Business

NMC founder B.R. Shetty and former CEO Prasanth Manghat held liable for fraudulent trading
By Emirates247 •Nov 8, 2026
Abu Dhabi: The Abu Dhabi Global Market (ADGM) Court of First Instance has ruled that NMC Healthcare founder B.R. Shetty and the group’s former CEO, P...

Mohammed bin Rashid: UAE foreign trade approaches AED 3 trillion in first nine months of 2026
By Emirates247 •Nov 8, 2026
Dubai: His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, was briefed on Sunday on ...

UAE companies can recover VAT on six employee expense categories under new FTA rules
Nov 8, 2026
Abu Dhabi: The Federal Tax Authority (FTA) has identified six categories of employee expenses on which VAT-registered companies may recover input tax...

From AED50,000 to 3 million: Dubai gets a showroom for humanoid robots
Nov 7, 2026
Yousef Lootah, founder of Lootah Robotics, has revealed the opening of a specialised showroom for humanoid and intelligent robots in Dubai. The facil...

Gulfood Manufacturing 2026 showcases advanced technologies to enhance food security
By WAM •Nov 7, 2026
DUBAI: The 12th edition of Gulfood Manufacturing 2026, which concluded recently at Dubai World Trade Centre (DWTC), highlighted the key role of advan...

flydubai extends suspension of Riyadh and Abha flights until November 16
By Emirates247 •Nov 6, 2026
flydubai has extended the suspension of all flights to Abha and Riyadh until November 16, inclusive, due to the current situation. The airline has ur...

Trump loyalists count billions in losses as Trump Media stock collapses
By Reuters •Nov 6, 2026
NEW YORK/LONDON: By the time Ske Jarzenske cast a third straight ballot for Donald Trump, he had something extra riding on the outcome: his brokerage...

ADNOC signs deal to supply up to 4 million tonnes of LNG to India’s Gujarat Energy
By WAM •Nov 6, 2026
ABU DHABI: ADNOC on Friday signed a long-term Sales and Purchase Agreement (SPA) with Gujarat Energy Ltd to supply liquefied natural gas (LNG) to Ind...

ADIPEC 2026 showcases technologies to improve offshore energy efficiency and reduce costs
By WAM •Nov 5, 2026
ABU DHABI: ADIPEC 2026 is showcasing technologies designed to improve the efficiency of offshore energy projects, enhance operational reliability and...

Emirates Group posts AED4.1 billion half-year profit despite regional conflict and higher fuel costs
By Emirates247 •Nov 5, 2026
DUBAI: The Emirates Group today announced its half-year financial results, posting a profit before tax of AED4.1 billion ($1.1 billion) for the first...

Dubai Financial Market surges 3.95%, its biggest daily gain since April, as market value tops Dh1 trillion again
Nov 5, 2026
Dubai: The Dubai Financial Market closed yesterday’s trading session up by 3.95%, or 229.88 points, the largest daily rise since the session of April...

Dollar slips as Democratic victory stokes AI jitters
By Reuters •Nov 4, 2026
A sweeping victory by Democrats in the US midterm elections sent the dollar lower on Wednesday, as investors weighed the prospect of tighter AI regul...

PepsiCo, Monster marketed with 'energy drink' label to dupe consumers: India
By Reuters •Nov 4, 2026
NEW DELHI: India's food regulator has accused PepsiCo and Monster Beverage of marketing their high-caffeine beverages as energy drinks to "dupe" cons...

Emirates celebrates Diwali with festive treats, dining and entertainment
By Emirates247 •Nov 4, 2026
Dubai: Emirates is bringing the sparkle and spirit of Diwali to the skies, celebrating the Hindu festival of lights with traditional Indian delicacie...

Tesla accused of misleading South Korean buyers over self-driving software
By Reuters •Nov 4, 2026
SEOUL/LOS ANGELES: Tesla has misled tens of thousands of South Korean customers by marketing driver-assistance software that the company knows cannot...

Where Dubai one-bedroom rents fall below AED 46,000
Nov 4, 2026
Dubai: Property Finder’s November “Residential Communities Insights” data shows that tenants in Dubai can find one-bedroom apartments with an average...

Dubai strikes gold this Dhanteras with 1kg up for grabs
By Emirates247 •Nov 4, 2026
Dubai: Dubai, the City of Gold, is adding extra sparkle to Dhanteras, traditionally associated with buying gold and welcoming prosperity, on 6 Novemb...

Emaar plans AED12.5b Emaar Development buyout
By Emirates247 •Nov 4, 2026
Emaar Properties announced its intention to make a voluntary cash offer to acquire up to 100% of the issued and paid-up share capital of Emaar Develo...

Etihad extends Riyadh, Dammam flight cancellations until November 19
Nov 4, 2026
Etihad Airways has extended the cancellation of all passenger and cargo flights between Abu Dhabi and Riyadh and Dammam in Saudi Arabia until Novembe...

DIB Holding sets IPO price at AED1.12 per share
By Emirates247 •Nov 4, 2026
DIB Holding announced on Wednesday that the final price for its initial public offering (IPO) on the Dubai Financial Market (DFM) has been set at AED...

UAE leads AI-driven development of financial services
By WAM •Nov 4, 2026
Dubai: Executives from three global companies specialising in financial technology and banking solutions said the UAE has consolidated its position a...

Musk could gain control through SpaceX-Tesla merger, but not a $1 trillion payday
By Reuters •Nov 3, 2026
Elon Musk’s recent super-sized pay packages at SpaceX and Tesla were centered on some eye-popping goals: creating a 1 million-person human colony on ...

Aramco expanding East-West Pipeline that avoids Hormuz
By Reuters •Nov 3, 2026
Saudi state oil giant Aramco is working to expand a crude pipeline that circumvents the Strait of Hormuz as the world continues to experience the big...

UAE gold prices rise as 24-karat reaches AED 470.50 per gram
By Emirates247 •Nov 3, 2026
Dubai: Gold prices in the UAE rose on Tuesday, with 24-karat gold reaching AED 470.50 per gram, according to the suggested retail gold jewellery pric...

Dubai International leads world airports with 8.94 million scheduled international seats in November
Nov 3, 2026
Dubai: Dubai International Airport maintained its position as the world’s busiest airport for scheduled international capacity in November, with airl...
