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Dubai’s prime residential sector reached a new milestone, recording 296 sales of homes priced above $10 million in H1 2026.

Business Staff Writer -
Dubai’s luxury property segment set new records in sales and rentals, while the broader market experienced a softer first half. As Dubai’s property market heads...

Saudi oil exports regain momentum as tankers resume Hormuz crossings despite security risks

Business Staff Writer -
Government-backed tankers revive Saudi oil flows while private fleets steer clear. Saudi Arabia’s crude exports through the Strait of Hormuz have recovered faster than expected,...

Dubai leverages Deutsche Bank’s global network to draw international investors.

Banking Staff Writer -
DET and Deutsche Bank will support investors, family offices, and companies looking to expand their presence in Dubai. Dubai: The Dubai Department of Economy and...

UAE imposes Dh1.82 million fine on foreign bank over delay in issuing liability letter.

Banking Staff Writer -
CBUAE says the branch did not issue a liability letter within the required seven-day timeframe. Abu Dhabi: The Central Bank of the UAE has fined...

Dubai gold buyers see prices ease after hitting a weekend high.

Business Staff Writer -
Gold remains above late-June levels despite opening lower on Monday. Dubai: Gold prices in Dubai edged lower on Monday after remaining steady over the weekend,...
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