Local News

Oil rallies more than 3% as Strait of Hormuz fears intensify after Iran attacks

Traders brace for possible export disruptions as tensions escalate around the Strait of Hormuz. Oil prices surged in early Asian trading on Wednesday after renewed...

Etihad Rail may help narrow rental price differences across Dubai, though rents are not expected to level out.

Renters are expected to lead the shift, though experts say last-mile transport links will determine demand. Dubai: Etihad Rail could boost the appeal of lower-rent...

Dubai launches new edition of International Holy Quran Award under Sheikh Mohammed’s directives

Dubai invites participants worldwide for new edition of Quran recitation award. Dubai: Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai,...

Sheikh Zayed Summer Festival begins in Abu Dhabi with emphasis on learning, innovation and cultural heritage

Al Wathba welcomes more than 3,000 programmes focused on learning, innovation and entertainment. Abu Dhabi: The Sheikh Zayed Summer Festival 2026 officially opened on Monday...

DFSA proposes sweeping changes to DIFC investment fund rules, the biggest in 16 years

Proposal aims to simplify rules, strengthen investor protections and prepare for tokenised funds. Dubai: The Dubai Financial Services Authority (DFSA) has proposed its most extensive...

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