Business

Crude oil surges as Brent nears $100 after the US announces an indefinite extension of the ceasefire with Iran

Brent and WTI rise as markets react to Washington’s extension of the Iran ceasefire. Crude oil futures spiked early on Wednesday, with Brent crude rising...

UAE launches new eInvoicing system to improve compliance and streamline business transactions

Tax reporting feature is expected to go live before the planned pilot phase begins in July. Dubai: The Ministry of Finance said on Tuesday it...

DIFC aims to create 25,000 jobs as it seeks to become the world’s first AI-native financial centre

Native AI programme expected to deliver $3.5 billion in economic benefits. Dubai International Financial Centre (DIFC) said it plans to become the world’s first AI-native...

Dubai apartment sells for more than Dh500 million in record off-plan transaction

Luxury penthouse highlights strong demand for ultra-premium homes. Dubai: Dubai’s property market recorded a landmark deal on Monday with the sale of an off-plan residential...

Dubai’s DIEZ records 19.4% revenue growth in 2025, with profit rising 17.8%

More than 5,000 companies fuel growth as DIEZ strengthens Dubai’s investment appeal. Dubai: The Dubai Integrated Economic Zones Authority (DIEZ) reported strong financial results for...

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