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UAE Faces Rising Cybersecurity Threats as Holiday Shopping Season Approaches

Recent reports indicate that URL detections in the UAE have surged by 36.5%, increasing from 17.05% in 2023 to 23.34% in 2024, highlighting growing online security concerns in the region.…

Oil Prices Rebound Amid OPEC Demand Cuts and Dollar Strength

Oil prices bounced back on Wednesday following a period of decline, driven by short-covering after approaching a two-week low in the previous session. The rebound comes after the Organization of…

Dubai Approves Largest Budget in Emirate’s History to Drive Infrastructure and Social Development

Dubai, UAE – Dubai has approved its largest budget ever, as announced by Sheikh Mohammed bin Rashid Al Maktoum, Ruler of Dubai and Vice-President and Prime Minister of the UAE,…

Tesla’s Q3 Deliveries Disappoint, Sparking Concerns Over Future Growth

Tesla reported lower-than-expected third-quarter deliveries on Wednesday, raising concerns over slowing demand and intensifying competition in the electric vehicle (EV) market. Despite a 6.4% increase from a year earlier, with…

Oman to Introduce Personal Income Tax in 2025, Setting a Precedent in the GCC

Muscat, Oman – In a significant move set to reshape the economic landscape of the Gulf Cooperation Council (GCC) region, Oman is poised to introduce a personal income tax (PIT)…

UAE Cyber Security Council Urges Immediate Update of Microsoft Devices to Patch Critical Vulnerabilities

Abu Dhabi, UAE — The UAE’s Cyber Security Council has issued an urgent call for Microsoft users to update their devices immediately to protect against over 100 newly identified vulnerabilities.…

US Coast Guard Issues Port Closures and Restrictions Due to Tropical Storm Beryl

The US Coast Guard has implemented precautionary measures across Texas ports, anticipating the impact of Tropical Storm Beryl, which is expected to strengthen into a hurricane by Monday morning as…

Dubai Gold Prices Dip as Global Market Eyes US Economic Indicators

On the first trading day of the week, gold prices in Dubai experienced a slight decline, according to data released by the Dubai Jewellery Group. The price of the 24K…

UAE Maintains Strong Position in Global Gold Jewellery Market Despite Consumption Drop

Dubai, UAE – The UAE continues to rank as the world’s fifth-largest market for gold jewellery demand, despite a notable decrease in consumption over the past year. The persistent allure…

Navigating the Future: UAE’s Transformative Shift towards Hybrid Work Models

The UAE’s evolving work landscape is witnessing a significant shift towards hybrid work models, blending remote and office-based work, according to Jayant Paleti, Co-Founder of Darwinbox, a human capital management…