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The UAE has called on private joint-stock companies to conduct their annual general meetings by June 30.

Business Staff Writer -
Companies are urged to comply in order to avoid penalties of up to Dh10 million. The Ministry of Economy and Tourism has emphasised that private...

UAE Banks Roll Out Facial Recognition: Key Things Residents Should Know

Banking Staff Writer -
While biometric authentication is generally considered more secure than OTPs, rapid advances in AI technology are also making it easier for malicious actors to...

UAE Gold Market Sees Softening Prices as Rates Slide to June Lows

Business Staff Writer -
Dubai gold prices slipped to their lowest level in June, with 24K trading at Dh519.75 per gram and 22K at Dh481.25 per gram. Dubai: Gold...

Oil Prices Rise Above $95 on Supply Fears and Demand Outlook

Business Staff Writer -
Crude Hovers Near $100 as Investors Weigh OPEC+ Moves and Peak Summer Consumption. Oil prices climbed sharply in Asian trading on Monday, pushing benchmark crude...

UAE Borrowers Shouldn’t Anticipate Lower Interest Rates Next Week

Banking Staff Writer -
Robust US economy makes June rate cut in UAE less likely. Dubai: Expectations of lower borrowing costs have weakened after a stronger-than-expected US jobs report...
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