UAE News — AKHBAR.COM

US blockade chokes oil revenues as military buildup adds pressure on Tehran Dubai: Iran is coming under intensifying pressure on two fronts as President Donald Trump tightens the economic squeeze on Tehran while simultaneously building…

Dubai: Emirates has launched a multi-market campaign encouraging travellers from across its global network to visit Dubai during the emirate's busy winter season, offering complimentary attractions, exclusive discounts and customised travel experiences.The campaign coincides with Dubai's winter calendar of festivals and major events and is designed to add value for visitors planning holidays in the…

Oil prices soar as regional tensions disrupt energy markets Hopes of a quick reopening of the Strait of Hormuz have suffered another setback, while a major new military operation in Yemen threatens to widen the…

Dubai: Gold prices declined sharply at the end of last week, falling by between Dh6.75 and Dh11 per gram across various gold categories compared with the previous week, according to price indicators published in Dubai and Sharjah.Retailers said the price drop, which followed a period of strong gains, has sparked renewed demand for gold bars…

CommerCity expansion comes as demand for Dubai’s digital trade infrastructure grows Dubai: Dubai CommerCity is set to add more than 91,000 square metres of new space in a Phase 2 expansion involving investments of more…

The Federal Tax Authority has stressed the need for all persons subject to corporate tax whose tax period ended on December 31, 2025, to submit their tax returns and pay any corporate tax due by September 30, 2026.The Authority explained that corporate tax registration, tax return filing, and corporate tax payments can be completed around…

Fitch expects Ras Al Khaimah growth to rebound to 5% in 2027 amid fiscal strength Ras Al Khaimah: International credit ratings agency Fitch has affirmed Ras Al Khaimah’s Long-Term Issuer Default Ratings (IDRs) at ‘A+’,…

Berkshire Hathaway said on Friday that Warren Buffett will step down as chairman and become chairman emeritus, effective immediately, nine months after handing the CEO reins to longtime lieutenant Greg Abel.The company named his son, Howard Buffett, a director since 1993, as chairman.Warren Buffett is credited with transforming Berkshire from a failing textile company into…

First phase covers Abu Dhabi, Dubai, Al Dhaid and Fujairah passenger stations Abu Dhabi: Etihad Rail, Q Mobility and Parkin have signed a strategic partnership to develop and operate smart parking facilities across Etihad Rail’s…

Gold and silver prices in the UAE stabilised during trade on Tuesday amid limited price movements at the beginning of September. Gold remained near its lowest levels in about two weeks, while silver remained below the level of 8 dirhams per gram.The price of a gram of 24 carat gold was 533.50 dirhams, a slight…

Brazil and India aim to expand Mercosur trade pact for broader market access Milwaukee: Brazil and India are moving towards substantially expanding the existing India-Mercosur preferential trade agreement, with the two sides completing work on…

Dubai: As summer draws to a close and everyday routines begin to return, Chattels & More is putting the bedroom centre stage with the launch of Sleeptember, a two-week campaign dedicated to creating spaces that support better sleep, better routines and better days.September is often a time for rebuilding routines – as holidays come to…

Full purchase price and buyback terms determine how far the metal must rise to break even Dubai: Gold prices can rise and you can still lose money when selling your jewellery. For UAE residents and…

Dubai: Dubai International Airport (DXB) continues to strengthen its operational momentum, supported by an expanding destination network and the return of airlines to enhance flight schedules and operational capacity, according to Majed Al Joker, Chief Operating Officer of Dubai Airports.Al Joker said traffic and seat-capacity indicators reflect a positive trajectory towards stronger performance during the…

October rates reflect global oil shock, but UAE petrol remains below many major markets Dubai: UAE residents filling a typical 60-litre fuel tank will pay up to Dh124.80 more than they did in February, after…

Dubai: The UAE is emerging as a regional leader in the development of regulated stablecoins, creating a new model for digital money that combines global dollar-backed stablecoins with sovereign-aligned local currency alternatives, according to a report by global management consultancy Arthur D. Little.In its latest report, "The Sovereign Stablecoin Era: Replication, Not Resistance," the consultancy…

EGA will initially route up to 250,000 tonnes of aluminium through the East Coast Dubai: Emirates Global Aluminium will route up to 250,000 tonnes of aluminium through the UAE’s East Coast in the first year…

Abu Dhabi: Etihad Credit Bureau (ECB) has expanded the UAE's credit reporting framework by incorporating micro-loan account data into credit reports, further broadening the range of financial commitments captured within the country's credit ecosystem.Under the initiative, micro-loan data from providers such as CashNow, submitted by Botim Finance (formerly Quantix), will now form part of UAE…

Military escorts and rerouted tankers sustain Hormuz oil lifeline amid Iran pressure Gulf oil producers are moving far more crude through the Strait of Hormuz than many expected possible, using US Navy-backed workarounds to keep…

Emirates will increase the operation of its A380 aircraft on the Dubai-Bali route, deploying two daily flights to Bali's Ngurah Rai International Airport from 28 March 2027, reflecting continued strong demand for travel between Dubai and the Indonesian tourist destination.The increase comes as Emirates continues to expand its A380 network. According to updated flight schedules,…

Stocks slip as surging Treasury yields overshadow retreat in oil prices US and European stocks traded mainly lower Tuesday despite oil prices retreating from a recent surge, as bond yields pushed higher and investors waited…

Dubai: Dubai Chambers has signed a Memorandum of Understanding (MoU) with the National Association of Software and Service Companies (NASSCOM) to advance cooperation in Agentic AI and support the growth and expansion of Indian companies specialising in the technology from Dubai.The agreement seeks to strengthen collaboration between Dubai and India's Agentic AI ecosystems by fostering…

Higher global oil costs could feed into what drivers pay at the pump next month. Dubai: UAE motorists could see fuel prices rise in October after global oil prices spent much of September at elevated…

DUBAI: The Dubai International Financial Centre (DIFC) Courts received 243 opt-in cases in the first half of 2026, representing 30 percent of the 810 cases filed across all divisions. Of these, 201 were filed in the Small Claims Tribunal (SCT), while 42 were filed across the Court of First Instance (CFI), the Arbitration Division and…

Smart-ring maker had strong investor demand but chose to postpone its Nasdaq debut Health and fitness ring-maker Oura Inc. will delay its planned initial public offering on Nasdaq due to uncertainty in the market for…

Dubai: Dubai Chambers has signed a Memorandum of Understanding (MoU) with global e-commerce platform Trendyol to strengthen support for small and medium-sized enterprises (SMEs) and accelerate their digital growth.The partnership combines Dubai Chambers' extensive business network with Trendyol's e-commerce infrastructure and expertise, with the aim of helping local companies expand their online presence, access new…

New service lets UAE users send remittances directly to GCash wallets in the Philippines Dubai: Filipinos in the UAE can now send money directly to GCash wallets in the Philippines through Botim, following a new…

Gold prices steadied on Friday after pulling back from a more than two-month high, as investors booked profits following a rally fuelled by softer U.S. inflation ⁠data and fading expectations for a Federal Reserve rate hike in September.Spot gold was little changed at $4,351.45 an ounce by 1113 GMT after the contract fell 1.3% in…

Encore run pushes Endgame near Avatar, with a fresh $86 million opening weekend Truly...whatever it takes. The Avengers have assembled again. Thanos spent a whole film saying he was inevitable. On the evidence of the…

LOS ANGELES: For a billionaire and a tech investor who also has one of the U.S.' best-known surnames, Josh Kushner has managed to stay off the front pages and out of the world's broader discourse to a remarkable degree.That's all changed this summer, at least in the parts of the world with a passion for…

Beijing investment bank sets up DIFC office to serve Middle East clients and investors Dubai: China Securities has established a regional office in Dubai International Financial Centre, giving the Beijing-headquartered investment bank a base to…

19-year-old who flagged CBSE security gaps now honoured by US Justice Department A 19-year-old Indian cybersecurity researcher has added another milestone to his career after being recognised by the US Department of Justice for responsibly…

AI, pharma and fintech fortunes reshape subcontinent's 2026 Wealth list India’s billionaire class is expanding beyond its traditional industrial dynasties. The latest list now ranks 1,810 people with wealth of at least ₹1,000 crore ($104.3…

New survey finds confidence growing as fewer investors cut exposure to UAE equities UAE retail investors are becoming increasingly bullish on their home market despite six months of geopolitical uncertainty, according to etoro’s latest UAE…

MoU will assess integrated platforms and sensors for underwater surveillance Dubai: EDGE Group and German shipbuilding and defence company TKMS have agreed to explore the joint development of underwater surveillance and protection capabilities as the…

GCAA says suspension of flights to and from UAE takes effect September 24 Abu Dhabi: The General Civil Aviation Authority (GCAA) announced the suspension of flights operated by Iranian airlines to and from the UAE,…

Exchange rules out private key leak while teams work to restore customer withdrawals Dubai: Crypto exchange Bitget says hackers breached a critical backend system within its wallet infrastructure to carry out approximately $351.6 million in…

Bond yields hit multi-year highs as markets brace for prolonged Middle East risk Stock markets mostly fell and oil prices climbed on Thursday as US Treasury bond yields hit multi-year highs, driven partly by a…

Extension brings total suspension period to 180 days for eligible customs declarations Dubai: Dubai Customs has extended the suspension period for customs duties on eligible customs declarations by an additional 60 days, bringing the total…

SIF 2026 will host 140 activities and 80 business meetings across two days Dubai: Sharjah is preparing to host more than 10,000 participants from over 60 countries next month, bringing investors, companies, policymakers and entrepreneurs…

NSE shares debuted at a 5.2% premium at Rs 1,878 versus its listing price of Rs 1,785 The National Stock Exchange (NSE) in India made a measured market debut on Thursday, with its shares rising…

ADX says listings, investor access and new digital tools are deepening Abu Dhabi’s market Abu Dhabi: Abu Dhabi has seen sustained demand from companies looking to list over the past five years, helping make its…

Brent's surge above $100 puts upward pressure on October rates despite improving supply Dubai: UAE motorists could see fuel prices rise in October after global oil prices spent much of September at elevated levels, although…

US settlement sets film and worker commitments in deal backed by Gulf investors Dubai: Paramount Skydance has moved closer to buying Warner Bros. Discovery after settling lawsuits brought by 12 US states and the Writers…

New SIFC system gives applicants a way to submit queries and follow their progress Dubai: UAE-based Pakistanis exploring a business investment back home have a new channel for contacting Pakistan’s Special Investment Facilitation Council (SIFC).…

The developer described the transaction as India’s largest single residential unit deal Dinesh Thakkar, founder, chairman and managing director of Angel One, has made headlines after agreeing to buy an entire luxury residential tower in…

Sheraa says the focus is shifting from fast fundraising to stronger, lasting businesses Sharjah: In the UAE, startup founders are being pushed to look beyond fast fundraising and rapid growth, with more attention now on…

Khalifa Fund offers financing, advice, facilities to help Emiratis start, grow businesses Abu Dhabi: Emirati entrepreneurs in Al Ain can access financing, business advice, training and facilities designed to help them turn new ideas into…