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Gulf markets drift downward amid oil slump and rising tensions

Oil prices, a crucial driver for the Gulf's financial markets, dipped as investors reassessed the effectiveness of China's stimulus plans to bolster economic growth...

Aramco goes global with Dollar Sukuk

According to a filing on the Tadawul exchange, the sukuk will represent direct, unsubordinated, and unsecured obligations of SA Global Sukuk Limited. The size...

Here’s how a Dubai startup is turning old cars into electric vehicles

Dubai-based entrepreneur Zack Faisal plans to turn petrol and diesel cars into fully electric vehicles at half the cost of new ones.

UAE announces women mandatory on board of directors for some firms from 2025.

The United Arab Emirates on Wednesday announced mandating private joint-stock companies in the country to allocate at least one seat for women on their...

Dubai Taxi Company gears up for expansive fleet with 300 new plates

This latest acquisition pushes DTC’s fleet to nearly 6,000 vehicles, increasing its market share to 46%. The expanded fleet is expected to drive AED100 million...

Abu Dhabi’s new traffic patrol takes safety to the digital fast lane

Brigadier Mahmoud Yousef Al Balushi, Director of the Traffic and Security Patrols Directorate, emphasized that this digital patrol will significantly enhance traffic safety culture....

Meta’s AI scraps privacy in Australia

Meta, the tech giant behind Facebook and Instagram, has been leveraging public posts and photos to train its AI, sparking concerns over privacy. In...

Abu Dhabi courts see rise in express marriage applications

The city’s Civil Family Court has seen a dramatic rise in civil marriage applications, with an average daily of 70 new regular and express...

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Dubai’s Dh2 billion Trump Tower set to rise in Q2-2025

The highly anticipated Trump Tower in Dubai is gearing...

Google unveils chip that outpaces supercomputers by 10 septillion years

Google has announced a groundbreaking achievement in quantum computing with its new chip, "Willow," capable of solving problems in minutes that would take supercomputers an unimaginable 10 septillion years.

Airbus appoints Eid Al Qahtani to lead new regional headquarters in Saudi Arabia

Since the 1970s, Airbus has continuously expanded its footprint...

Gulf stock markets see gains, boosted by rising oil prices despite regional tensions

Gulf stock markets started Tuesday on a positive note,...

Talabat eyes $1.5 billion in IPO on Dubai Financial Market

Talabat Holdings, a subsidiary of Germany’s Delivery Hero, has announced plans to raise up to $1.5 billion through its initial public offering (IPO) on the Dubai Financial Market.
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