Gold eases after sharp gains as inflation concerns come to the fore
PRECIOUS-Gold eases after sharp gains as inflation concerns come to the fore
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Robots poised for 'ChatGPT moment,' Unitree CEO says
UPDATE 2-Robots poised for 'ChatGPT moment,' Unitree CEO says
US national debt exceeds $40 trillion for first time
US national debt exceeds $40 trillion for first time
Dubai rises to 7th global financial hub as UAE FDI hits record high
Dubai has risen to seventh place among the world’s leading financial centres, its highest-ever ranking, as the UAE continues to attract record levels of foreign direct investment (FDI) and expand its financial, technology and artificial intelligence sectors. The emirate climbed four places in the Global Financial Centres Index (GFCI) 39, published in March 2026 by Z/Yen Group in partnership with…
Preparing UAE talent to meet evolving business needs
The UAE and Gulf markets are seeing rapid expansion in regulatory and professional requirements, underscoring the need to narrow the gap between academic curricula and the skills companies require from graduates as they enter the workforce, according to Amer Al Ahbabi, Chairman of Vertex Holding. Al Ahbabi said expanding experiential learning through structured training, practical projects and…
Dubai completes 104 property projects worth over Dh111 billion in H1 2026
Dubai’s real estate sector had a standout first half of 2026, with 104 projects completed at a combined value of more than Dh111 billion, new data from the Dubai Land Department (DLD) shows. That's up sharply from the first half of 2025, when 75 projects worth Dh73 billion were completed, a 38.7 per cent jump in project numbers and a 52 per cent rise in value. Stay up to date with the latest news.…
Wadan Developments introduces Weston, its latest residential project in Dubai
Wadan Developments marks the launch of Weston, its latest residential project in Dubai Land Residence Complex (DLRC), adding another milestone to its growing portfolio in Dubai. Guided by the idea of “ Designed For The Rhythm Ahead ,” Weston has been thoughtfully planned to offer a comfortable, connected and well-rounded lifestyle. The project was introduced at the Wadan Sales Gallery in Downtown…
UAE introduces mandatory VAT supplier and supply verification checks
The Federal Tax Authority (FTA) has issued new rules requiring businesses to verify their suppliers and the supplies they receive, or risk losing the right to recover input VAT on transactions connected to tax evasion. FTA Decision No. 13 of 2026 sets out the due diligence measures businesses must follow under Article 54 bis of the VAT Law, a provision inserted by Federal Decree-Law No. 16 of…
Dubai’s Al Maktoum Airport to have world's largest automated people mover system
Dubai Aviation City Corporation (DACC), a Dubai government entity, has awarded a contract for an automated people mover (APM) system for the first phase of Al Maktoum International Airport’s development – delivering the largest airport transit system of its kind in the world. The contract was awarded to a three-company consortium comprising Japan's Mitsubishi Heavy Industries (MHI), its…
Galaxy Z Fold8: Samsung’s oddest foldable yet is also its best, with Apple’s answer coming soon
There is no getting around it. The Galaxy Z Fold8 is an odd-looking phone at first glance. It’s shorter than almost anything else on the shelf, wider than it has any right to be, and it brings BlackBerry nostalgia to a smartphone market long dominated by slender, stretched-out screens. But once you pick it up, the oddness evaporates. Somewhere between the width, the weight, and the way it settles…