Friday, March 13, 2026

Finance

Dubai port operator DP World suspends staff travel to China

Facebook, LG Electronics and Stan Chart among firms restricting travel for staff to China DUBAI: DP World, one of the world’s largest port operators, has suspended all staff travel to China until further notice due to the coronavirus outbreak there. Companies...

US could approve Boeing 737 MAX before mid-year: source

The plane has been grounded since March following two deadly crashes NEW YORK: US air safety regulators could clear the Boeing 737 MAX to return to service before mid-year, a person close to the process said Friday. Boeing shares rallied following...

Mohammed bin Rashid Solar Park phase 3 operational in April

It has a capacity of 300MW of energy using photovoltaic technology across the solar farms 1 of 8 The 800MW third phase of the Mohammed bin Rashid Al Maktoum Solar Park will be operational in April, the Dubai Electricity and Water...

In Hong Kong, eating out becomes politicised

An app informs users whether an outlet is rated yellow or blue, based on affiliations Hong Kong (Bloomberg): In deciding where to dine out in Hong Kong these days, many local residents are turning to a Yelp-like mobile app: Not...

Lebanon’s pound gets a respite for now

It is vital for new government’s chances to ensure level stays around 2,000 to dollar Beirut: The sharp slide of the Lebanese pound seems to have been arrested for now after a grouping of currency exchange houses set it at...

Delta fined $50,000 for discriminating against Muslim passengers

Department of Transportation said it found Delta "engaged in discriminatory conduct" Washington: Delta Air Lines was Friday fined $50,000 (Dh183,650) by the US Department of Transportation to settle allegations it discriminated against three Muslim passengers who were ordered off their planes. In...

After Months of Calm, Volatility Finally Resurfaces in Stocks

The S&P 500 fell almost 1 percent, its biggest drop in nearly four months On a day rife with reasons for optimism, stock investors absorbed their sharpest blow since October as creeping nervousness around a virus outbreak finally provoked some...

Accounting for each dime does pay off

Airline passengers have been big winners of US disclosure regulations, study finds New York: Have you ever shopped online for something (say, a hotel room) and selected an option with an excellent price only to learn, at the time of...

Fed seen holding rates steady and halting bill purchases by June

Forecast predicted no move in the federal funds rate until at least 2022 Federal Reserve policy makers will keep interest rates on hold this year and next, and will wind up their efforts to boost excess bank reserves by June,...

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...

Latest News

Air India allows passengers to rebook to India from any airport in UAE without any extra charge.

Stranded passengers in the UAE can now rebook their cancelled Air India Express flights from any airport in the...

Big News from UAE: New Glass-Domed Mosque Opens in Sharjah

As the sun sets over Al Dhaid, the inside of newly opened Al Nasr Mosque begins to glow. Golden light pours through a giant...

Dubai Gold Prices Fall Below Dh600/Gram, Drop Dh11 in 24 Hours

Gold prices dropped below Dh600 per gram in Dubai on Friday morning as the yellow metal slipped below $5,000, reaching close to a one-week...

Gold Prices Stable in Dubai Morning Trade – 24K Around Dh610

Gold Prices: At 9am UAE time, the 24K gold price was trading at Dh610.75 per gram, slightly up from last night’s close. Among the...

Dubai Metro New Fines Alert: Dh100 to Dh2,000 Penalties Announced

Dubai: If you’ve ever rushed onto the Dubai Metro only to realise you’re in the wrong cabin, you’re not alone. While it’s a common...