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Tag: Business

UAE Increases Fuel Prices for February After Two-Month Freeze
Business

UAE Increases Fuel Prices for February After Two-Month Freeze

January 31, 2025

The United Arab Emirates (UAE) has announced an increase in fuel prices for February, marking the first hike in two…

U.S. Tech Giants Defend AI Spending as China’s DeepSeek Disrupts Market
Business

U.S. Tech Giants Defend AI Spending as China’s DeepSeek Disrupts Market

January 30, 2025

San Francisco – Days after Chinese AI startup DeepSeek unveiled a breakthrough in low-cost artificial intelligence computing, Microsoft and Meta…

Global Leaders and Tech Titans to Headline World Government Summit in Dubai
Business

Global Leaders and Tech Titans to Headline World Government Summit in Dubai

January 29, 2025

The 2024 World Government Summit (WGS), set to take place in Dubai from February 11 to 13, will feature an…

Samsung Galaxy S25 Ultra vs. iPhone 16 Pro Max: The Battle of 2025’s Flagships
Business

Samsung Galaxy S25 Ultra vs. iPhone 16 Pro Max: The Battle of 2025’s Flagships

January 28, 2025

The rivalry between Samsung and Apple reaches new heights with the launch of their latest flagship smartphones: the Samsung Galaxy…

Indian Rupee Slips Amid Equity Outflows and Corporate Hedging
Business

Indian Rupee Slips Amid Equity Outflows and Corporate Hedging

January 27, 2025

The Indian rupee resumed its downward trend on Monday, weakened by sustained equity outflows and increased corporate hedging activity. By…

Dubai Property Buyers to Shoulder Fees as Banks Halt DLD and Brokerage Financing
Business

Dubai Property Buyers to Shoulder Fees as Banks Halt DLD and Brokerage Financing

January 26, 2025

Starting February 1, 2025, property buyers in Dubai taking out mortgages will need to pay Dubai Land Department (DLD) fees…

Sharjah to Host Three New Pharmaceutical Factories in $84 Million Investment
Business

Sharjah to Host Three New Pharmaceutical Factories in $84 Million Investment

January 25, 2025

Three new pharmaceutical factories are set to be established in Sharjah, with a combined investment of $84 million (Dh308.7 million).…

OpenAI Launches “Operator,” an AI Tool to Simplify Everyday Tasks
Business

OpenAI Launches “Operator,” an AI Tool to Simplify Everyday Tasks

January 24, 2025

OpenAI has unveiled its latest artificial intelligence tool, “Operator,” designed to handle everyday online tasks, from filling out forms to…

Meta Denies Claims of Forced Follows for Trump Administration Accounts
Business

Meta Denies Claims of Forced Follows for Trump Administration Accounts

January 23, 2025October 16, 2025

Silicon Valley, CA – Meta, the parent company of Facebook and Instagram, has denied allegations that users were forced to…

Gold Prices Surge in Dubai Amid Global Market Gains
Business

Gold Prices Surge in Dubai Amid Global Market Gains

January 21, 2025

Gold prices climbed significantly in Dubai on Tuesday morning, reflecting an upward trend in international markets. At the opening of…

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  • IEA Warns of Major Oil Surplus in 2027 as Gulf Production Recovers
  • Gulf Economies Face Slow Recovery Despite Hormuz Reopening, Economists Warn
  • Shehbaz Sharif Hails Qatar’s Role in US-Iran Agreement as Ceasefire Takes Effect
  • AI Infrastructure Emerges as New Strategic Battleground for Global Economic Power
  • UAE Oil Production Set to Surpass 5 Million BPD as Expansion Plans Accelerate After OPEC Exit

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  • IEA Warns of Major Oil Surplus in 2027 as Gulf Production RecoversJune 18, 2026
  • Gulf Economies Face Slow Recovery Despite Hormuz Reopening, Economists WarnJune 18, 2026
  • Shehbaz Sharif Hails Qatar’s Role in US-Iran Agreement as Ceasefire Takes EffectJune 18, 2026
  • AI Infrastructure Emerges as New Strategic Battleground for Global Economic PowerJune 17, 2026
  • UAE Oil Production Set to Surpass 5 Million BPD as Expansion Plans Accelerate After OPEC ExitJune 17, 2026
  • Qatar Closes Restaurant After Food Poisoning Reports, Investigation UnderwayJune 17, 2026
  • Qatar Expresses Cautious Optimism as US-Iran Peace Agreement Moves Toward Formal SigningJune 16, 2026
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