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Business

Trump’s “Historic” Anniversary Gift: Lower Interest Rates

Donald Trump is marking the one-year anniversary of his...

Technical Challenges Mount for Venezuela Supplying Oil to US Indefinitely

Venezuela's unique heavy crude characteristics create specialized technical challenges...

Corporate Silence Follows Trump’s Venezuela Oil Investment Declaration

American oil companies are maintaining conspicuous silence following President...

Energy Sector Battles Worst Three-Year Period on Record

The global crude industry has recorded its most dramatic...

Sheikh Mansoor bin Mohammed Reviews Dubai Customs’ Strategic Growth Initiatives

Sheikh Mansoor bin Mohammed bin Rashid Al Maktoum, Chairman of the Dubai Ports and Borders Security Council, visited the headquarters of Dubai Customs to assess the organization’s latest strategic...

DP World Breaks Automotive Record in UAE, Handling 1.3 Million Vehicles in 2024

DP World has set a new benchmark in the automotive logistics industry, handling an unprecedented 1.3 million vehicles across its Dubai terminals in 2024. This milestone represents a staggering...

Expanding Urban Luxury: Phase 2 of Wellness-Focused Community Unveiled in Dubai

Building on the overwhelming success of its initial phase, a premier real estate developer has unveiled Phase 2 of Park Five, an exclusive wellness-focused residential community in Dubai Production...

UAE and Ukraine Explore Strategic Investment Opportunities Under CEPA

A high-level business roundtable recently brought together key government officials, leading businesses, and investment groups from two nations to discuss investment opportunities under their newly signed Comprehensive Economic Partnership...

Dubai Introduces Six-Month Multiple-Entry Visa for Yacht Crew

Dubai has unveiled a new initiative aimed at enhancing maritime travel, offering a six-month multiple-entry visa for yacht crew members. The announcement was made during a prestigious international boat...

UAE’s Dh500 Banknote Wins Prestigious Award for Sustainability and Innovation

In a remarkable achievement for financial sustainability and innovation, the UAE’s newly issued Dh500 banknote has been recognized as the ‘Best New Banknote Issue’ for 2025 in the Europe,...

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Goldman Sachs to cut about 3,200 jobs after cost review

According to reports from undisclosed sources, Goldman Sachs Group is set to commence a significant round of layoffs across the company this week in...

Global aviation organisation ICAO rejects Spicejet’s audit story

New Delhi: Following SpiceJet's recent claim regarding the strength of its safety processes after an audit by the International Civil Aviation Organisation (ICAO), the...

After mass layoffs, CEO Sundar Pichai to take salary cut

During a recent town hall meeting, Alphabet CEO Sundar Pichai revealed plans for a significant reduction in annual bonuses for all positions above the...

US announces fusion tech clean energy breakthrough for warming world

New York: The United States has unveiled a groundbreaking achievement in clean energy technology, heralding a potential transformation in global power generation. The breakthrough...

Dubai Introduces Six-Month Multiple-Entry Visa for Yacht Crew

Dubai has unveiled a new initiative aimed at enhancing maritime travel, offering a six-month multiple-entry visa for yacht crew members. The announcement was made...