Indian millionaires — is set to further…
UAE Announces Lower Fuel Prices for January 2026
The UAE on Wednesday (December 31) announced the fuel prices for January 2026, with the Fuel Prices Monitoring Committee reducing…
Gold Prices Dip at Dubai Market Opening on Year-End Trading Day
Gold prices in Dubai fell by Dh3 per gram at the start of trading on Wednesday, marking the last market…