Dubai Taxi Company Expands Fleet with 250 Electric Vehicle Licence Plates
Dubai, UAE – November 15, 2024 In a significant step toward enhancing eco-friendly urban mobility, the Dubai Taxi Company (DTC) has announced the addition of 250 new license plates exclusively…
Oil Prices Rebound Amid OPEC Demand Cuts and Dollar Strength
Oil prices bounced back on Wednesday following a period of decline, driven by short-covering after approaching a two-week low in the previous session. The rebound comes after the Organization of…
Dubai Approves Largest Budget in Emirate’s History to Drive Infrastructure and Social Development
Dubai, UAE – Dubai has approved its largest budget ever, as announced by Sheikh Mohammed bin Rashid Al Maktoum, Ruler of Dubai and Vice-President and Prime Minister of the UAE,…
Tesla’s Q3 Deliveries Disappoint, Sparking Concerns Over Future Growth
Tesla reported lower-than-expected third-quarter deliveries on Wednesday, raising concerns over slowing demand and intensifying competition in the electric vehicle (EV) market. Despite a 6.4% increase from a year earlier, with…
Apple Enthusiasts in UAE Anticipate New Bronze iPhone 16 Pro
Dubai, UAE – Apple fans in the UAE, especially those who appreciate sleek and sophisticated designs, have reason to be excited about the upcoming iPhone 16 Pro. Recent leaks suggest…
Oman to Introduce Personal Income Tax in 2025, Setting a Precedent in the GCC
Muscat, Oman – In a significant move set to reshape the economic landscape of the Gulf Cooperation Council (GCC) region, Oman is poised to introduce a personal income tax (PIT)…
UAE Cyber Security Council Urges Immediate Update of Microsoft Devices to Patch Critical Vulnerabilities
Abu Dhabi, UAE — The UAE’s Cyber Security Council has issued an urgent call for Microsoft users to update their devices immediately to protect against over 100 newly identified vulnerabilities.…
US Coast Guard Issues Port Closures and Restrictions Due to Tropical Storm Beryl
The US Coast Guard has implemented precautionary measures across Texas ports, anticipating the impact of Tropical Storm Beryl, which is expected to strengthen into a hurricane by Monday morning as…
Dubai Gold Prices Dip as Global Market Eyes US Economic Indicators
On the first trading day of the week, gold prices in Dubai experienced a slight decline, according to data released by the Dubai Jewellery Group. The price of the 24K…
UAE Maintains Strong Position in Global Gold Jewellery Market Despite Consumption Drop
Dubai, UAE – The UAE continues to rank as the world’s fifth-largest market for gold jewellery demand, despite a notable decrease in consumption over the past year. The persistent allure…