Dubai’s Stock Market Leads GCC in November Gains Amid Mixed Regional Performance
Dubai’s successful economic diversification efforts shone through in November 2024 as the Dubai Financial Market (DFM) General Index achieved its…
Tag: Business
Emirates Cancels Flights to Baghdad and Beirut Amid Regional Instability
Emirates Airlines has announced the cancellation of its flights to and from Baghdad until December 14, 2024, and to and…
UAE to Announce December Fuel Prices Amid Expectations of a Slight Drop
The UAE is set to announce its retail fuel prices for December on Saturday, November 30, as global market trends…
UAE’s First Licensed Lottery Launched, Promising Innovation and Economic Growth
The UAE’s first regulated lottery, operated by The Game LLC, officially launched on Wednesday, marking a significant milestone for the…
UAE Corporate Earnings Defy GCC Trend, Driven by Non-Oil Growth
The United Arab Emirates has emerged as a standout performer in the GCC, with its corporate earnings surging in the…
Adnoc L&S Takes Delivery of First LNG Carrier in Major Fleet Expansion
Adnoc Logistics and Services (Adnoc L&S), a global leader in energy maritime logistics, has taken delivery of “Al Shelila,” the…
Wynn Resorts’ Al Marjan Island Project Reaches 55% Completion
Wynn Resorts announced that construction of its integrated gaming resort on Al Marjan Island in Ras Al Khaimah is 55%…
U.S. Antitrust Lawyers Push for Google Chrome Sale to Curb Market Power
The U.S. Department of Justice (DOJ) has proposed a dramatic move to curb Google’s dominance in online search by recommending…
US Regulators’ Bid to Break Up Google Faces Legal and Political Challenges
Efforts by U.S. antitrust regulators to force Alphabet Inc. to sell its Google Chrome browser and impose restrictions on its…
Lulu Retail Reports $1.86 Billion Q3 Revenue Following Landmark IPO
Lulu Retail, a leading regional retailer, announced a $1.86 billion revenue for the third quarter of 2024, marking a 6.1%…