Business

UAE loan rates may rise as escalating Iran–US conflict clouds prospects for next interest rate cut

Rising crude oil prices put central bank policies and household budgets around the world to the test. Dubai: A sharp surge in crude oil prices...

Brent crude climbs above $81 as oil prices surge on fears the Strait of Hormuz could shut amid escalating US-Israel-Iran conflict.

A $120-a-barrel nightmare looms as a US–Israel war with Iran rattles global oil markets. The joint U.S.–Israeli military offensive against Iran has sent shockwaves through...

Saudi Companies Increase Hiring and Salaries Despite PMI Falling to Nine-Month Low

PMI slips to 56.1 as wage costs reach a record high and selling prices rise. “Dubai: Saudi Arabia’s non-oil private sector slowed slightly in February,...

Telegram CEO Pavel Durov calls Dubai safer than European cities; Elon Musk concurs

His remarks come amid regional tensions involving missile and drone interceptions, though authorities have confirmed that security systems remain fully operational. Amid ongoing regional missile...

New York hedge fund CEO looks to expand into UAE market

TR Investments extends global presence from New York to Dubai, aiming at Gulf investors. TR Investments Expands Global Reach from New York to Dubai, Targeting...

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