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),…
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…