Business

Dubai Residential REIT approves Dh573 million payout as profits climb 15%

Dubai Residential REIT declares 4.4 fils per unit interim payout, with occupancy reaching 98.6%. Dubai Residential REIT has approved an interim cash dividend of Dh573.2...

Former IATA chief Willie Walsh takes the helm at IndiGo as airline faces a challenging period

Experienced aviation executive takes charge of IndiGo’s international expansion and future growth plans. Dubai: Former International Air Transport Association (IATA) Director General Willie Walsh has...

Dubai gold prices rise again after a turbulent July: What buyers can expect to pay today

Dubai gold prices rise after a volatile July, leaving jewellery buyers facing higher costs. Dubai: Gold prices rose on Monday morning, increasing costs for jewellery...

UAE flight updates today: Emirates, Etihad and Air Arabia announce cancellations and revised Gulf route schedules.

Peak summer travel prompts flight schedule changes; passengers advised to check for the latest updates. Passengers travelling to and from the UAE are advised to...

Oil prices plunge nearly 5% as Trump calls off Iran strike; Brent falls below $84

Oil prices slide as US-Iran tensions ease and hopes grow for Hormuz reopening. Oil prices fell sharply on Monday, with both US crude and Brent...

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