Business

The World Bank has published its latest economic update, titled “Altered Destinies: The Long-Term…

Brent Crude oil price surged by over $5 a barrel, or 7%, to above $85 at the beginning of trading as several of the world’s largest oil exporters including Saudi Arabia, Iraq, and several Gulf states announced their decision to cut output by more than one million barrels a day on Sunday.

UAE hypermarket operators and food commodity retailers are taking measures to keep prices steady…

Saudi Arabia’s state-owned oil giant, Aramco, has announced a record profit of $161.1 billion…

Dubai: The Abu Dhabi based G42 Group is launching an IPO for a second…

Billionaire technology dealmaker Bao Fan is cooperating with Chinese authorities conducting an investigation, his bank says.

Strong dollar/dirham is helping with food import costs, and shipping too has dropped

Focus on well-being highlights the growing trend in the country, particularly after the Covid-19 outbreak

Dubai’s hospitality industry staged a strong rebound in 2022 as average occupancy rates climbed to 73 per cent due to tourist influx after the revival of travel and opening of international borders, latest data shows.