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UAE Fuel Price Committee to Announce December Rates Amidst Global Price Drop

The UAE Fuel Price Committee is poised to unveil retail prices for petrol and diesel for the month of December. The announcement comes against the backdrop of a decline in…

Dubai Taxi Company Launches IPO with Offer Price Range of Dh1.80 to Dh1.85 per Share

Dubai Taxi Company (DTC) has officially announced the commencement of its initial public offering (IPO), revealing a price range of Dh1.80 to Dh1.85 per share. The IPO, comprising 624,750,000 existing…

Milestone Achievement as Barakah Nuclear Power Plant Secures Operating License for Fourth Reactor

In a historic moment for the United Arab Emirates (UAE), the Federal Authority for Nuclear Regulation (FANR) has granted the operating license for the fourth and final reactor of the…

Dubai Taxi to Launch IPO After Conversion to Public Joint Stock Company

Dubai Taxi is set to go public through an initial public offering (IPO) following its transformation into a public joint stock company by the Dubai Government. Dubai Taxi, a prominent…

Rupee Slips 4 Paise to 83.32 Against US Dollar in Morning Trade

The Indian rupee sees a minor depreciation in the morning session against the US dollar, influenced by domestic equities and foreign fund outflows. The Indian rupee depreciated by 4 paise…

Dubai’s Salik Operator Warns Investors About Fake Social Media Posts

Salik Company’s CEO advises the public to rely on official sources and avoid fake social media investment schemes. Dubai’s toll gate operator, Salik Company, is urging potential investors to exercise…

Virgin Atlantic Expands Dubai Flights Amid Soaring Demand for Leisure Tourism

British carrier Virgin Atlantic has announced plans to increase its flight services between London Heathrow and Dubai to meet the growing demand for leisure tourism between the two cities. The…

UAE Slashes Petrol Prices by 12% in November, 40% Cheaper Than Global Average

The UAE’s Fuel Price Committee has announced a significant reduction in retail petrol prices, offering welcome relief to motorists in the country. For the month of November, prices for the…

Gold Prices Slip Slightly in UAE Amidst Global Economic Focus

Precious Metal Dips in Opening Market Trade United Arab Emirates – October 31, 2023 Gold prices in the United Arab Emirates experienced a minor dip at the start of the…

UAE to Announce November Fuel Prices Amid Global Oil Market Uncertainty

Global Tensions and Bullish Signals Impacting Fuel Costs United Arab Emirates – October 30, 2023 The United Arab Emirates’ Fuel Price Committee is set to announce the adjusted retail prices…