In a 5-year peak, retail gold rates 50 fils from touching Dh172/gram for 22k VAT excluded
Dubai: On Wednesday evening, suggested retail rates for selling gold touched a five-year high of Dh171.50 for a gram of 22K gold (which is...
Mubasher: The UAE has cut its crude oil production to 2.533 million barrels per day (bpd) by the end of September 2020, compared to 3.094 million bpd in 2019, according to OPEC's monthly oil market report.
On a monthly basis,...
Analysts opine cost of gold and silver can rise further in the weeks to come
Dubai: Gold prices this week are headed higher, which marks an end to comparatively lower price levels seen last month, and multiple analysts opine that...
The PCR test is not required for connecting passengers.
Air travel bubbles and agreements have initiated a 'new normalcy' and airlines are taking great efforts to ensure passenger safety. Major UAE- based airlines, such as Emirates, Etihad, flydubai, and Air...
Global growth forecast has been slightly revised upwards.
The International Monetary Fund (IMF) on Tuesday further revised down the UAE's economic growth forecast, projecting a 6.6 per cent contraction for this year and a recovery of 1.3 per cent for...
The drone’s identity and cause of its crash in the area are being investigated’
Armenia and Azerbaijan have for decades been locked in a dispute over Nagorno-Karabakh
TEHRAN: Iran said an unidentified drone crashed near its border with Azerbaijan on Tuesday,...
Envoys for the 27 member states agree on a common approach to travel restrictions and testing
The guidelines are not legally binding as border controls and health matters remain the responsibility of national governments
BRUSSELS: European Union countries on Tuesday approved...
Flights were dues to start in October, but were slated because of COVID-19 numbers rising
The air link announced after the two states signed the deal at the White House last month aims to open up tourism and new business...
US producers begin restoring output after Hurricane Delta; Norwegian strike affecting production ends
LONDON: Oil prices fell on Monday as force majeure at Libya’s largest oilfield was lifted, a Norwegian strike affecting production ended and US producers began restoring output...
Merger of NCB and Samba creates ‘national champion and regional powerhouse’
DUBAI: Two of Saudi Arabia’s biggest banks signed a deal on Sunday for a merger to create a “national champion” for the Kingdom and a “regional powerhouse” for the...
Saudi Arabia has expanded its 100% Saudization policy to 69 professions. This move is expected to have significant implications for the job market in the region.
Saudi Arabia, the UAE, Kuwait, Qatar, and Bahrain have reported attacks after the Iran-US truce. The attacks have raised concerns about the stability of the region.
