Tag: Dubai

Dubai: Gold prices drop in early trade

Gold prices fell in Dubai at the opening of the markets on Tuesday after yesterday’s roller-coaster ride. The Dubai Jewellery Group data showed a 24K...

Salik collaborates with Parkonic, the largest private parking operator in the UAE, and expands geographically for the first time beyond the Emirate of Dubai

Salik Company PJSC (“Salik” or the “Company”), Dubai’s exclusive toll gate operator, announces it has partnered with Parkonic, the UAE’s largest private sector parking...

Dubai regulator imposes $2.5mn in fines in financial services crackdown

The DFSA finalised eight enforcement actions and issued 24 alerts in 2024 Dubai’s financial regulator has imposed fines totalling more than $2.5 million this year...

Bargains or bait? UAE Black Friday shoppers warned of digital dangers

According to recent reports, URL detections in the UAE have risen by 36.5 per cent, increasing from an average of 17.05 per cent in...

Dubai: Traditional banking ‘no longer valid’ as customers now want seamless transactions, says expert

It is not the era of competition but cooperation among banks, fintech and other industry players, a senior industry executive said on Wednesday. Speaking at...

Dubai GDP grows 3.3% in second quarter

Dubai’s gross domestic product (GDP) for the second quarter of 2024 grew 3.3 per cent year-on-year to reach Dh116 billion, data showed on Sunday. The...

Dubai: Emirates announces record-breaking half-year profit of Dh10.4 billion

The Emirates Group on Thursday reported its best-ever half-year financial performance, posting a profit before tax of Dh10.4 billion for the first six months...

Dubai population set to reach 4 million by 2026, report says

Dubai’s population is projected to hit 4 million by 2026 on a strong inflow of expatriate professionals flocking to the emirate for better job...

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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...

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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...