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Economy

Remittance Alert: Indian, Pakistani, and Philippine currencies slide, increasing Dirham purchasing power.

Economy Staff Writer -
Quick look at current exchange rates - as of February 3 - against the UAE dirham Planning on remitting Indian rupee, Pakistan rupee or Philippine...

10-year UAE ‘Golden’ trade license: A great boost to business in Dubai

Economy Krishna Kumar -
With 10-year licenses, business owners can hope for lower costs - and longer term clarity The UAE already has a 10-year Golden Visa programme...

Saudi-backed Lucid Motors sinks after cutting production goal on commodity woes

Economy Harry Hackel -
The luxury electric car manufacturer dropped its 2022 target from 20,000 to maximum 14,000 amidst logistic and supply chain challenges Lucid Group Inc. slumped after...

Sheikh Abdullah bin Zayed and UK Foreign Secretary Liz Truss discuss co-operation

Economy Harry Hackel -
The foreign ministers spoke about the historic relations between the two countries and strategic ties. Sheikh Abdullah bin Zayed, Minister of Foreign Affairs and International...

Russia-Ukraine crisis: Top UAE official calls for diplomacy, political solution.

Economy Harry Hackel -
Abu Dhabi: The UAE has called on Russia and Ukraine to adopt diplomacy and sit at the negotiation table to find a political settlement...
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Air India has suspended and reduced several international flights until August 2026 amid rising operational costs.

Aviation 0
Routes across North America, Europe, and Asia have been...

Saudi Arabia has called for the sighting of the Dhu Al Hijjah moon on May 17.

UAE News 0
The crescent moon is expected to be visible to...

Four expatriates have died from carbon monoxide poisoning inside a vehicle in Oman.

UAE News 0
The victims died from suffocation after inhaling toxic gases...

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