Tumbling oil prices could see record budget losses for the UAE and Saudi Arabia this year. Prices have hit lower than $40 a barrel, which has put pressure on GCC governments. However, Marios Maratheftis, Global Chief Economist at Standard Chartered expects prices to come up in 2016 due to a limit in oil supplies.
Fitch affirms Ras Al Khaimah at A+ and raises growth forecast
Fitch Ratings has affirmed Ras Al Khaimah’s long-term credit rating at A+ and raised its economic growth forecast for 2026.
G7 to release 100 million barrels from energy stocks
Group of Seven (G7) countries agreed on Friday to release 100 million barrels of diesel and crude oil from emergency reserves and pledged to refrain from energy export restrictions after pressure from US President Donald Trump.
First UAE-built commercial satellite launches successfully
Altair-1, the first commercial satellite built in the UAE, has successfully launched into orbit, marking a major milestone for the country's growing private space sector.
UAE lists second Sovereign Retail T-Sukuk on Nasdaq Dubai
The Ministry of Finance has announced the official listing and commencement of secondary-market trading for its second five-year Sovereign Retail T-Sukuk on Nasdaq Dubai on Friday, following the successful completion of subscription, allocation, and settlement.
Abu Dhabi invests AED 300 million to advance public transport
Abu Dhabi has announced plans to invest AED 300 million to upgrade its public transport system with smart tech.
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The Business Breakfast is the day’s must listen for the UAE’s business leaders, and those who aspire to be.
10:00am - 1:00pm
Broadcasting every weekday, Georgia Tolley goes beyond the headlines to speak to government ministers, decision makers, analysts and local experts to find out how the news will impact those of us living in the UAE.
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!
