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Tag: Business

Airfares Set to Climb as Fuel Costs, Travel Demand Drive Prices Higher
Business

Airfares Set to Climb as Fuel Costs, Travel Demand Drive Prices Higher

May 25, 2026

Air travellers are likely to face significantly higher ticket prices this year, with travel agents forecasting fare increases of up…

Oil Prices Slide to Two-Week Lows as US-Iran Peace Hopes Grow
Business

Oil Prices Slide to Two-Week Lows as US-Iran Peace Hopes Grow

May 25, 2026

Oil prices dropped sharply on Monday, falling to their lowest levels in two weeks as markets reacted to signs of…

UAE Petrol Prices May Rise Again in June as Oil Stays Elevated
Business

UAE Petrol Prices May Rise Again in June as Oil Stays Elevated

May 25, 2026

Motorists in the UAE could face another increase in fuel costs as the country’s fuel price committee prepares to announce…

Instant Payments and Digital Wallets Drive Shift Toward Cashless Economy
Business

Instant Payments and Digital Wallets Drive Shift Toward Cashless Economy

May 23, 2026

The rapid rise of instant payments and digital wallets is transforming how consumers and businesses manage money, with global adoption…

UAE Bets on Artificial Intelligence Infrastructure to Build Next Economic Engine
Business

UAE Bets on Artificial Intelligence Infrastructure to Build Next Economic Engine

May 23, 2026

The UAE is positioning itself to become a global producer and exporter of artificial intelligence, applying a development strategy that…

Saudi POS Spending Holds Above $3.5bn Despite Weekly Dip
Business

Saudi POS Spending Holds Above $3.5bn Despite Weekly Dip

May 22, 2026

Saudi Arabia’s point-of-sale transaction value remained above SR13 billion ($3.5 billion) during the week ending May 16, as consumer spending…

SpaceX Delays Starship Test Flight After Last-Minute Technical Issue
Business

SpaceX Delays Starship Test Flight After Last-Minute Technical Issue

May 22, 2026

SpaceX on Thursday called off the launch of its latest Starship rocket moments before liftoff in Texas, delaying a closely…

Emirates Urges Eid Travellers to Arrive Early as Dubai Airport Braces for Holiday Rush
Business

Emirates Urges Eid Travellers to Arrive Early as Dubai Airport Braces for Holiday Rush

May 22, 2026

Dubai-based airline Emirates has urged passengers travelling during the Eid Al Adha holidays to arrive at the airport at least…

UAE Firms Race to Meet New Salary Payment Deadline as SMEs Brace for Pressure
Business

UAE Firms Race to Meet New Salary Payment Deadline as SMEs Brace for Pressure

May 21, 2026

Companies across the UAE are preparing for a major payroll shift ahead of a new government deadline requiring salaries to…

Electronic Travel Authorisations Become Key Driver of Aviation Data Economy
Business

Electronic Travel Authorisations Become Key Driver of Aviation Data Economy

May 21, 2026

Electronic Travel Authorisations (ETAs) are rapidly transforming from simple border-entry systems into major digital platforms shaping the future of global…

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  • UAE Highlights Strong Fiscal Progress in 2025 with Larger Budget and New Investment Initiatives
  • Bildco Erases Dh464 Million in Losses, Opens New Chapter for Growth and Shareholder Returns
  • UN Warns Strait of Hormuz Closure Threatens Nearly One Billion People in Vulnerable Economies
  • Hezbollah Rejects Lebanon Ceasefire as Israel Signals Continued Military Presence
  • Pakistan Introduces Dirham and Riyal Investment Certificates for Overseas Workers in Gulf

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  • UAE Highlights Strong Fiscal Progress in 2025 with Larger Budget and New Investment InitiativesJune 7, 2026
  • Bildco Erases Dh464 Million in Losses, Opens New Chapter for Growth and Shareholder ReturnsJune 7, 2026
  • UN Warns Strait of Hormuz Closure Threatens Nearly One Billion People in Vulnerable EconomiesJune 7, 2026
  • Hezbollah Rejects Lebanon Ceasefire as Israel Signals Continued Military PresenceJune 5, 2026
  • Pakistan Introduces Dirham and Riyal Investment Certificates for Overseas Workers in GulfJune 5, 2026
  • Tech Ecosystems Poised to Shape Global Innovation in 2026June 5, 2026
  • Countries Tighten Grip on Social Media Access as Under-16 Bans Spread GloballyJune 4, 2026
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