Business

Oil prices plunge as US–Iran tensions ease following preliminary peace framework

Brent and WTI slide sharply after reduced threat to shipping through the Strait of Hormuz. Global oil prices tumble as Hormuz disruption fears ease amid...

Dubai Confirms Al Maktoum Airport Expansion Progressing Toward 2032 Opening

Dubai’s Al Maktoum Airport Expansion Progresses as Next Major Aviation Hub Takes Shape Dubai: Work on the expansion of Al Maktoum International Airport is progressing...

$400 Million IFFCO Exposure at HSBC Puts UAE Restructuring Talks Under Spotlight

HSBC’s Exposure to IFFCO Draws Attention as Lenders Weigh Major UAE Debt Negotiations. Dubai: IFFCO Group, one of the Middle East’s largest consumer goods companies,...

Dubai gold surges by more than Dh13 per gram following US–Iran peace agreement

The precious metal has been under pressure since the start of the US–Israeli war against Iran in late February, which initially weighed on investor...

Are you falling into a debt trap? Subtle signs many UAE residents ignore

Many consumers in the UAE slip into debt without realising it. Here are key early warning signs—such as relying on BNPL for groceries—that may...

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