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Delhi airport operator sues govt over flights from defence airbase

The airport is one of India’s busiest, with about 73.6 million passengers using it last year, though it made a loss of $21m because of higher government fees

Saudi Arabia posts $8bn Q3 deficit as lower oil prices weigh

S&P lifts Saudi’s rating on economic shift away from oil

Fitch said the country’s Vision 2030 project provides some flexibility in managing capital expenditure and debt issuance

UAE suspends 32 gold refineries for AML/CTF lapses

UAE 24K gold price hits Dhs360 per gram: Will the rally continue?

Bullion is on track for a second consecutive weekly increase, with a 2.5 per cent gain so far

UAE weather forecast: Cloudy, rainy days on the horizon

Residents of the UAE can expect cloudy weather and light rainfall on Monday morning

Crypto payments outfit Ripple secures key Dubai licence

The entity, a leader in enterprise blockchain and crypto solutions, will be the first blockchain-enabled payments provider licensed by the DFSA

These Asian airlines have just banned power banks onboard

Last year three incidents a fortnight of overheating lithium batteries on planes were recorded globally by the US Federal Aviation Administration

Abu Dhabi’s MGX makes $2bn crypto investment in Binance

The deal, which Binance called its first institutional investment, is one of the largest ever in the crypto industry

Dubai's DET, Amazon launch accelerator for SMEs

Amazon, Google sign pledge to support tripling of nuclear energy capacity by 2050

Shale company Occidental and Japanese heavy machinery maker IHI Corp also added their names to the pledge

Pakistan pauses rate cuts, but likely not for long

Economists said the government should shift its focus to implementing economic reforms as interest rate cuts are not the elixir for growth

Musk’s Starlink, India’s Reliance sign surprise satellite internet deal

The deal follows a similar partnership announcement between Starlink and India’s No. 2 telecom player Bharti Airtel a day before

Meta

Facebook owner Meta begins testing its first in-house AI training chip

Meta, which also owns Instagram and WhatsApp, has forecast total 2025 expenses of $114bn to $119bn, including up to $65 billion in capital expenditure

Image credit: Getty Images

Gold rises as dollar, treasury yields fall; US data awaited

Spot gold rose 0.3 per cent to $2,898.27 an ounce as of 0501 GMT, while US gold futures firmed 0.1 to $2,902.50

gratuity - pension - end-of-service

75% of UAE residents expecting a bonus in 2025 – survey

The YouGov survey also highlights that 68 per cent of UAE residents feel secure about their current financial situation.

World gold council and DMCC sign agreement to advance UAE's gold sector Image Getty Images

Why are gold prices rising? Find out the reason for the surge

The dollar index wallowed near a four-month trough as the US exempted automakers from the 25 per cent tariffs on Canada and Mexico for a month

Gold Price, Commodities Investment

Gold prices surge again: Will the trend continue?

The US central bank held interest rates steady in its last meeting

World gold demand rises in q2 2024 Image Getty Images

Gold set for biggest weekly drop since November: Good time to invest?

The dollar index was set for a weekly gain of 0.7 per cent so far, making greenback-priced gold more expensive for foreign buyers

Ramadan 2025: Dubai authority approves flexible, remote work policy for government employees

The employees are also permitted to work remotely for up to two days a week

Trump team seeks to toughen chip controls over China

Some Trump officials also aim to further restrict the quantity and types of Nvidia chips that can be exported to China without a license

Qatar eyes 3.4% non-oil growth, $100bn FDI by 2030

Qatar govt to get AI boost amid deal with US tech outfit

The deal will allow Qatar’s government to adopt tools such as predictive analytics, automation and advanced data analysis in an effort to streamline operations

Ramadan 2025 - shorter working hours for public sector announced Getty Images e1656577995418

Ramadan 2025: UAE announces shorter working hours for public sector

Ministries and federal authorities will operate from 9 am to 2:30 pm from Monday to Thursday

Elon Musk

Elon Musk wants to ‘delete entire agencies’ from US government

Musk, the world’s richest man, has disparaged civil servants as bureaucrats who are not elected and not held accountable to American taxpayers

Elon Musk - xAI - Grok

Grok 3: This AI chatbot, ChatGPT challenger is to release soon

Grok 3 is outperforming anything that’s been released

UAE cuts visa process from 30 days to five

UAE’s new Blue Visa: Everything you need to know about it

The announcement was made at the World Government Summit 2025, taking place in Dubai from February 11 to 13

World Governments Summit 2025 kicks off in Dubai image courtesy WAM_X

World Governments Summit 2025 kicks off in Dubai

The event will also host thought leaders and experts who will discuss major global trends in more than 200 interactive sessions featuring over 300 global speakers

Dubai: These 4 areas to become car-free zones Image for illustrative purposes image Dubai Media Office

Dubai: These 4 areas to become car-free zones

The initiative to create car-free, pedestrian-friendly areas aligns with Dubai’s 2040 Urban Master Plan, which aims to create a greener, more sustainable urban environment

UAE foreign trade hits Dhs3tn milestone image-WAM

New record: UAE foreign trade hits Dhs3tn milestone in 2024

While global trade grew by only 2 per cent in 2024, the UAE’s foreign trade expanded at a remarkable 14.6 per cent, outpacing the global average by seven times

Therme Dubai: What the world's 'tallest' Dhs2bn resort will offer

Therme Dubai: What the world’s ‘tallest’ Dhs2bn resort will offer

The project will be funded by a consortium of local and international financing partners, with completion anticipated by 2028

Trade wars: China hits US with targeted tariffs after Trump imposes new levies

China’s Finance Ministry said it would impose levies of 15 per cent for US coal and LNG and 10 per cent for crude oil

Trump orders creation of a US sovereign wealth fund (SWF) GettyImages

Trump signs order to create US sovereign wealth fund

The executive order mandates the delivery of a comprehensive plan for the fund’s establishment within 90 days

Modon Holding to acquire Arena Events Group

Modon Holding to acquire Arena Events Group

Arena Events group, which operates in over 10 countries including the US, UK, and Saudi Arabia, has been a key player in some of the world’s largest sporting events