Tuesday, June 3, 2025

Finance

It took 50 Years for climate change to top the Davos agenda

Calls for action didn’t come primarily from young activists like Greta Thunberg It took five decades for global elites to put climate change at the center of the World Economic Forum, the annual gathering in Davos, Switzerland, that’s meant to...

IMF: World economy to improve in 2020, but India responsible for ‘downward revisions’

Global growth will accelerate to 3.3% from 2.9%, marking the first pickup in 3 years The International Monetary Fund predicted the world economy will strengthen in 2020, albeit at a slightly slower...

No developer can impose rules on holiday homes in Dubai

New directives issued by DTCM to offer more clarity in running these businesses ALSO IN THIS PACKAGE List of public holidays in the UAE for 2020Coming up next:...

Trump to meet Iraqi President Saleh at Davos

Meeting first since tensions erupted over US killing of Iranian general, Iraqi commander Washington: US President Donald Trump will meet his Iraqi counterpart and the head of the European Union executive body...

France, US agree to extend digital tax row talks

Macron and Trump have 'great discussion' over phone on issue Paris: Emmanuel Macron and Donald Trump have agreed to extend negotiations on a dispute over a French tax on digital giants to...

UAE wants its family businesses to go public

Draft law expected to ease owners’ concerns of how much stake they should sell ALSO IN THIS PACKAGE Mohammed bin Rashid Solar Park phase 3 operational in AprilThe...

Growth of regional logistics to intensify in 2020, say experts

Logistics industry will also continue to witness a rapid advancement in technology ALSO IN THIS PACKAGE US becomes latest country to announce participation in Dubai Expo 2020Latest Pictures:...

UAE family office IPOs will help drive reform, analysts say

Listing UAE family businesses will bring in much-needed reform in markets, economy ALSO IN THIS PACKAGE UAE wants its family businesses to go publicSaudi healthcare firm said to...

Crunch time for Union Properties

Dubai developer to hold Board of Directors' meeting today ahead of key decisions Dubai: Union Properties will hold a Board of Directors’ meeting later today, with any decision taken having an outsized...

In Dubai, developers turn mortgage providers

Banks’ reluctance is creating an opportunity for developers to sell and lend Dubai: Banks in the UAE are just not offering enough mortgages to support home ownership – and even when they...

Latest News

UAE-Pakistan travel: PIA relaunches direct flights from Dubai to Skardu

Pakistan International Airlines (PIA) announced on May 30 the re-launch of its direct service between Dubai International (DXB) airport...

Schengen visa scam in UAE: Fake travel agents charging Dh4,000, experts warn

With the summer travel season in full swing, UAE residents are being warned about fraudulent travel agents charging thousands of dirhams per person for...

Dubai: No private parking? Residents may need to pay Dh500 for a spot this summer

With the Eid Al Adha break starting next Thursday, many UAE residents preparing for summer travel are facing an unexpected hurdle - soaring private...

UAE introduces new service to verify academic degrees of private sector employees

A new digital project launched in the UAE will help verify the academic qualifications of private sector workers, authorities announced on Monday. The service...

UAE: Minimum bank balance requirement of Dh5,000 suspended

The Central Bank of the UAE on Tuesday asked banks not to increase the minimum balance requirement from Dh3,000 to Dh5,000 for retail customers. The...