business

Gross banks’ assets up by 1.6% to Dhs4,636.8b at end of February
  • 07 May 2025

Gross banks’ assets up by 1.6% to Dhs4,636.8b at end of February

The Central Bank of the UAE (CBUAE) announced the increase in money supply aggregate M1 by 1.8%, from Dhs 965.3 billion at the end of January 2025 to Dhs982.9 billion...

China rolls out more stimulus, agrees to trade talks with US
  • 07 May 2025

China rolls out more stimulus, agrees to trade talks with US
World stocks down as markets eye US-China talks, Fed decision
  • 07 May 2025

World stocks down as markets eye US-China talks, Fed decision
Sheikh Mohammed congratulates Emirates Group after it achieves record Dhs22.7b profit

Sheikh Mohammed congratulates Emirates Group after it achieves record Dhs22.7b profit

Emirates Group has achieved record levels in net profit, revenue, earnings before interest, taxes, depreciation, and amortisation (EBITDA), and cash balances for the financial...

12 hours ago
UAE organises BRICS meet on public-private partnerships

UAE organises BRICS meet on public-private partnerships

The UAE, represented by the Ministry of Finance, has hosted the first-ever BRICS event in the country, the BRICS Finance Track Working Group Taskforce...

07 May 2025
SCCI boosts cooperation with Estonia in tech and agriculture

SCCI boosts cooperation with Estonia in tech and agriculture

Abdallah Sultan Al Owais, Chairman of the Sharjah Chamber of Commerce and Industry (SCCI), emphasized the importance of strengthening economic cooperation and broadening strategic...

07 May 2025
GISEC is a global hub for cybersecurity innovation and collaboration: Experts

GISEC is a global hub for cybersecurity innovation and collaboration: Experts

 The first day of the GISEC Global 2025 has once again positioned Dubai at the heart of global cybersecurity discussions. Now in its 14th edition,...

07 May 2025
Transforming relocation services: Smart movers Dubai's rise to excellence

Transforming relocation services: Smart movers Dubai's rise to excellence

Gulf NetworkThe relocation industry in Dubai is both dynamic and demanding, with countless families and businesses requiring seamless transitions in one of the world's...

07 May 2025
UK and India strike free trade agreement amid US tariff blitz

UK and India strike free trade agreement amid US tariff blitz

Britain on Tuesday struck a free trade agreement with India, its biggest such deal since leaving the European Union, after negotiations relaunched in February...

06 May 2025
Adnoc successfully completes $1.5b debut international sukuk issuance

Adnoc successfully completes $1.5b debut international sukuk issuance

Adnoc Murban Sukuk Limited (the Issuer), a special purpose vehicle specifically set up to issue Sukuk certificates, has successfully issued its inaugural offering of...

06 May 2025
Airport Show takes off in Dubai with broad global participation

Airport Show takes off in Dubai with broad global participation

Sheikh Ahmed Bin Saeed Al Maktoum, President of Dubai Civil Aviation Authority, Chairman of Dubai Airports, Chairman and Chief Executive of Emirates Airline and...

06 May 2025
As Trump tariffs sink in, Canadian firms pivot from US to new markets

As Trump tariffs sink in, Canadian firms pivot from US to new markets

A manufacturer of capsules and tablets for the pharmaceuticals industry is scouting Asia for new partners. A steel component maker, with a client base...

06 May 2025
Tesla sales decline in Germany as drivers steer clear of Musk

Tesla sales decline in Germany as drivers steer clear of Musk

Tesla sales nosedived again in Germany last month even as electric vehicle sales rose strongly, data showed on Tuesday, as German drivers voted with...

06 May 2025
Berkshire investors await new era as Buffett hands over baton

Berkshire investors await new era as Buffett hands over baton

Berkshire Hathaway shareholders mourning the departure of legendary investor Warren Buffett anticipate the conglomerate he built over 60 years will retain its long-term focus...

06 May 2025
Safeer Market celebrates 40 years with major expansion plans and Dhs500,000 raffle draw

Safeer Market celebrates 40 years with major expansion plans and Dhs500,000 raffle draw

Gulf NetworkSafeer Market, the supermarket division of Al Safeer Group, marks its 40th anniversary in the UAE with ambitious growth plans and a projected...

06 May 2025
Hamdan highlights Jafza’s vital contribution to Dubai’s economy

Hamdan highlights Jafza’s vital contribution to Dubai’s economy

Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of The Executive Council...

05 May 2025
Dubai Holding intends to float Dubai residential REIT on DFM

Dubai Holding intends to float Dubai residential REIT on DFM

Staff Reporter, Gulf TodayDubai Holding, through its wholly owned subsidiary DHAM REIT Management (the “Fund Manager”), on Monday announced its intention to launch an...

05 May 2025
Agreement to develop KEZAD East Port Said Zone in Egypt

Agreement to develop KEZAD East Port Said Zone in Egypt

AD Ports Group and the General Authority for Suez Canal Economic Zone (SCZONE), the integrated investment destination for linking industry and global trade, signed...

05 May 2025
UAE and Croatia explore ways to strengthen economic relations

UAE and Croatia explore ways to strengthen economic relations

Abdulla Bin Touq Al Marri, Minister of Economy, held a bilateral meeting with Ante Šušnjar, Croatia’s Minister of Economy and Sustainable Development, to explore...

05 May 2025
Federal Reserve likely to defy Trump, keep rates unchanged

Federal Reserve likely to defy Trump, keep rates unchanged

The Federal Reserve will likely keep its key short-term interest rate unchanged on Wednesday, despite weeks of harsh criticism and demands from President Donald...

05 May 2025
Indonesia’s first quarter GDP growth slowest in over 3 years

Indonesia’s first quarter GDP growth slowest in over 3 years

Indonesia’s economy grew at its weakest pace in more than three years in the first quarter, with headwinds expected in the rest of the...

05 May 2025
SRTIP forges R&D partnerships to boost Sharjah innovative economy

SRTIP forges R&D partnerships to boost Sharjah innovative economy

Staff Reporter, Gulf TodayThe Sharjah Research, Technology and Innovation Park (SRTIP) has signed a trio of strategic memorandums of understanding (MoUs) with leading government...

04 May 2025
RTA registers 16% rise in digital revenues reaching Dhs4.4b in 2024

RTA registers 16% rise in digital revenues reaching Dhs4.4b in 2024

Dubai’s Roads and Transport Authority (RTA) has achieved a 16% growth in digital revenues for 2024, reaching Dhs4.427 billion compared to the previous year.The...

04 May 2025
MoF organises high-level briefing to highlight UAE’s strategic role

MoF organises high-level briefing to highlight UAE’s strategic role

The Ministry of Finance (MoF) has organised a high-level briefing at the Ministry of Foreign Affairs’ headquarters in Abu Dhabi to discuss the Gulf...

04 May 2025
Technology is reshaping UAE’s entrepreneurship landscape

Technology is reshaping UAE’s entrepreneurship landscape

Technology is playing a pivotal role in reshaping the entrepreneurship scene in the United Arab Emirates. Innovation-based startups are becoming a major driver of...

04 May 2025
US Fed set to pause cuts again and wait for clarity on tariffs

US Fed set to pause cuts again and wait for clarity on tariffs

The US Federal Reserve is widely expected to extend a recent pause in rate cuts this week as it waits to see how President...

04 May 2025
US solar panel tariffs could drive Southeast Asia transition boom

US solar panel tariffs could drive Southeast Asia transition boom

Massive planned US duties on solar panels made in Southeast Asia could be a chance for the region to ramp up its own long-stalled...

04 May 2025
Sharjah ramps up commitment to healthcare research

Sharjah ramps up commitment to healthcare research

The Sharjah Research, Technology and Innovation Park (SRTIP) has signed a trio of strategic memorandums of understanding (MoUs) with leading government and private sector...

04 May 2025
<b>Ali Bakhtiar Designs: Where vision becomes a masterpiece</b>

Ali Bakhtiar Designs: Where vision becomes a masterpiece

Gulf NetworkFor over 30 years, Ali Bakhtiar Designs has defined luxury on a global scale. Founded by the visionary Ali Behnam Bakhtiar, the brand...

04 May 2025
10 Entrepreneurs leading with Bold Vision in 2025

10 Entrepreneurs leading with Bold Vision in 2025

Gulf NetworkWhat does it take to turn bold ideas into thriving, future-proof businesses? In an age where industries evolve at lightning speed, it’s not...

04 May 2025

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Sheikh Mohammed congratulates Emirates Group after it achieves record Dhs22.7b profit

Sheikh Mohammed congratulates Emirates Group after it achieves record Dhs22.7b profit

Emirates Group has achieved record levels in net profit, revenue, earnings before interest, taxes, depreciation, and amortisation (EBITDA), and cash balances for the financial...

12 hours ago
UAE organises BRICS meet on public-private partnerships

UAE organises BRICS meet on public-private partnerships

The UAE, represented by the Ministry of Finance, has hosted the first-ever BRICS event in the country, the BRICS Finance Track Working Group Taskforce...

07 May 2025
SCCI boosts cooperation with Estonia in tech and agriculture

SCCI boosts cooperation with Estonia in tech and agriculture

Abdallah Sultan Al Owais, Chairman of the Sharjah Chamber of Commerce and Industry (SCCI), emphasized the importance of strengthening economic cooperation and broadening strategic...

07 May 2025
GISEC is a global hub for cybersecurity innovation and collaboration: Experts

GISEC is a global hub for cybersecurity innovation and collaboration: Experts

 The first day of the GISEC Global 2025 has once again positioned Dubai at the heart of global cybersecurity discussions. Now in its 14th edition,...

07 May 2025
World
UK and India strike free trade agreement amid US tariff blitz

UK and India strike free trade agreement amid US tariff blitz

Britain on Tuesday struck a free trade agreement with India, its biggest such deal since leaving the European Union, after negotiations relaunched in February...

06 May 2025
As Trump tariffs sink in, Canadian firms pivot from US to new markets

As Trump tariffs sink in, Canadian firms pivot from US to new markets

A manufacturer of capsules and tablets for the pharmaceuticals industry is scouting Asia for new partners. A steel component maker, with a client base...

06 May 2025
Tesla sales decline in Germany as drivers steer clear of Musk

Tesla sales decline in Germany as drivers steer clear of Musk

Tesla sales nosedived again in Germany last month even as electric vehicle sales rose strongly, data showed on Tuesday, as German drivers voted with...

06 May 2025
Berkshire investors await new era as Buffett hands over baton

Berkshire investors await new era as Buffett hands over baton

Berkshire Hathaway shareholders mourning the departure of legendary investor Warren Buffett anticipate the conglomerate he built over 60 years will retain its long-term focus...

06 May 2025