Business

UAE delivery firms say riders may pause operations during heavy rains without facing penalties.

Delivery companies emphasize that riders are not obligated to accept orders or ride during severe weather, prioritizing their safety above all. As the UAE prepares...

Gold prices dip sharply as UAE shoppers accelerate purchases to take advantage of favorable rates.

Declining prices attract buyers, though higher rates and oil costs limit gold’s short-term upside. Dubai: Gold’s recent decline has surprised many, especially given elevated geopolitical...

Dubai rises to 7th place globally, reinforcing its position as a leading financial hub.

Dubai’s improved ranking reinforces its status as a global finance hub and boosts investor appeal. Dubai: Reaching seventh place in the Global Financial Centres Index,...

Malabar Gold & Diamonds announces $24M CSR initiative for FY 2026–27, unveiled by Piyush Goyal

Key areas of the initiative include women, health, education, housing, hunger, and environmental conservation. Malabar Gold & Diamonds, the world’s fifth-largest retail jewellery group and...

Mubadala sells stake in AI cooling company for $4.75 billion as data centre demand soars

The exit coincides with rising demand for energy-efficient data centre cooling fueled by AI growth. The sale of Mubadala’s minority stake in CoolIT Systems to...

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