IMF Urges Asian Central Banks to Prioritize Domestic Inflation Amid Fed Uncertainty
The International Monetary Fund (IMF) has issued a cautionary note to Asian central banks, advising them to maintain a focus on domestic inflation concerns and to avoid tethering their policy…
Gold Prices Surge in UAE Amidst Iran-Israel Conflict
Gold prices surged at the opening of the markets in the United Arab Emirates on Monday, with investors flocking to the safe-haven metal amidst escalating tensions between Iran and Israel.…
Google’s Potential Acquisition of HubSpot Raises Antitrust Concerns
Alphabet’s potential acquisition of HubSpot, a marketing software company, is stirring up anticipation and concern among regulators and industry experts alike. While many agree that the deal wouldn’t necessarily stifle…
FAB Considers Acquisition of Turkish Bank Amid Expansion Plans
First Abu Dhabi Bank (FAB), the largest lender in the UAE, is reportedly exploring potential acquisition targets in Turkey, with Yapi Ve Kredi Bankasi, the country’s seventh-largest lender by assets,…
Gold Prices Hit Another Record High in UAE, Expected to Remain Volatile
Gold prices in the UAE surged to yet another record high on Monday morning, with the 24K variant of the precious metal jumping more than Dh3 per gram to reach…
Gold Prices Surge in UAE, Reach Record High Amid Global Uncertainties
Gold prices in the UAE witnessed a significant surge this week, climbing by eight dirhams per gram and reaching an all-time high, propelled by global market dynamics and heightened demand…
UAE Considers Long-Term Business Licences to Boost Competitiveness
In a bid to further enhance its business environment and attract more talent and investment, the United Arab Emirates (UAE) is contemplating the introduction of golden and silver business licences,…
Gold Prices Hit Record High in UAE Markets
Gold prices surged to a record high on Wednesday, marking a significant increase in precious metal values in the UAE markets. Here’s a summary of the latest developments: READ:Onion Prices…
Onion Prices Expected to Drop in the UAE Following India’s Export Resumption
Recent developments indicate that onion prices in the UAE are poised to decrease by up to 20 per cent as India has resumed exports of the commodity after a three-month…
Etihad Airways Returns to Profit, Considers IPO
Abu Dhabi’s Etihad Airways has announced a return to profitability and is focusing on enhancing its transparency, governance, and balance sheet to prepare for a potential initial public offering (IPO),…