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Energy markets traded mostly higher on Friday, led by gains in crude oil prices.

Business Staff Writer -
Uneven crude oil pricing contrasted with overall strength across global energy markets. Energy prices were broadly higher in afternoon trading on Friday (May 15, 2026),...

Dubai gold prices fell by Dh7 overnight, pressured by a stronger US dollar weighing on bullion.

Business Staff Writer -
Lower global bullion prices are offering slight relief to jewellery buyers and tourists in the UAE. Dubai gold prices dropped sharply on Friday morning, mirroring...

Masdar and RWE have received planning permission for the 3GW Dogger Bank South offshore wind farm projects.

Business Staff Writer -
Offshore wind farms off the northeast coast of England are expected to bring jobs and economic growth to the Yorkshire and Humber region. Masdar and...

Air Arabia reported a net profit of Dh278 million for the first quarter of 2026.

Aviation Staff Writer -
The multi-hub model and strong cost discipline helped offset the impact of regional disruptions. Air Arabia (PJSC), the Middle East and North Africa’s first and...

UAE residents can now obtain war risk insurance coverage for homes, vehicles, and cargo.

Banking Staff Writer -
Orient Insurance expands protection to cover cargo, homes, and vehicles against war-related risks. Dubai: Comprehensive insurance solutions provider Orient Insurance has expanded its war risk...
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