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Gold Prices Dip Slightly in Dubai Market Following Recent Surge

Gold prices in the Dubai market experienced a minor drop, shedding one dirham per gram in early morning trading on Thursday. This adjustment followed a noteworthy gain of over two…

Gold Continues Rally in UAE Markets Amid Middle East Uncertainty

Gold prices in the UAE saw a two-dirham per gram increase at the market opening on Tuesday, driven by investors seeking safe-haven assets amidst escalating tensions in the Middle East.…

Lulu Group Expands Footprint with Largest In-Mall Hypermarket at Dubai Mall

Retail giant Lulu Group has further solidified its presence in Dubai with the opening of its largest in-mall hypermarket at the prestigious Dubai Mall. This strategic move reflects the company’s…

October 2023: UAE fuel prices announced

Dubai: UAE residents will be paying slightly higher rates in October for petrol and diesel. Authorities announced the fuel rates for October on Saturday. ALSO READ: Revolutionary Battle Against Devastating…

Indian rupee falls 16 paise to 83.10 against US dollar in early trade

Dollar index, which gauges the greenback’s strength against a basket of six currencies, fell marginally by 0.01 per cent to 105.58 The rupee depreciated by 16 paise to 83.10 against…

UAE: Central bank hits pause on interest rate hikes

Following the US Federal Reserve Board’s announcement, keep the key interest rates unchanged, the Central Bank of the UAE (CBUAE) has decided to maintain the Base Rate applicable to the…

Wednesday, Gold prices drop at the opening of the markets.

Dubai: Gold prices fell at the opening of the markets on Wednesday after hitting a week-high on Tuesday. According to Dubai Jewellery Group data, the 24K variant of the yellow…

UAE rising to 3.9 percent in 2024 on the back of strong oil exports and energy investments, :UBS

UAE’s gross domestic product (GDP) is on track to post 3.5 per cent growth in 2023, rising to 3.9 per cent in 2024 on the back of strong oil exports…

UAE; Ban heavy vehicles weighing over 65 tonnes on roads from 2024

Heavy vehicles weighing over 65 tonnes will be prohibited from plying on UAE roads, it was announced Monday. Effective next year, it is part of a federal law that regulates…

UAE; Petrol, diesel prices for September 2023 announced

The UAE fuel price committee has announced petrol and diesel prices for the month of September 2023. The new rates will apply from September 1 and are as follows: READ:American…