Economy

A Unified Identity for Seven Emirates The UAE has taken a significant step toward positioning itself as a single, cohesive tourism destination with the launch of two major...

A Sharp Dip, Followed by a Rapid Rebound Hilton has confirmed it will continue an aggressive expansion drive across the Middle East, even after the hospitality giant absorbed...

UAE Mirrors Washington's Latest Move The UAE Central Bank moved swiftly this week to raise its Base Rate applicable to the Overnight Deposit Facility by 25 basis points,...

UAE Holds Interest Rates Steady as Conflict-Driven Inflation Risks Persist The Central Bank of the UAE has maintained its benchmark interest rate, keeping the base rate applicable to...

UAE Motorists Face Higher Bills as September Fuel Prices Rise Across the Board The UAE Fuel Price Committee has confirmed higher retail rates for petrol and diesel for...

Sharjah Raises Minimum Living Standard to Dh20,000 in Major Welfare Overhaul His Highness Dr Sheikh Sultan bin Muhammad Al Qasimi, Member of the Supreme Council and Ruler of...

Dubai, Abu Dhabi Join Elite List of Cities Reshaping the Global Economy Dubai and Abu Dhabi have been singled out as two of the world's 28 "contender" cities...

Crude Prices Stay High as Hormuz Tensions Keep Markets on Edge Oil markets remained jittery today as prices held near multi-month highs following a sharp rally driven by...

Sharjah Sets New Bar for Government Pay With Dh20,000 Living Standard In one of the more consequential domestic policy moves to come out of the UAE this month,...

Abu Dhabi Fund Bets Big on China's Coffee Boom Abu Dhabi sovereign wealth fund Mubadala Investment Company has agreed to make a significant minority investment in Luckin Coffee,...