Economy
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Dubai property: Prices to soar in 2025, flooding to have ‘minimal impact’ on market
Dubai’s real estate market continues to outperform global hotspots like New York, London and Hong Kong, with no signs of a slowdown…
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Shipping giant Maersk’s net profit sinks amid Red Sea attacks
Danish shipping giant Maersk posted a huge drop in net profit for the first quarter on Thursday as attacks by Yemen’s…
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India widens spices crackdown with nationwide checks on all manufacturers
India’s food safety regulator said on Thursday it had ordered nationwide testing and inspections at all companies making spice mixes,…
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Dubai’s stock exchange eyes $17 trillion private credit market
Dubai’s stock exchange is dipping its toes into the $1.7 trillion private credit market with a new platform it says…
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UAE weather: Dubai Airports, Emirates and flydubai issue travel advisory
Dubai airports and airlines have advised passengers to plan ahead and allow for extra time for travel since upcoming rain…
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Vision 2030: What are Saudi Arabia’s overarching goals?
In 2016, Saudi Arabia’s Crown Prince Mohammed bin Salman launched the Kingdom’s Vision 2030 reform plan. Under the directive of…
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UAE firm to resume production from Iraq’s Khor Mor complex after drone attack
A UAE firm said Wednesday it was taking steps to resume production from an Iraq gas complex which was halted…
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US Justice Department takes step to make marijuana use a less serious crime
The US Justice Department on Tuesday moved to make marijuana use a less serious federal crime, taking a step to…
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The Ozempic effect: How a weight loss wonder drug outsized an entire economy
There is no escaping Ozempic and Wegovy. The diabetes and obesity drugs are a global phenomenon. They’ve won over the rich and…
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Saudi Arabia’s Q1 GDP shrinks by estimated 1.8 pct
Saudi Arabia’s real gross domestic product (GDP) decreased 1.8 percent year-on-year in the first quarter, flash estimates by the government’s…
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