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News
Dubai steps up push to attract high-tech manufacturers with new industrial partnership
1+ hour, 24+ min ago (356+ words) Dubai is stepping up efforts to position itself as a regional hub for high-tech and advanced manufacturing, with DMCC signing a new partnership aimed at attracting industrial investment from China and expanding production capabilities in sectors such as energy, green…...
Wall St Week Ahead: US stocks face tests from Fed decision, tech-led earnings deluge
19+ hour, 21+ min ago (374+ words) A wobbly US stock market will take its cues in this week from a Federal Reserve meeting set to shed light on the path for interest rates, and from a packed slate of corporate earnings led by technology companies and…...
DP World’s Fujairah expansion seen boosting UAE trade resilience: Moody’s
21+ hour, 8+ min ago (356+ words) Sun, Jul 26, 2026 | Safar 11, 1448 | Fajr 04:17 DP World’s planned expansion on the UAE’s east coast is expected to strengthen the country’s trade infrastructure and improve the resilience of the logistics giant’s operations, according to a new assessment by Moody’s. The ratings agency…...
Philippine peso hits all-time low vs US dollar amid Middle East war, oil price hike
2+ day, 3+ min ago (404+ words) Sat, Jul 25, 2026 | Safar 10, 1448 | Fajr 04:16 Renewed hostilities in the Middle East have driven the Philippine peso to a new record low of P61.847 per US dollar at the close of trading this week, making it the worst-performing currency in the Southeast Asian…...
UK inflation slows in temporary boost for new PM Burnham
4+ day, 17+ hour ago (509+ words) British inflation cooled by more than expected last month as a brief de-escalation in the Iran war reduced fuel prices, but the slowdown is likely to offer only temporary relief to new Prime Minister Andy Burnham as he seeks to…...
Samsung launches first Galaxy credit card in US market
4+ day, 22+ hour ago (443+ words) Samsung takes on Apple with its first Galaxy credit card as the South Korean technology major launched its debut consumer credit product in the United States, expanding its market competition with its primary smartphone rival into financial services, according to…...
IMF says oil prices, weak monsoon pose biggest risks to India's FY27 GDP growth
5+ day, 22+ hour ago (483+ words) Tue, Jul 21, 2026 | Safar 6, 1448 | Fajr 04:14 India's GDP growth in 2026/27 faces key downside risks from a widening war in the Middle East that is driving up oil prices and a monsoon weakened by the El Nino weather effect, an International Monetary Fund…...
UAE's Adnoc to invest Dh22.6 billion in Umm Shaif Gas Cap project
6+ day, 2+ hour ago (365+ words) Tue, Jul 21, 2026 | Safar 6, 1448 | Fajr 04:14 Adnoc said it is investing $6.2 billion (Dh22.6 billion) in the Umm Shaif Gas Cap project, which will enable 600 million standard cubic feet per day of natural gas, equivalent to about 10 per cent of the UAE’s daily domestic…...
Alaan and The Taxation Society join hands to support finance professionals across the UAE
1+ week, 4+ day ago (163+ words) Wed, Jul 15, 2026 | Muharram 30, 1448 | Fajr 04:10 The Taxation Society has welcomed Alaan as its Co-Powered Partner under a newly signed one-year agreement, adding one of the region's fastest-growing finance platforms to its network of industry collaborators. The partnership was formally signed during…...
Wall St Week Ahead: Investors to grapple with packed week of earnings, CPI, Iran headlines
2+ week, 17+ hour ago (644+ words) Sun, Jul 12, 2026 | Muharram 27, 1448 | Fajr 04:08 An eventful coming week of economic data, corporate earnings reports and Middle East developments will test a resilient U.S. stock market that has indexes around record highs despite turbulence beneath the surface. Major banks this week kick…...