The Islamic economy is growing nearly twice as fast as the global economy, according to Thomson Reuters, with the UAE taking a hearty chunk of that market, coming second only to Malaysia. Muslim consumer spending exceeds USD 1.8 trillion (AED 6.6 trillion). Mustafa Adil, acting Head of Islamic Finance at Thomson Reuters, says halal food, shariah-compliant tourism and Islamic finance are the biggest drivers.
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Trump, Starmer hail limited US-UK trade deal, but 10% duties remain
US President Donald Trump and British Prime Minister Keir Starmer on Thursday announced a limited bilateral trade agreement that leaves in place Trump's 10 per cent tariffs on British exports and lowers prohibitive US duties on British car exports.
New urban hub to rise around historic Jebel Ali Racecourse
A new urban development is set to reshape Dubai’s skyline.
Emirates marks record annual profits with 22-week staff bonus
Dubai's Emirates Airline has announced a 22-week salary bonus for its employees to mark its best annual profits in its history, becoming the world’s most profitable airline.
Emirates Group achieves record annual profit of AED 22.7 billion
The Emirates Group has achieved record profit of AED 22.7 billion for 2024-25, with Emirates reporting the best result in its history to become the world’s most profitable airline.
UAE foreign trade hits record of AED 5.23 trillion in 2024
UAE foreign trade reached a surplus of over AED 490 billion, with the Ministry of Economy’s Foreign Trade team and the Comprehensive Economic Partnership Agreements (CEPA) negotiators team recognised for their contributions.
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UAE President Sheikh Mohamed Bin Zayed Al Nahyan’s visit to the US to boost economic and technology ties including AI.
Apple Inc. shares fell Monday after a closely followed analyst warned that demand for the firm’s new iPhone 16 Pro model has been lower than expected. Is this a sign that the AI software just isn’t ready?
Does working from home kill productivity or can it benefit staff by giving them more flexibility and a better work/life balance?
Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?
Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!
