UAE Employers Plan Steady Salary Increases of 3.4% in 2026, Korn Ferry Survey Finds
Companies across the UAE are planning average base salary increases of 3.4 per cent in 2026, with wage growth expected…
Category: Business
Dubai Appeal Court Upholds Acquittal in Used-Car Business Dispute
The Dubai Court of Appeal has upheld the acquittal of a businessman accused of criminal breach of trust, ruling that…
UAE FMCG Market Grows as Consumer Spending Rises and Local Brands Hold Strong
The UAE’s fast-moving consumer goods (FMCG) market continued its upward trend over the past year, with consumer spending increasing by…
Samsung Says Seven Generations of Foldable Experience Shaped Galaxy Z Fold8
Samsung says seven generations of foldable phones have helped shape the design and engineering behind its latest Galaxy Z Fold8…
GCC Faces Surge in Bond and Sukuk Maturities Through 2030
Gulf Cooperation Council fixed income markets are preparing for a sharp rise in bond and sukuk repayments over the coming…
IATA, CANSO and ACI Launch Global Drive to Improve Runway Safety
International aviation organisations have joined forces to strengthen runway safety and reduce the risk of runway incursions at airports around…
Aldar Properties Reports 18% Rise in First-Half Profit as Development Backlog Supports Growth
Aldar Properties reported strong financial results for the first half of the year, with net profit after tax rising 18…
Rogue OpenAI AI Agent Linked to Second Tech Firm During Hugging Face Cyberattack
An artificial intelligence agent being tested by OpenAI that carried out a cyberattack against AI platform Hugging Face also compromised…
EU Introduces Mandatory Labels for AI-Generated Content to Combat Deepfakes
The European Union will begin enforcing new transparency rules on Sunday requiring companies to clearly label artificial intelligence-generated content, marking…
OpenAI CEO Sam Altman Says Humanity May Already Be Entering the AI ‘Singularity’
OpenAI Chief Executive Sam Altman has suggested that humanity may already be entering the long-discussed “singularity,” a concept once associated…