Friday, November 6, 2026

Finance

COVID-19 impact: NRIs get tax residency status relief

Period of forced stay in India due to lockdown will not be counted for tax residency Dubai: The Government of India has announced a much needed relief to non-resident Indians (NRIs) allowing them to keep out the period of their...

COVID-19 impact: Expats in UAE sell high-value gold to buy airline tickets

With gold at Dh193.25, rush to sell intensifies after India launches repatriation flights Dubai: For many expats in the UAE, gold is now serving a purpose more than just as an ornament. In these COVID-19 infected times, gold for these...

7 reasons to still believe in emerging markets in 2020

The long-term investment case for emerging markets is still compelling The combined equity value of 26 nations listed by MSCI Inc. as developing markets increased by $9.2 trillion since the end of 2009 through December 2019, according to data compiled...

COVID-19 risks: Gratuity payments of laid-off workers become an issue for many businesses in UAE

Companies don't have enough cash reserves to suddenly meet all payment commitments Dubai: Getting their full end-of-service benefits is turning out to be the most difficult task that many recently laid-off workers in the UAE are dealing with. With companies...

Working from home? Here’s how to keep yourself safe from cyberattacks

UAE has given equal importance to ensure continuous education as students, teacher adopt remote learning Our world has changed over the last couple of months and in an effort to keep the wheels turning, companies across the UAE and wider...

Apple aims to let you unlock iPhone while wearing a mask

Face ID will recognise when someone is wearing a mask. Apple has reportedly introduced a new Face ID feature to unlock the iPhone without having to take off the face mask, in the latest beta release of iOS 13.5. According to...

85% of global airlines to go bankrupt by year-end: Council

Emirates and Etihad Airways believe it could take 3 years for air travel demand to return to normal levels. The aviation industry, which supports 65.5 million jobs around the world, including 10.5 million people employed at airports and by airlines,...

Beware of fake WhatsApp prizes, job offers in UAE amid Covid-19: Police

If a UAE resident clicks on the fake message and follows instructions, fraudsters will be able to hack accounts. Beware of fake social media messages, promising prizes, jobs and shopping discounts amid the Covid-19 pandemic, the Abu Dhabi Police warned...

UAE petrol prices revealed for May 2020

After a huge drop in April, prices will remain the same in May. Petrol prices experienced a huge drop last month, after three months of consistent pricing and then a drop in March. The UAE petrol prices for May have...

Latest gold, forex rates in UAE

Gold rates for Thursday, August 29, 2019 Daily Morning 9:00 AM Afternoon 3:00 PM Evening 6:30 PM 24k* 186.00 22k* 174.75 21k* 166.75 18k* 142.75   Get retail Gold and Forex rates with Emirates 24|7 Emirates 24|7 brings you the daily Dubai gold rate (22k, 24k, 21k and 18k), as well as currency exchange rates, including the Indian...

Latest News

Moroccan King Sets Priorities for Southern Regions After UN Mission Ends

King Mohammed VI chaired a meeting in Rabat to reinforce Morocco’s territorial integrity and the well‑being of residents in the south. He directed ministries to act on security, development and international commitments after the UN mission concluded.

Bahrain’s King welcomes Iraqi Prime Minister, praises growing ties

King Hamad of Bahrain welcomed Iraqi Prime Minister Ali Fadh Al‑Zaydi, noting significant progress in bilateral relations. Both leaders pledged continued collaboration on security and regional stability.

DIP Holding Sets IPO Price at Dhs1.12 per Share, Valuing Firm at Dhs9.7bn

DIP Holding announced a final IPO price of Dhs1.12 per share, representing a Dhs9.7bn valuation. The offering, representing 20% of its capital, is expected to generate Dhs1.9bn in proceeds.

Oil prices dip to low $90s as Trump dismisses near‑term Iran strike

Crude prices slipped on Thursday, with Brent at $93.63 and U.S. WTI at $87.13. The move follows President Trump’s comment that the United States has no immediate plans to attack Iran.

Dubai police assist pet‑owner after collision on Sheikh Mohammed bin Zayed Road

A rear‑end collision on Sheikh Mohammed bin Zayed Road left a Pakistani expat’s dogs distressed. Dubai police intervened, arranged a pet ambulance and ensured the animals received care.