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...

India central bank steps up intervention to lift rupee, say traders

The Indian central bank intervened heavily on Wednesday to prop up the rupee, traders said, helping the currency rally past the 90 level. The rupee...

UAE growth forecast raised to 5% for 2026 as trade set to hit $1tn

Standard Chartered raises UAE 2026 growth forecast to 5%, citing resilient non-oil activity, strong trade links, buoyant domestic economy The UAE is set to outperform the global...

Dubai: Gold prices set record high for second day; 22K just shy of Dh500 per gram

Analysts believe that if geopolitical volatilities continue, the precious metal will continue to maintain its upward trend as 22K is set to surpass Dh500...

Saudi Arabia opens January ‘Sah’ sukuk sale with 4.73% return 

RIYADH: Saudi Arabia has opened subscriptions for its January issuance of the government-backed “Sah” savings sukuk, offering an annual return of 4.73 percent, up from...

Q3 sees 370,000 private inspections 

RIYADH: The Saudi Ministry of Human Resources and Social Development conducted more than 370,000 inspections of private sector establishments in the third quarter of...

UAE: Rising gold prices, high rents trigger mergers in jewellery market

The profit margin per gram remains the same despite gold hitting record high prices, say jewellery business owners The UAE gold jewellery industry is undergoing...

Why 2026 may be the year investors need to revisit the bond side of their portfolio

While record-breaking stock markets dominated the headlines in 2025, a massive surge in some bond sectors has created what experts call a “generational opportunity”...

Dubai-based company AlHind set to begin airline operations soon

The AlHind group, which has had a long-standing presence in the UAE, is now bankrolling a new domestic airline in India. The carrier has...

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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...