Business
Saudi Real Estate Refinance Co., Banque Saudi Fransi sign 3rd mortgage portfolio deal
Saudi Real Estate Refinance Co., Banque Saudi Fransi sign 3rd mortgage portfolio deal
Business
Business
World Bank to Asharq Al-Awsat: Easing of Hormuz Shock to Drive Saudi Growth to 7.9% in 2027
Saudi Arabia's economy is expected to stage a strong rebound in 2027 as the effects of disruptions to energy and trade flows fade. The World Bank forecasts the Kingdom's GDP to grow by 7.9 percent next year, following a projected 2 percent contraction in 2026. The crisis linked to the Strait of Hormuz closure has demonstrated that diversifying sources of economic growth is just as important as diversifying energy export routes and logistics infrastructure.
Business
UAE, EU cut tariffs to boost trade to nearly $50 billion by 2032
Non-oil trade between the UAE and the five-member Eurasian Economic Union reached $33.6 billion in 2025, with the agreement targeting nearly $50 billion annually by 2032
Business
Etisalat offers free data to customers as it celebrates 50th anniversary
Customers have been promised 1GB for every year of loyalty, valid until October 13; anniversary packages include 50GB for Dh200
Business
UAE's e& returns to its original Etisalat name as it focuses on AI growth | The National
Move comes as telecoms group celebrates 50 years of operations, with services expanding around world
Business
Cooling the AI Gold Rush: A Skeptic’s Look at Green Circle’s Liquid Cooling Gamble
(SeaPRwire) -By: Ethan Gallagher The core problem with AI data centers right now is not compute. It’s heat. GPU clusters are running hotter and hungrier, and traditional air cooling is hitting a hard wall. GCDT says they...
Business
The new HR agenda takes centre stage at HRSE Dubai 2026
This year's edition features an all-new premium stage line-up with 90 per cent new voices, headlined by Mo Gawdat and Stephen M R Covey, alongside the Future Workplace Awards
Business
UAE-India flights: Air India Express adds more flights on Middle East routes
The budget carrier is stepping up services from Bengaluru, Delhi, Mumbai, Kochi, Kozhikode and Hyderabad on some of the corridor’s busiest routes
Business
World Bank Projects Regional Growth to Reach 7.8% in 2027
The World Bank said Tuesday that if the Middle East conflict subsides by the end of this year, regional growth excluding Iran is projected to rebound to 7.8% in 2027. In a report titled “From Divide to Opportunity: AI, Jobs, and Growth,” the Bank said that regional output is projected to contract by 2.1% on average in 2026, after expanding 3.3% in 2025.
Business
Oil gains as traders weigh Gulf tensions against strong Mideast exports
Oil gains as traders weigh Gulf tensions against strong Mideast exports
Business
Saudi Aramco chief warns of 'scarily thin’ global oil stockpiles, amid war on Iran
Saudi Aramco chief warns of 'scarily thin’ global oil stockpiles, amid war on Iran The chief executive of Saudi Aramco warned that the world's oil stockpiles are now "scarily thin". In his first public speech since the US-Israel war on Iran began, Amin Nasser said the conflict reduced oil supply from the region by "nearly 3bn barrels", with over 1bn barrels of oil released from reserves to cushion the depletion. Nasser estimated that "less than 6bn barrels of commercial inventories remain tod…
Business
Dubai Retail announces Skylight Mall, new 1.3 million sqft shopping destination
Its location along Al Khail Road will provide convenient access for residents of JVT, Jumeirah Islands, The Springs and neighbouring communities
Business
Purple Reign: Philippines Seeks to Keep Grip on Ube Throne
The Philippine ube has become a trend-setting sensation from Los Angeles to London to Seoul, with the humble yam's bright purple hue drawing lines outside coffee shops and bakeries and millions of views on social media. But keeping pace with the international boom has proven tricky for the archipelago nation's overwhelmingly smallholder farmers, with yields declining and some unable to commit to the plant's nine-month growing time.
Business
Starbucks sued over 'sugar-free' claims for protein beverages
Consumers accused Starbucks of trying to capitalize on the desire of 75 per cent of Americans to reduce or eliminate sugar consumption
Business
UAE fuel prices: Higher Middle East oil exports could bring relief for consumers
Middle East crude exports have returned to pre-war levels despite attacks on shipping, raising hopes that higher supply could ease global oil prices
Business
My Perfumes expands its fragrance portfolio at Beautyworld Dubai 2026
Mustafa Firoz discusses changing fragrance preferences, brand evolution and the ideas shaping its latest collections
Business
AI, stablecoins, tokenisation reshape financial services at BIT Summit in Dubai
More than 300 banking, fintech and financial services leaders gather at the Banking Innovation & Technology Summit to examine how capital, currency and AI are changing the sector
Business
Dubai gold prices drop further ahead of Indian festivals Navratri, Diwali
Dubai gold prices fell further on Tuesday, with 24K dropping to Dh496.75 per gram as a stronger US dollar and higher Treasury yields weighed on the precious metal