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Dubai Islamic Bank records Dh12.4 billion revenue in first half of the year.

Banking Staff Writer -
DIB’s net financing assets grow 7% to Dh281 billion, with pre-tax profit hitting Dh4.3 billion. Dubai Islamic Bank (DIB), the UAE’s largest Islamic bank by...

UAE fuel price outlook: Can petrol prices continue to decline as oil rises above $86?

Business Staff Writer -
Oil prices climb amid fresh Strait of Hormuz tensions, but will UAE drivers see higher petrol prices? Dubai: UAE motorists may need to lower expectations...

Emirates NBD introduces the region’s first real-time USD payments system powered by blockchain technology.

Banking Staff Writer -
Corporate customers can now make real-time USD payments to beneficiaries of J.P. Morgan. Dubai: Emirates NBD has introduced real-time cross-border US dollar payment services for...

Dubai gold prices rise by Dh1, but buyers still benefit from one of the lowest rates recorded in July.

Business Staff Writer -
The price of 24K gold increased by Dh1 on Tuesday after falling Dh18.50 from its July peak. Dubai: Gold prices in Dubai edged higher on...

Levoit introduces the Windi Mini tower fan to help combat the GCC’s intense summer heat.

Business Staff Writer -
Levoit’s portable desk fan addresses urban heat challenges and AC-related sleep disturbances. As temperatures continue to rise across the GCC region — with 2024 marking...
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