Saturday, February 28, 2026

UAE

Post COVID-19: Finance will secure Dubai’s future

Fiscal easing measures will be a relief for businesses struck by COVID-19 affliction The world as we knew it has been turned drastically. Undeniably, the COVID-19 health crisis has been the biggest challenge in generations, and its far-reaching effects have...

Virus-hit emerging markets: Time to dump assets or buy?

EMs reel in triple shock - coronavirus crisis, tanking oil prices, stock market plunge Dubai: While analysts largely warn that damage from social distancing will last for longer in most virus-ravaged emerging markets, some see this as an opportune time...

Samsung to take on Apple in smart debit cards

New card will be backed by a cash management account based on smartphones San Francisco: After witnessing the success of Apple credit card, Samsung is now working on its own physical and virtual smart debit cards that will allow customers...

Saudi, US firms eye stakes in Reliance’s Jio

US private equity firm General Atlantic is considering investing about $850m to $950m Reuters: Two more firms are eyeing a share of Reliance Industries Ltd’s $65-billion digital unit Jio Platforms, according to Bloomberg News, setting them up to be a...

UAE banks have to deal with a ‘Phoenix’ sized problem with exposures of $350m-$400m

Dubai based Phoenix Global going into liquidation will cost banks quite a bit Dubai: Banks in the UAE have exposures between $350 million to $400 million to Phoenix Group, one of the world’s biggest rice trading firms before it went...

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...

Listen: First UAE-India repatriation flight captain’s patriotic inflight announcement goes viral

Praise pours in for crew members of Thursday’s first UAE-India repatriation flights Dubai: Praise continues to pour in for the crew members of the historic first Indian repatriation flights on Thursday from the UAE. The inflight announcement of the captain of...

COVID-19: Mild, asymptomatic patients can stay home

Only those in moderate, severe and critical stages need to be hospitalised Dubai: Should residents who test positive for COVID-19 but are asymptomatic (showing no symptoms) or displaying mild symptoms self-isolate at home? The Dubai Health Authority (DHA) in sync with...

At home: 4 recipes you can make with Parmigiano-Reggiano cheese

If you love cheese, these recipe will also feed your soul as well as your stomach Dubai: One of my biggest realisations of adulthood, was understanding my deep love for cheese. Especially the sharp, flavourful parmesan cheese. This hard Italian...

COVID-19 impact: UAE’s restaurant businesses start shutting down

Many of these businesses say closing down is only way to save their money Dubai: Restaurant businesses in the UAE are starting to put up ‘For Sale’ signs, with their owners realizing there is no escape from the destruction set...

Latest News

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...

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...

Indian woman missing in Dubai, last location Ajman Police HQ, son seeks help

Disturbing news has emerged from Dubai, where an Indian woman has been missing for the past few days. Her son, Shaivi Bhandkar, has appealed...