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Tag: Business

Indian Firms Lead New Membership Growth in Dubai Chamber of Commerce
Business

Indian Firms Lead New Membership Growth in Dubai Chamber of Commerce

December 24, 2024

Indian investors maintained their position as the top contributors to new non-Emirati memberships in the Dubai Chamber of Commerce during…

News Corp Sells Foxtel to DAZN in $2.1 Billion Deal
Business

News Corp Sells Foxtel to DAZN in $2.1 Billion Deal

December 23, 2024

News Corp has announced the sale of its Australian cable TV business, Foxtel, to London-based sports streaming network DAZN for…

High Demand for One- and Two-Bedroom Apartments Drives Dubai’s Rental Market
Business

High Demand for One- and Two-Bedroom Apartments Drives Dubai’s Rental Market

December 22, 2024

Dubai’s rental market continues to experience a surge in demand for one- and two-bedroom apartments, driven by rising rental costs…

Italy Fines OpenAI €15 Million Over ChatGPT Privacy Violations
Business

Italy Fines OpenAI €15 Million Over ChatGPT Privacy Violations

December 21, 2024

Italy’s Data Protection Authority (GPDP) announced on Friday that it has imposed a €15 million ($15.6 million) fine on OpenAI…

Gold Prices Continue to Slide in Dubai Amid Global Market Trends
Business

Gold Prices Continue to Slide in Dubai Amid Global Market Trends

December 20, 2024

Gold prices in Dubai witnessed further declines on Friday, reflecting the ongoing slump in global markets. The price for 24K…

UAEV Announces New EV Charging Tariffs, Plans Major Expansion
Business

UAEV Announces New EV Charging Tariffs, Plans Major Expansion

December 19, 2024

The government-owned electric vehicle (EV) charging network UAEV announced on Thursday that new charging tariffs will take effect in January…

UAE Set to Lead Middle East Growth Amid Favorable Economic Outlook
Business

UAE Set to Lead Middle East Growth Amid Favorable Economic Outlook

December 18, 2024

The UAE is poised to outshine its Middle Eastern peers over the next few years, buoyed by a favorable oil…

Affordable Housing Gains Ground in Dubai’s Real Estate Market
Business

Affordable Housing Gains Ground in Dubai’s Real Estate Market

December 17, 2024

Affordable properties are taking center stage in Dubai’s real estate sector, driven by growing demand from individuals looking to settle…

Bitcoin Hits Record $106K After Trump’s Strategic Reserve Proposal Sparks Investor Optimism
Business

Bitcoin Hits Record $106K After Trump’s Strategic Reserve Proposal Sparks Investor Optimism

December 16, 2024October 16, 2025

Bitcoin surged to an all-time high of $106,533 on Monday following comments from President-elect Donald Trump hinting at plans to…

UAE to Introduce 15% Domestic Minimum Top-Up Tax for Multinational Firms in 2025
Business

UAE to Introduce 15% Domestic Minimum Top-Up Tax for Multinational Firms in 2025

December 11, 2024

The United Arab Emirates will implement a 15% Domestic Minimum Top-Up Tax (DMTT) starting in 2025, targeting multinational enterprises (MNEs)…

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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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