Business
Legal Challenges for Property Buyers Seeking to Invoke Force Majeure in Dubai
Legal Challenges for Property Buyers Seeking to Invoke Force Majeure in Dubai
Steady Remittances from the UAE in Q1 2026 Amid Currency Fluctuations
Steady Remittances from the UAE in Q1 2026 Amid Currency Fluctuations
Remittances from the UAE have remained largely steady in the first quarter of 2026, with a slight increase to some countries due to favourable exchange rates, according to leading UAE currency exchange companies.
BIS Calls for Global Cooperation on Stablecoin Regulation
BIS Calls for Global Cooperation on Stablecoin Regulation
UAE Airlines Expand Global Connectivity Amid Ceasefire
UAE Airlines Expand Global Connectivity Amid Ceasefire
Amazon Acquires Globalstar to Enhance Satellite Internet Network
Amazon Acquires Globalstar to Enhance Satellite Internet Network
Amazon announced on Tuesday that it has reached an agreement to purchase the US telecommunications satellite company Globalstar, aiming to expand its space-based internet infrastructure and compete with Elon Musk's Starlink.
The Challenge of Transitioning from Fossil Fuels: Insights Post-COP28
The Challenge of Transitioning from Fossil Fuels: Insights Post-COP28
RAKBank Achieves Record Quarterly Profit in Q1 2026
RAKBank Achieves Record Quarterly Profit in Q1 2026
RAKBank announced on Monday its strongest quarterly performance ever in the first three months of 2026, reporting a profit after tax of Dh1 billion, a 43 percent increase year-on-year, driven by growth in its balance sheet, expanding margins, and a one-time gain from an asset sale.
Surge in Demand for Hybrid and Electric Vehicles in the UAE Amid Rising Fuel Prices
Surge in Demand for Hybrid and Electric Vehicles in the UAE Amid Rising Fuel Prices
The Best Savings Options in the UAE: A Guide for Expatriates
The Best Savings Options in the UAE: A Guide for Expatriates
India's Manufacturing Sector Sees Slowest Growth in Nearly Four Years Amid Global Uncertainty
India's Manufacturing Sector Sees Slowest Growth in Nearly Four Years Amid Global Uncertainty
India's manufacturing sector experienced its slowest growth in almost four years in March, as the ongoing conflict in the Middle East created uncertainty, disrupted supply chains, and negatively impacted demand. Additionally, rising oil prices increased input costs, according to a private survey.
Strong Investor Interest Anticipated for SpaceX's Potential IPO in the UAE and GCC
Strong Investor Interest Anticipated for SpaceX's Potential IPO in the UAE and GCC
The anticipated IPO of Elon Musk's SpaceX is expected to garner significant interest from investors in the UAE and GCC, including sovereign wealth funds (SWFs), family-owned enterprises, and high-net-worth individuals, according to analysts.
Gold Prices Steady in Dubai Amid Market Fluctuations
Gold Prices Steady in Dubai Amid Market Fluctuations
Bitcoin's Future: Speculations of a Collapse Below $10,000 vs. Current Market Dynamics
Bitcoin's Future: Speculations of a Collapse Below $10,000 vs. Current Market Dynamics
Amidst ongoing discussions, concerns about Bitcoin potentially dropping below $10,000 have resurfaced, despite the cryptocurrency maintaining a trading price well above $71,000.
Willie Walsh's Appointment as IndiGo CEO Marks a New Era for India's Leading Airline
Willie Walsh's Appointment as IndiGo CEO Marks a New Era for India's Leading Airline
The recent appointment of aviation veteran Willie Walsh as CEO of IndiGo is expected to enhance the Indian airline's global expansion efforts. However, the former British Airways chief must first address the company’s tarnished reputation.
Impact of Iran Conflict on Aviation Industry: A Global Perspective
Impact of Iran Conflict on Aviation Industry: A Global Perspective
The intensifying conflict involving Iran is presenting the aviation industry with its most significant geopolitical challenge since the Covid-19 pandemic. This situation has led to a loss of over $50 billion in airline market value, disrupted tens of thousands of flights globally, and sharply increased fuel and insurance costs across international routes.
du Offers Free 15GB Data and Unlimited Calls for Stranded UAE Residents
du Offers Free 15GB Data and Unlimited Calls for Stranded UAE Residents
[Editor's Note: Stay informed with Khaleej Times live blog on the latest regional developments amid Israeli and US strikes on Iran.
Increase in Oil and Natural Gas Rigs in the U.S. Amid Market Fluctuations
Increase in Oil and Natural Gas Rigs in the U.S. Amid Market Fluctuations
This week, U.S. energy companies increased the number of active oil and natural gas rigs for the first time in three weeks, according to energy services firm Baker Hughes.
Dubai Islamic Bank Announces Strong Financial Performance and Dividend Distribution for 2025
Dubai Islamic Bank Announces Strong Financial Performance and Dividend Distribution for 2025
Dubai Islamic Bank (DIB) has announced that its shareholders have approved a proposal from the Board of Directors to distribute a cash dividend of 35 fils per share for the fiscal year ending December 31, 2025, totaling Dh2.53 billion.
2026 BMW 760i xDrive: A Bold Statement in Luxury Sedan Design
2026 BMW 760i xDrive: A Bold Statement in Luxury Sedan Design
Why more people in Dubai are choosing to live in hotel apartments
Why more people in Dubai are choosing to live in hotel apartments
For thousands of people moving to Dubai each year, the hardest part of relocating is not finding a job — it is figuring out where and how to live. Increasingly, the answer is simple: move straight into a fully furnished hotel apartment.
Indian Rupee Faces Pressure Amid Rising Oil Prices and Global Market Challenges
Indian Rupee Faces Pressure Amid Rising Oil Prices and Global Market Challenges
UK Manufacturing Faces Rising Costs and Delivery Delays Amid Middle East Conflict
UK Manufacturing Faces Rising Costs and Delivery Delays Amid Middle East Conflict
In March, British factories experienced significant cost pressures and the longest delivery delays since mid-2022, largely attributed to the ongoing conflict in the Middle East and ships avoiding the Strait of Hormuz, according to a recent survey.
Crypto Market Reacts to Eased Tensions Amidst Geopolitical Uncertainty
Crypto Market Reacts to Eased Tensions Amidst Geopolitical Uncertainty
On Monday, cryptocurrency prices experienced a significant increase after U.S. President Donald Trump announced a five-day postponement of attacks on Iran’s power plants, which alleviated fears of escalating conflict.
Updated Entry and Transit Rules for Iranian Nationals by UAE Airlines
Updated Entry and Transit Rules for Iranian Nationals by UAE Airlines
[Editor's Note: This article is based on information from Emirates' official website at the time of publication. The website has since been updated, and some details may no longer be accurate. For the latest travel guidance, read here.
Starlink High-Speed Internet Now Available in the UAE
Starlink High-Speed Internet Now Available in the UAE
[Editor's Note: Stay updated with the latest developments in the US-Israel-Iran war by following Khaleej Times' live blog.]
Adnoc Drilling shareholders approve $1 billion dividend
Adnoc Drilling shareholders approve $1 billion dividend
Adnoc Drilling has approved a $1 billion dividend for 2025 as the company reported its strongest financial performance to date and outlined plans for continued expansion across the region.
Sharjah Islamic Bank Announces Strategic Capital Increase Through Rights Issue
Sharjah Islamic Bank Announces Strategic Capital Increase Through Rights Issue
Sharjah Islamic Bank (SIB) has received approval to enhance its capital by launching a strategic rights issue aimed at generating gross proceeds up to Dh2.59 billion.
Volkswagen Issues Recall for Nearly 100,000 Electric Vehicles Due to Battery Issues
Volkswagen Issues Recall for Nearly 100,000 Electric Vehicles Due to Battery Issues
Volkswagen is recalling close to 100,000 electric vehicles, with approximately 28,000 of them located in Germany, due to concerns related to battery modules, as reported by the German motor vehicle authority KBA.
Dubai Real Estate Market Continues Strong Performance in February
Dubai Real Estate Market Continues Strong Performance in February
The UAE's Non-Oil Private Sector Shows Strong Growth in February
The UAE's Non-Oil Private Sector Shows Strong Growth in February
The UAE Stock Markets Experience Volatility Amid Regional Conflict
The UAE Stock Markets Experience Volatility Amid Regional Conflict
Gold and Silver Prices Surge Amid Middle East Conflict
Gold and Silver Prices Surge Amid Middle East Conflict
UAE Airlines Update: Flight Rescheduling and Refund Options
UAE Airlines Update: Flight Rescheduling and Refund Options
Indian Carriers Increase Flights from UAE to Meet High Demand
Indian Carriers Increase Flights from UAE to Meet High Demand
ADIB Shareholders Approve Cash Dividend Increase to 97.05 Fils per Share
ADIB Shareholders Approve Cash Dividend Increase to 97.05 Fils per Share
Emaar Properties Reports Strong Sales Growth Amid Regional Tensions
Emaar Properties Reports Strong Sales Growth Amid Regional Tensions
The Indian Rupee Hits Record Low Against US Dollar
The Indian Rupee Hits Record Low Against US Dollar
Middle Eastern Sovereign Credit Ratings and Potential Impacts of Regional Conflict
Middle Eastern Sovereign Credit Ratings and Potential Impacts of Regional Conflict
Gold and Silver Prices Recover in Dubai After Previous Losses
Gold and Silver Prices Recover in Dubai After Previous Losses
The Impact of Geopolitical Tensions on Bitcoin and Cryptocurrency Markets
The Impact of Geopolitical Tensions on Bitcoin and Cryptocurrency Markets
UAE Carriers Extend Flight Suspensions Due to Ongoing Military Conflict
UAE Carriers Extend Flight Suspensions Due to Ongoing Military Conflict
UAE carriers have extended flight suspensions for a fourth day due to airspace closure amid the ongoing military conflict in the region involving the US, Israel, and Iran.
The UAE Restores Air Traffic Amid Recent Regional Developments
The UAE Restores Air Traffic Amid Recent Regional Developments
The Impact of the Strait of Hormuz Closure on Global Oil Prices
The Impact of the Strait of Hormuz Closure on Global Oil Prices
The Impact of Iran War on Emerging Markets and Energy Prices
The Impact of Iran War on Emerging Markets and Energy Prices
Paramount Skydance Submits Higher Bid for Warner Bros Discovery in Ongoing Bidding War
Paramount Skydance Submits Higher Bid for Warner Bros Discovery in Ongoing Bidding War
The Rise of Dubai as a Global Wealth Destination
The Rise of Dubai as a Global Wealth Destination
Dubai Multi Commodities Centre Reveals Plans for 600-Metre Mixed-Use Tower in Uptown District Expansion
Dubai Multi Commodities Centre Reveals Plans for 600-Metre Mixed-Use Tower in Uptown District Expansion
Gold Prices Rise in Dubai Amid Ongoing Military Conflict in the Middle East
Gold Prices Rise in Dubai Amid Ongoing Military Conflict in the Middle East
The Cryptocurrency Market Outlook for March 2026
The Cryptocurrency Market Outlook for March 2026
The Impact of Military Conflict on Flights in the Middle East
The Impact of Military Conflict on Flights in the Middle East
The Turmoil in Oil Markets: Escalating US-Iran Conflict Raises Fear of Supply Disruption
The Turmoil in Oil Markets: Escalating US-Iran Conflict Raises Fear of Supply Disruption
Application Submitted to Increase Parking Tariffs in Dubai
Application Submitted to Increase Parking Tariffs in Dubai
Sharjah property market starts 2026 on a high note with record Dh9.3 billion deals in January
Sharjah property market starts 2026 on a high note with record Dh9.3 billion deals in January
Sharjah’s real estate market began 2026 on a high note, as the value of property transactions jumped 34.8 per cent in January 2026 to Dh9.3 billion, compared to Dh7 billion in January last year.
US weekly jobless claims increase marginally as labour market stabilises
US weekly jobless claims increase marginally as labour market stabilises
The number of Americans filing new applications for jobless benefits increased marginally last week and the unemployment rate appeared to hold steady in February amid a stable labor market.
Silver outshines gold, jumps over 3% in early Dubai trade
Silver outshines gold, jumps over 3% in early Dubai trade
Gold prices were steady in Dubai on Friday morning as investors focus on the outcome of the US-Iran talks. But silver prices jumped over three per cent, outpacing the yellow metal in early trade.
Bitcoin rebounds as liquidations,  ETF inflows spark recovery
Bitcoin rebounds as liquidations,  ETF inflows spark recovery
Bitcoin has staged a sharp rebound after a week of heavy selling, climbing about 5–6 per cent to trade near the $68,000–$70,000 range and briefly revisiting its previous 2021 peak around $69,000.
DAE’s $7b deal to create 1,000+ aircraft leasing giant
DAE’s $7b deal to create 1,000+ aircraft leasing giant
Dubai Aerospace Enterprise (DAE) is set to become one of the world’s largest aircraft leasing platforms after signing a definitive agreement to acquire Macquarie AirFinance in an all-cash transaction valued at about $7 billion, marking one of the most significant aviation finance deals of the year.
e& revenues surge 23% in 2025 as CEO Hatem Dowidar to step down
e& revenues surge 23% in 2025 as CEO Hatem Dowidar to step down
E& on Tuesday reported the strongest financial performance in its history, closing 2025 with record revenue, soaring profits and rapid subscriber growth — marking another milestone in the group’s transformation into a global technology powerhouse.
Oil prices slip about 1.5% on high US crude stocks and US-Iran positivity
Oil prices slip about 1.5% on high US crude stocks and US-Iran positivity
Oil prices fell on Thursday after the biggest jump in U.S. crude inventories in three years, with signs of weakness in the physical oil market also weighing on prices, while traders assessed U.S.-Iran talks.
EGA posts Dh4.93 billion underlying net profit in 2025
EGA posts Dh4.93 billion underlying net profit in 2025
Emirates Global Aluminium (EGA) on Wednesday announced strong underlying financial performance and record sales in 2025.
CBUAE unveils world-first sovereign financial cloud as digital fintech push picks up pace
CBUAE unveils world-first sovereign financial cloud as digital fintech push picks up pace
The Central Bank of the UAE (CBUAE) has taken another major stride in reshaping the nation’s financial landscape with the launch of the world’s first sovereign financial cloud services infrastructure — a secure, nationally controlled digital platform designed to host and protect the country’s critical banking data, applications and services.
Audi S6 e-tron Review: Where quiet luxury meets instant torque
Audi S6 e-tron Review: Where quiet luxury meets instant torque
Audi is done dipping its toes into the electric future; it’s diving in headfirst. With the new Audi S6 Sportback e-tron, the brand signals a move toward a fully mature electrified lineup that blends performance, technology, and unmistakably evolved Audi design. Here is a closer look at the performance-oriented four-door coupé.
The Outlook of Dubai's Residential Market in 2026
The Outlook of Dubai's Residential Market in 2026
India's Trade Deal with the U.S. Raises Doubts Among Economists
India's Trade Deal with the U.S. Raises Doubts Among Economists
A Slowdown in Software Deal-Making and IPOs Amid Market Volatility
A Slowdown in Software Deal-Making and IPOs Amid Market Volatility
Common Mistakes to Avoid in Crypto Investing
Common Mistakes to Avoid in Crypto Investing
European Airlines Warn of Severe Disruption in Schengen Entry System
European Airlines Warn of Severe Disruption in Schengen Entry System
Fertiglobe Reports Strong Financial Performance in Q4 2025
Fertiglobe Reports Strong Financial Performance in Q4 2025
The Rise of the Middle East as a Global Center of Capital
The Rise of the Middle East as a Global Center of Capital
ChatGPT: Your Ultimate Money-Saving Sidekick for Flights, Budgeting, and Shopping
ChatGPT: Your Ultimate Money-Saving Sidekick for Flights, Budgeting, and Shopping
Artificial intelligence is revolutionizing how we live and work, with hundreds of AI tools flooding the market. Yet none has captured global attention quite like ChatGPT, boasting a staggering 400 million weekly users. This versatile chatbot isn't just for answering questions—it's becoming an indispensable tool for savvy consumers looking to stretch their dollars further. But can it really help you save money? Let's explore its money-saving superpowers.
du Reports Stellar Q1 2026 Results with 19.8% Net Profit Surge
du Reports Stellar Q1 2026 Results with 19.8% Net Profit Surge
Emirates Integrated Telecommunications Company PJSC (du) has kicked off 2026 with outstanding financial performance, showcasing significant growth across all key metrics during the first quarter.
Le Mans Legends: Where History, Speed and Investment Collide
Le Mans Legends: Where History, Speed and Investment Collide
For racing enthusiasts, few names carry the weight of Le Mans. This hallowed French circuit represents to motorsport what Wimbledon does to tennis or Augusta National to golf - a sacred proving ground where legends are made. The storied Sarthe River circuit has witnessed automotive history since hosting France's inaugural Grand Prix in 1906, though its roots stretch back further than the Roman conquest of 47 BC.