Valentine’s Day Brings 30% Price Hike in Dubai’s Flower Market
As Valentine’s Day approaches, Dubai’s flower market witnesses a surge in prices, with a notable 30% increase this month. The anticipation for Valentine’s Day typically ignites at the beginning of…
Dubai Real Estate Authority Fines 30 Companies for Advertising Violations
Dubai’s Real Estate Regulatory Agency (Rera) has imposed fines of Dh50,000 each on 30 real estate companies for non-compliance with advertising regulations. The penalties were issued due to the companies’…
Dubai Emerges as Hub for Cross-Border Gold Trade, Attracting Shoppers from Across the Globe
Dubai has become a hotspot for shoppers seeking to invest in gold and precious metal jewellery, with an increasing trend of buyers selling their purchases in other countries, particularly in…
Honor Unveils Magic V2: UAE’s Thinnest and Lightest Foldable Smartphone
In a bid to revolutionize the smartphone market, Chinese electronics giant Honor has launched its latest innovation, the Magic V2, in the UAE. Priced at Dh6,899, the Magic V2 sets…
UAE Fuel Price Committee to Announce February Rates Amid Global Oil Tensions
The UAE Fuel Price Committee is gearing up to announce petrol and diesel prices for the month of February tomorrow, aligning them with global market rates amidst ongoing geopolitical tensions…
Dubai Implements Single-Use Plastic Ban with Fines: What You Need to Know
Dubai has officially enforced a ban on single-use plastic, joining other emirates in the UAE in a nationwide effort to reduce environmental pollution and regulate plastic consumption. The ban, effective…
UAE Continues Petrol Price Decline for Third Consecutive Month
In a welcome relief for motorists, the UAE has witnessed a downward trend in petrol prices for the third consecutive month, with January 2024 rates nearly aligning with the lowest…
Anticipated Interest Rate Cuts in 2024 to Benefit UAE Consumers
UAE consumers are expected to experience a decline in borrowing costs in 2024 as interest rates are anticipated to decrease by 100 basis points. Analysts predict that interest rates on…
Starbucks Corporation Faces $11 Billion Loss in Market Value Amid Boycott and Protests
The Seattle-based Starbucks Corporation is grappling with a substantial market value loss of nearly $11 billion, triggered by calls for a boycott and protests. The decline in value has been…
Dubai to Host World’s Tallest Residential Clock Tower in Collaboration Between London Gate and Franck Muller
Dubai is set to redefine its skyline with the unveiling of the world’s tallest residential clock tower, part of a groundbreaking project by London Gate, the UAE’s premium real estate…