Wednesday, March 11, 2026

economy

7 UAE banks make it to Forbes’ ‘most valuable’ list for Middle East

Saudi Arabia makes up a third of the list with 10 entries, with an aggregate market value of $279.5 billion. Qatar placed third with six entries worth $73.6 billion. As of February 23, 2024, the 30 banks had a combined...

GCC government spending to remain key driver of economy

GCC government spending is expected to continue playing an important role in the near-to-medium term as countries look to achieve their ambitious development, diversification and net-zero targets, a report said. Infrastructure investment: A thematic overview by Emirates NBD Research says...

Singapore downgraded 2020 GDP outlook again as virus attacks economy

Singapore has dropped its GDP forecast to a contraction range of -7 per cent to -4 per cent. Singapore cuts its 2020 gross domestic product forecast again for the third time on Tuesday. The trade ministry said, as the bellwether...

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...