Business

UAE, Korea explore expanding strategic cooperation in energy, nuclear power, emerging technologies

Eng. Sharif Al Olama, Undersecretary for Energy and Petroleum Affairs at the Ministry of Energy and Infrastructure (MoEI), received Kim Jung-kwan, Minister of Trade,...

Tech, crypto firms to help tackle illegal wildlife trade

group of leading international technology, ​crypto and other ​businesses on Monday announced plans to ​help stamp out the illegal trade in wildlife. Announcement made as...

When AI access disappears overnight: The 12 sovereign models India is betting on

The idea of "sovereign AI" has often been dismissed as techno-nationalist rhetoric, an idea which is considered expensive, duplicative and largely unnecessary in a...

Oil jumps nearly 8% to above $102 ahead of US blockade on Iran

LONDON: Oil prices ​jumped back above $102 a barrel on Monday as the US Navy prepared to block ships to and from Iran via...

Dubai’s Al Habtoor Group launches Dh5 billion commercial tower

Al Habtoor Group on Thursday announced a new commercial tower within Al Habtoor City on Sheikh Zayed Road with an estimated value of Dh5...

Gold prices jump over Dh12 per gram in Dubai after US-Israel-Iran ceasefire

Gold prices jumped to a three-week high on Wednesday morning after the US-Israel-Iran ceasfire; markets are now likely to focus on ensuring that the...

Dubai’s ultra-prime rental market sets new benchmark with Dh20 million Marsa Al Arab Villa lease

Trophy homes with privacy, scale and service integration continue to attract global wealth despite a more measured marketDubai’s real estate market continues to demonstrate...

Adnoc Drilling shareholders approve $1 billion dividend

The approvals cap a record year in which Adnoc Drilling posted $4.9 billion in revenue up 22 per cent from 2024—and net profit of...

Gold faces steepest slide in years as strong dollar, war risks, rate outlook cap rally

Prices remain about 14 per cent below levels seen when the US-Israeli conflict with Iran escalated on February 28, underscoring a surprising shift in...

50 new hotels planned in Saudi Arabia by 2029 under $1bn project

Business partnership launches AYARA hospitality platform at Future Investment Initiative’s annual conference in Miami Platform expects to deliver 5,000-7,000 rooms over the next 3 years...

Emaar Properties announces 100% dividend payout of Dh8.8 billion 

Dubai deveoper's net profit before tax reached Dh25.7 billion, marking a growth of 36 per cent compared to the previous year, as revenue backlog...

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UAE, Korea explore expanding strategic cooperation in energy, nuclear power, emerging technologies

Eng. Sharif Al Olama, Undersecretary for Energy and Petroleum...

Tech, crypto firms to help tackle illegal wildlife trade

group of leading international technology, ​crypto and other ​businesses...

When AI access disappears overnight: The 12 sovereign models India is betting on

The idea of "sovereign AI" has often been dismissed...

SEBI board to consider reintroducing open-market window for buybacks tomorrow

A key proposal before the board is to reintroduce...

BMW cuts 2026 profit margin outlook over China slowdown, Middle East costs

German luxury carmaker BMW Group revised down its 2026...