Saudi POS Spending Jumps to SR16.6bn as Consumer Activity Accelerates
Consumer spending in Saudi Arabia recorded a sharp rise during the week ending May 2, with total point-of-sale transactions climbing…
Tag: Business
UAE Advances Flying Taxi Plans as Archer’s Midnight Aircraft Enters Certification Programme
The United Arab Emirates has taken another step toward introducing flying taxi services after the country’s aviation regulator approved a…
Burjeel Holdings Posts Strong First-Quarter Profit Growth Amid Regional Challenges
Burjeel Holdings reported strong first-quarter results for 2026, posting a sharp rise in profit as patient demand, network expansion and…
Rupee Hits Record Low as Oil Surge and Gulf Tensions Rattle Markets
The Indian rupee fell to a record low on Tuesday, breaching the 95 mark against the US dollar and weakening…
Dubai Unveils Plan to Drive AI-Powered Transformation in Private Sector
Dubai has announced a new initiative aimed at accelerating the adoption of advanced artificial intelligence systems across its private sector,…
Gold Holds Steady in UAE as Ceasefire Supports Market Stability
Gold prices in the UAE remained largely stable on Monday morning, with only a marginal decline recorded as a ceasefire…
Dubai Airports Scales Up Operations as UAE Airspace Returns to Normal
Dubai Airports has begun ramping up flight operations following the full reopening of UAE airspace, marking a key step in…
Apple Set to Unveil iOS 27 at WWDC With New Siri, Satellite Features and Performance Focus
Apple is expected to introduce iOS 27 at its Worldwide Developers Conference on June 8, with a range of new…
New Mexico Trial Could Force Major Changes to Meta Platforms
A high-stakes trial underway in New Mexico could lead to sweeping changes in how Meta operates Facebook, Instagram and WhatsApp,…
Spirit Airlines Nears Shutdown as Rescue Talks Reach Critical Stage
Spirit Airlines could cease operations as early as Saturday morning unless a last-minute rescue agreement is reached, after negotiations over…