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Dana Gas profit rises 72% on higher Egypt production and KRI adjustment.

Business Staff Writer -
Egyptian output returned to growth, while a KRI adjustment boosted first-quarter earnings. Dubai: Dana Gas posted a 72% increase in first-quarter profit, driven by a...

ADNOC L&S raises its 2026 guidance after reporting a profit of $222 million.

Business Staff Writer -
Higher shipping rates helped offset disruptions in the Strait of Hormuz and supported stronger 2026 guidance. Dubai: ADNOC Logistics and Services (ADNOC L&S) has raised...

UAE banks did not request Covid-era-style bailouts during the war, banking chief says.

Banking Staff Writer -
UAE banking sector reports resilient profits and lending despite ongoing tensions. Dubai: Senior banking officials said the UAE banking sector has not sought any Covid-style...

Why purchasing gold in the UAE has now become cheaper for Indian expatriates.

Business Staff Writer -
A hike in India’s gold duty has expanded the price difference with the UAE, prompting GCC jewellers to brace for higher demand. Dubai: India’s move...

Julius Baer has appointed Bryan Stirewalt as its independent non-executive chairman.

Business Staff Writer -
Bryan Stirewalt succeeds Jeremy Parrish, who is stepping down after four years of service. Dubai: Julius Baer Ltd. (JBME) has announced the appointment of Bryan...
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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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