Remittances from the UAE have remained largely steady in the first quarter of 2026, with a slight increase to some countries due to favourable exchange rates, according to leading UAE currency exchange companies.

Amazon announced on Tuesday that it has reached an agreement to purchase the US telecommunications satellite company Globalstar, aiming to expand its space-based internet infrastructure and compete with Elon Musk's Starlink.

RAKBank announced on Monday its strongest quarterly performance ever in the first three months of 2026, reporting a profit after tax of Dh1 billion, a 43 percent increase year-on-year, driven by growth in its balance sheet, expanding margins, and a one-time gain from an asset sale.

Dubai’s property market is rising at a pace few global cities can match, but analysts say the current upswing is being driven by structural demand rather than speculative excess.

Dubai’s luxury property market achieved a new record, reaching 500 homes valued at $10 million in 2025, including a record 68 homes being sold worth more than $25 million, according to the property consultancy Knight Frank.This is compared to 435 luxury homes of $10-million-plus being sold in 2024 and 46 uber-luxury homes of $25 million-plus valued changing hands during the year.Faisal Durrani, partner and head of research for Mena at Knight Frank, said there is a huge appetite among regional an

The Indian rupee's record low against the UAE dirham and the US dollar's mixed bag of fortunes has resulted in a price drop in some goods. However, rising production and transportation costs in India often outweigh the currency advantage.The Indian rupee has hit an all time low against the Emirati currency and the US dollar, reaching 24.6 against the dirham and 90.4 against the greenback.Shuaib Alhammadi, director of community relations, Union Coop, said this is an opportunity to import more fro

The Indian rupee declined to a record low on Thursday (Dh24.53), deepening its fall past the 90-per-dollar mark as corporate dollar sales and the lack of tangible progress towards a trade deal with the US hurt Asia's worst-performing currency.The rupee has fallen more than 5 per cent against the dollar in 2025, as US tariffs of up to 50 per cent on Indian goods have hurt exports to the country's biggest market and have diminished the appeal of local equities.Foreign investors have pulled out nea

The way UAE residents manage and understand their credit is undergoing a major transformation with Etihad Credit Bureau (ECB) rolling out sweeping reforms designed to give customers more control over their financial data and a clearer view of how their credit behaviour shapes opportunity.

Every new year begins the same way.

Business activity across the UAE’s non-oil private sector closed 2025 on a strong footing, underlining the economy’s resilience and breadth as firms continued to benefit from firm demand, supportive government policies and sustained domestic and international interest.

India's economy is expected to grow 7.4% in the fiscal year ending in March, the National Statistics Office said on Wednesday, above the government's initial projection of 6.3%-6.8%.India's first advance estimate of gross domestic product (GDP), which will undergo revisions over time as data coverage improves, will be used as a base for the federal budget due to be announced on February 1.The Indian economy grew 6.5% in 2024/25 and 9.2% in 2023/24.In nominal terms, which factor in inflation, the

Gold prices hit a new record in Dubai and globally as the 24K price hit Dh550 per gram at the opening of the market on Monday.The Dubai Jewellery Group data showed 24K jumping Dh7 per gram to Dh550.25, while the 22K gold price rose Dh6.5 to Dh509.5 per gram on Monday morning.Similarly, the 21K gold price rose to Dh488.75, 18K to Dh418.75 and 14K to Dh326.75 per gram.Stay up to date with the latest news. Follow KT on WhatsApp Channels.Globally, spot ‍gold broke ⁠above the psychological milestone

For many people‭, ‬2025‭ ‬felt like a year the crypto market should have soared and didn’t‭. ‬Markets lagged‭, ‬prices disappointed and we started to rethink once sacred rhythms like the four year cycle‭. ‬Some analysts suggested a 5.4‭ ‬year pattern‭ (‬with hope for a final run at the bull market after all‭), ‬while others argued cycles might be replaced‭ ‬altogether by a market shaped more by institutions than solo traders‭. ‬At the same time‭, ‬by the end of the year my social media‭ ‬feeds were filled with people talking about how 2025‭ ‬was the year of the snake in Chinese zodiac‭, ‬and that in February‭, ‬we pass‭ ‬into the year of the Fire Horse‭. ‬So what if 2025‭ ‬was an important transition year‭, ‬where crypto shed its Wild West reputation like a snake sheds its skin‭, ‬in the direction of structural maturity and widespread adoption‭, ‬under the auspices of the Fire Horse’s energy‭, ‬enthusiasm and speed‭? ‬Either way‭, ‬markets are up despite geopolitical uncertainty‭, ‬an interesting development‭, ‬considering the impact of incidents in the past‭. ‬And 2026‭ ‬is shaping up to be very interesting indeed‭. ‬Here are six things I’m looking forward to‭:‬

Cryptocurrency markets are entering 2026 on a footing of growing maturity, setting the stage for a year where digital assets increasingly anchor real-world use, deepening institutional roots and supporting their role as a strategic macro hedge.As Devika Mittal, South Asia Head at Ava Labs, observes, “2026 feels like the year crypto grows up. The market will move beyond pure price swings toward real utility, driven by clearer regulation, deeper institutional involvement, and more reliable infrast

India proposes requiring smartphone makers to share source code with the government and make several software changes as part of a raft of security measures, prompting behind-the-scenes opposition from giants like Apple and Samsung.The tech companies have countered that the package of 83 security standards, which would also include a requirement to alert the government to major software updates, lacks any global precedent and risks revealing proprietary details, according to four people familiar

January is traditionally an exciting month for Samsung fans, as it usually signals the arrival of the next-generation Galaxy S series. In 2026, however, the wait is slightly longer than usual. The much-anticipated Samsung Galaxy S26 series, led by the Galaxy S26 Ultra, is expected to debut a few weeks later than Samsung’s typical January schedule.

[Editor's Note: Follow Khaleej Times' live blog for real-time updates on the protests in Iran]According to the Dubai Airport website, at least 17 flights have been cancelled from Dubai to various Iranian cities including Tehran, Shiraz and Mashhad. A Flydubai spokesperson told Khaleej Times that all its flights to Iran on Friday (January 9) have been canceled. “We are in direct contact with passengers whose travel plans have been affected,” the spokesperson said. “We will continue to monitor the

Abu Dhabi-based Etihad Airways carried 22.4 million passengers in 2025, an increase of 21 per cent year-on-year and the highest annual total in its history.The UAE national carrier’s passenger load factor in 2025 reached 88.3 per cent, up two percentage points compared with 2024, reflecting strong commercial performance throughout the year.The increase in passenger traffic was driven by sustained demand and disciplined capacity growth across its expanding global network..In December 2025 alone,

Emirates Integrated Telecommunications Company PJSC (du) on Thursday reported a solid financial and operational performance for the third quarter of 2025, underpinned by strong commercial momentum, disciplined execution, and strategic investments in high-growth areas.The telecom operator posted a 7.9 per cent year-on-year increase in revenues, reaching Dh3.87 billion for the quarter, driven by robust growth across its mobile, fixed, and ICT segments. Net profit rose to Dh732 million, marking a 1

The mobile services sector in the UAE is set for a steady advance over the rest of the decade as demand for high-volume data plans and widespread 5G adoption reshape how consumers and businesses use mobile networks. According to new modelling by analytics firm GlobalData, mobile service revenue in the UAE is projected to grow at a compound annual growth rate (CAGR) of 4 per cent between 2025 and 2030 — a shift driven by rising data consumption even as traditional voice revenue continues to decli

Oil prices are drifting lower with a stubborn sense of inevitability, weighed down by swelling supply and an unconvincing geopolitical risk premium, even after the shock of a US strike in Venezuela.From Wall Street to Mumbai, analysts are converging on a view that crude could revisit levels last seen during periods of acute oversupply, with Brent flirting with $50 a barrel by mid-year and struggling to mount a durable recovery.The immediate drag is Opec+ itself. After years of restraining output

Oil prices steadied on Friday as concerns about potential disruption to Iran's output were offset by expectations of increased supply from Venezuela.Brent futures gained 18 cents, or 0.3 per cent, to $62.17 per barrel by 1005 GMT, while US West Texas Intermediate (WTI) crude climbed 17 cents, or 0.3 per cent, to $57.93.Both benchmarks climbed more than 3 per cent on Thursday, following two straight days of declines. For the week, Brent is on track to climb 2.3 per cent, while WTI has gained 1 pe

Airbus CEO Guillaume Faury conceded likely defeat in the annual order race against Boeing on Wednesday, saying it was possible Boeing would win for the first time in six years, helped by settlements over U.S. tariff disputes.Airbus remains ahead of its U.S. rival in deliveries and the pipeline of outstanding orders, Faury told France Inter. Buoyed by strong demand for its 787 long-haul jet, Boeing on Wednesday posted 908 net orders after cancellations between January and November, compared with

A flurry of multi-billion-dollar deals has bankers and advisers from Wall Street to Canary Wharf packing laptops next to presents and warning family and friends their holiday vacations over the next two weeks will be cut short. There have been $463.6 billion in mergers and acquisitions announced this month, 30% more than last year, including Trump Media Technology Group's $6 billion merger with nuclear fusion firm TAE Technologies, IBM's $11 billion purchase of data infrastructure company Confl

Abu Dhabi will invest Dh240 billion ($65.4 billion) over the coming years in infrastructure development, with a strong role for private-sector entities, as the emirate sees its population doubling by 2040, a senior official said on Monday.“A lot of people think infrastructure is construction, but it touches a lot of different economic sectors — hospitality, healthcare, education, construction and transportation, etc. When the government actually pumps a lot of investment into infrastructure and

In a significant move that highlights the UAE’s growing importance as a regional energy and logistics hub, YKI – YongKang International Trading Co Ltd, a Taiwan-founded enterprise with advanced production capabilities in China, has officially expanded its operations into the UAE

India’s markets regulator has accused a Bank of America (BofA) unit of violating its insider trading rules and breaking internal "Chinese walls" in connection with a 2024 share sale, a notice showed.The notice followed a Securities and Exchange Board of India (SEBI) investigation into the conduct of the bank's domestic securities unit in managing a March 2024 stock sale of Aditya Birla Sun Life Asset Management (ABSL AMC).The investigation found the bank's deal team, while holding unpublished pr

Aldar has successfully priced its $1.0 billion subordinated dated hybrid notes. The transaction attracted robust demand from a global institutional investor base, underscoring confidence in Aldar’s credit profile, and earnings outlook as it continues to deliver on its transformational growth strategy.Proceeds from the issuance are intended to support the continuation of Aldar’s growth agenda and its strategic priorities, including landbank replenishment, expansion of its develop-to-hold portfoli

For over a century‭, ‬Bentley has embodied a blend of stateliness and raw ability‭, ‬earning its place in novels‭, ‬films and countless‭ ‬celebrity garages‭. ‬Among its coupés‭, ‬sedans and SUVs‭, ‬it is the Flying Spur we focus on today‭, ‬now the brand’s flagship following the Mulsanne’s retirement‭. ‬Fortune struck when I was handed the keys to a nearly Dh2‭ ‬million 2025‭ ‬Bentley Flying Spur Speed to experience its‭ ‬craftsmanship and performance‭. ‬

Brussels' proposal to abandon a 2035 deadline for a total shift to fully electric driving allows Europe's legacy carmakers more time to sell hybrids, but for the longer term, EVs are still the future, analysts and experts said.Last month, the European Commission published plans to abandon an effective 2035 ban on combustion engine cars, after lobbying from the region's auto sector, helping them better compete against fast-moving Chinese rivals.Plug-in hybrids, range-extended EVs, which use a sma

The UAE is one of the fastest-expanding eCommerce markets in the region, with online retail continuing to gain momentum year after year. For entrepreneurs, launching an online business may seem straightforward, but sustaining growth in such a competitive environment requires much more than just listing products and waiting for sales to happen.Many new business owners focus heavily on profits from day one. While revenue is important, long-term success depends on a combination of operational, tech

Starting a small business in the UAE can be exciting, but it often comes with high initial costs. From company registration to office setup, equipment, and marketing, expenses can quickly add up. Even with careful planning, new entrepreneurs often find themselves spending tens of thousands of dirhams in the first year.The key to success is managing these expenses wisely. By finding smarter alternatives, you can stretch your budget without compromising quality or growth potential. Here are some p

Where bricks and mortar transform into your personal wealth engine - discover the smarter way to invest in tomorrow's lifestyle today

Where visionary design meets emotional resonance, crafting a narrative in every exquisite detail

Dubai welcomes an unprecedented fusion of luxury residences and cutting-edge wellness technology at the heart of its financial district

The Indian rupee extended its losing streak on Wednesday, pressured by robust dollar demand from importers making month-end payments and declining hedging costs that made bearish bets on the currency more attractive.

A financial wave is sweeping across Asia as digital remittances from Gulf nations surge, driven by favorable exchange rates and tech-savvy expatriates capitalizing on weakening home currencies.

Consumers in the UAE are about to enjoy significant savings on Indian imports as the dirham's recent surge against the rupee promises to bring down prices across supermarkets and retail stores, according to market experts.

When you mention cryptocurrency investment to friends, you'll likely hear the same skeptical responses: "It's not real money," "Just a bubble," or "Only criminals use it." After nearly a decade in this space, I've heard every superficial criticism. The reality? Crypto is legitimate – but mastering it requires serious work.

Just like clockwork, we pay bills, dine with friends, and manage countless monthly routines without a second thought. But what if you could make growing your wealth just as effortless? By turning savings into a monthly ritual—whether at month-end or payday—you'll unlock financial freedom sooner than you think. Future-you will thank present-you for this simple yet powerful shift. The 21-Day Wealth Hack Let's face it: Starting is the hardest part. Like that first gym session after years of couch-

Plastic money has become second nature - we swipe for coffee, tap for groceries, and wave our phones at checkout without a second thought. But behind the convenience lies a financial minefield most cardholders don't fully understand. From sneaky interest charges to missed reward opportunities, here's your ultimate guide to mastering your credit card. The Shocking Truth About Interest Rates Did you know UAE credit cards charge between 2-4% monthly interest? That compounds to a staggering 24-48%

The European Central Bank is urging caution against excessive policy responses to the euro zone's current below-target inflation, with one of its top officials predicting a natural rebound in price growth. In an exclusive interview with Reuters, ECB Governing Council member Boris Vujcic argued that the central bank shouldn't attempt "precision surgery" on minor inflation fluctuations after cutting rates for the eighth consecutive month. While Thursday's rate reduction came alongside projections

The United Arab Emirates is poised for significant economic expansion in the coming years, with the World Bank substantially upgrading its growth projections through 2027. The nation's diversified economy continues to show remarkable resilience against global headwinds. In its newly released Global Economic Prospects report, the World Bank revised its UAE GDP forecasts upward by substantial margins - increasing the 2026 projection by 0.6 percentage points to a robust 4.6%, while boosting the 202

In a major development for global trade, President Donald Trump announced Wednesday that the United States and China have finalized a comprehensive trade agreement following intensive negotiations in London. The breakthrough comes after months of escalating tensions that threatened to derail economic relations between the world's two largest economies. The President revealed key details through his Truth Social platform, stating: "Our deal with China is done, subject to final approval with Presi

This groundbreaking platform is reshaping the entire food service ecosystem - empowering hotels, delighting guests, and nurturing culinary talent across the Kingdom

Explore how HIMA Group is transforming risk management through digital safety innovations that boost efficiency while protecting what matters most #SafetyInnovation

The U.S. dollar extended its decline on Thursday as markets increasingly priced in Federal Reserve rate cuts later this year, while ongoing trade tensions continued to cloud the global economic outlook. President Trump signaled flexibility on trade deadlines Wednesday, suggesting he might extend the July 8 cutoff for negotiations with certain countries. However, he warned that the U.S. would soon outline proposed trade terms to dozens of nations, leaving them to either accept or reject the offer

London's financial markets witnessed a frenzy of dealmaking this week as global corporations and private equity firms raced to acquire British companies at bargain prices. Monday alone saw over $10 billion in takeover bids - the busiest single day this year according to Dealogic data - signaling renewed confidence in UK assets after months of market volatility. Market analysts suggest the buying spree reflects perfect timing, with depressed UK valuations coinciding with relative currency stabili

Gold prices in the UAE saw a minor dip as trading began on Monday, though values stayed close to their highest levels in two months due to ongoing geopolitical tensions between Israel and Iran.

The memory still makes my palms sweat. There I was in my early 40s, sitting across from a financial advisor in Dubai, completely unprepared for the emotional gut-punch that was coming. I'd built a successful career abroad, earned good money, and finally felt ready to secure my future. Then she took out a pen.

Investing in cryptocurrency should be exciting, but for many of us, it's more like navigating a minefield blindfolded. No matter how much I learn, the process never feels simple or secure. After years of sticking to major exchanges, I finally dipped my toes into decentralized platforms—only to realize I was completely out of my depth. Every transaction leaves me second-guessing myself, acutely aware that one wrong move could mean irreversible losses with no customer service hotline to call. The

In a landmark collaboration set to reshape the technological landscape, E& Enterprise, the digital transformation powerhouse of global technology conglomerate e&, is significantly expanding its strategic alliance with Microsoft. This strengthened partnership places artificial intelligence at the forefront of regional development, with both tech leaders committing to accelerate AI adoption through cutting-edge solutions tailored for key markets throughout the Middle East, North Africa and Turkey (MENAT) region.

The stage is set for the region's premier cybersecurity gathering - FutureSec Summit 2026, poised to transform Dubai into a global hub for digital defense innovation on June 25. Organized by Khaleej Times, this landmark event will unite industry pioneers, AI experts, and infrastructure specialists around the critical theme of 'Innovation, Resilience and Ethical Vigilance'. As digital threats evolve at unprecedented speed across Middle Eastern networks, FutureSec emerges as the definitive platfor

The debate is over. After years of speculation, Apple's latest operating system — iPadOS 26 — transforms the iPad into something extraordinary: not just a tablet, but a full-fledged computing powerhouse that redefines what mobile devices can achieve.

[Editor's Note: Follow our live blog for all the latest updates on the Ahmedabad plane crash.] In a heartfelt response to today's devastating aviation disaster, Tata Group has pledged Rs10 million in compensation to each family who lost loved ones in the Air India flight tragedy. The catastrophic incident occurred moments after takeoff when the London-bound aircraft carrying over 240 passengers and crew plunged into a medical college compound. Emergency responders rushed to the scene as smoke b

Passengers departing from UAE airports experienced a wave of unease on Thursday following reports of an aircraft accident at Ahmedabad's airport. While the unsettling news cast a shadow over travel plans, many determined flyers opted to proceed with their journeys despite lingering concerns. Among those affected was Shah, a Sharjah-based gold merchant preparing for his evening flight when the alert flashed across his smartphone screen. In the midst of finalizing gift purchases and last-minute pa

Hundreds of households across Dubai and Sharjah experienced frustrating internet disruptions on Saturday, with many residents taking to social media to voice their concerns about the unexpected service outage.

The United Arab Emirates has once again positioned itself at the forefront of technological innovation as e& UAE, the telecommunications division of e&, unveiled a groundbreaking achievement - the world's fastest aggregated 5G-Advanced speed reaching an astonishing 62 Gbps. This historic milestone was announced just before the commencement of GITEX Global 2024, setting new benchmarks in global connectivity.

Emirates Integrated Telecommunications Company PJSC (du) has unveiled exceptional financial results for the third quarter of 2024, showcasing remarkable growth across all key metrics. The telecom leader reported a stellar 9.1% revenue increase and an impressive 16.9% surge in EBITDA, achieving its highest-ever quarterly EBITDA margin of 48.3% since company inception.

Sharjah's central region is now brighter and more energy-secure than ever before, thanks to a sweeping power grid upgrade that has energized over 15 strategic locations. This ambitious infrastructure project promises to deliver uninterrupted electricity to fast-growing communities while supporting the emirate's expanding economic zones.

Dubai is making significant strides in renewable energy as the Mohammed bin Rashid Al Maktoum Solar Park reaches an impressive total capacity of 3,860 megawatts (MW). This world-class facility combines cutting-edge photovoltaic (PV) solar panels with concentrated solar power (CSP) technology to deliver clean electricity at scale.

Shares of Ola Electric, India's leading e-scooter manufacturer, plummeted 9% on Monday following a heated online exchange between the company's founder and a popular comedian. The controversy has reignited concerns about customer service issues at the SoftBank-backed firm, which is already grappling with declining sales. The firestorm began when Indian stand-up comic Kunal Kamra shared an undated photo with his 2.4 million Twitter followers showing dozens of dust-covered Ola electric scooters pa

The iconic American casual dining chain TGI Fridays has officially filed for Chapter 11 bankruptcy protection, the company announced on Saturday. The move comes after years of financial difficulties and a failed acquisition deal with UK-based Hostmore.

Commuters in Dubai can now enjoy significantly faster travel times following the completion of major traffic enhancements on E311 (Sheikh Mohamed bin Zayed Road) by the Roads and Transport Authority (RTA). The improvements have more than halved journey durations for thousands of daily travelers.

Dubai is set to revolutionize access to one of its most iconic shopping destinations with a major infrastructure overhaul. The Roads and Transport Authority (RTA) has greenlit an ambitious Dh165 million project to enhance road networks around Mall of the Emirates, promising smoother journeys for millions of visitors.

Dubai's Roads and Transport Authority (RTA) has unveiled an ambitious road infrastructure project in Al Awir 1 that promises to transform traffic movement and enhance safety for motorists. The announcement, made on Sunday, outlines comprehensive upgrades designed to streamline connectivity across the area. The centerpiece of this initiative involves constructing 16.5 kilometers of new internal roads that will significantly improve local accessibility. In addition, the RTA will implement a strate

The UAE's small and medium enterprises (SMEs) are proving their mettle once again, demonstrating remarkable adaptability in the face of economic challenges. While navigating rising operational costs, corporate tax implementation, and higher borrowing expenses, these business powerhouses continue to chart a course of steady growth and optimism. RAKBank's newly released SME Confidence Index paints an encouraging picture for the sector. The comprehensive study, conducted in collaboration with RFI G

The United Arab Emirates is rapidly transforming into the world's most dynamic wealth destination, outpacing traditional financial centers with its irresistible combination of tax advantages, cutting-edge infrastructure, and unparalleled lifestyle offerings for the global elite.

From humble garage beginnings to dominating both racetracks and city streets, Mercedes-AMG has spent 58 years perfecting the art of blending luxury with raw performance. The all-new 2026 Mercedes-AMG E 53 Hybrid 4MATIC+ represents the latest evolution of this legacy - a technological tour de force that promises electrifying acceleration without compromising refinement. But does this plug-in powerhouse live up to the storied AMG nameplate?

The United Arab Emirates has set an ambitious goal: half of all vehicles on its roads should be electric by 2050. But current projections paint a challenging picture. According to PwC researchers, only 15% of cars are expected to be EVs by 2030 - leaving just two decades to more than triple that number.

Decades ago, Porsche enthusiasts craving the iconic 911's performance but needing family-friendly space faced a dilemma—until the German automaker secretly developed the 989 prototype between 1988 and 1991. This groundbreaking four-door sports sedan never reached production, leaving a void that would finally be filled in 2009 with the revolutionary Panamera. Today, we test the third-generation masterpiece—the Panamera 4S E-Hybrid—starting at Dh527,900.

Academy Award winner brings cinematic prestige to the grand unveiling of Mr. Eight Development's latest architectural masterpiece on Dubai's waterfront

The ultra-luxury waterfront destination now features private parks, a premium Marina Yacht Club, and an innovative floating pavilion, setting new standards for elite living.

Where cutting-edge design meets serene coastal living in Dubai's most exclusive new address

Iconic fashion brand partners with ANAX Developments to bring Parisian elegance to Dubai's waterfront

The Reserve Bank of India (RBI) reportedly intervened in currency markets on Tuesday to stabilize the rupee, which faced downward pressure from weakening global risk sentiment and dollar demand linked to expiring non-deliverable forward (NDF) contracts, according to five market traders.

The Indian rupee staged an impressive rally on Friday, breaking through the psychologically important 85 barrier against the US dollar as global markets reacted violently to escalating trade tensions. The currency's surge came amid a perfect storm of falling oil prices and a collapsing dollar index.

Asian currencies surged on Monday, with the Indian rupee leading gains, as the US dollar extended its decline following controversial remarks by former President Donald Trump about Federal Reserve leadership. The rupee climbed to an early high of 85.0525 (Dh23.1750) before settling at 85.1125 (Dh23.1914), marking a healthy 0.3% daily gain against the weakening greenback. Trading floors buzzed with speculation about potential Reserve Bank of India intervention, though market participants noted s

Ever stared at your bank statement at month's end wondering how your salary vanished into thin air? Welcome to the club! From fresh graduates navigating their first paychecks to parents balancing school fees and household expenses, we all face the same financial mystery: How does our hard-earned money disappear so quickly? The secret lies in two powerful money habits: tracking every dirham and creating a smart spending plan. But let's bust the biggest budgeting myth right now - this isn't about

Artificial intelligence is revolutionizing how we live and work, with hundreds of AI tools flooding the market. Yet none has captured global attention quite like ChatGPT, boasting a staggering 400 million weekly users. This versatile chatbot isn't just for answering questions—it's becoming an indispensable tool for savvy consumers looking to stretch their dollars further. But can it really help you save money? Let's explore its money-saving superpowers.

For many, retirement seems like a distant dream - but in reality, it's a financial goal that demands immediate attention, especially for those eyeing an early exit from the workforce. While the UAE offers exceptional lifestyle benefits, its pension system for expatriates remains a work in progress. Mike Coady, CEO of Skybound Wealth and veteran financial advisor to global expats, delivers a sobering reality check: "The UAE doesn't automatically provide pensions for most expats. No safety net awa

Britain's economy experienced its sharpest monthly contraction in seven months during April, as the aftershocks of sweeping US tariffs reverberated through international markets, according to official statistics released Thursday.

India's central bank is set to introduce stricter controls on foreign remittances by resident Indians, including a ban on holding fixed-term foreign currency deposits abroad, according to two government officials familiar with the matter. The Reserve Bank of India (RBI) will revise existing regulations to close loopholes that currently allow individuals to transfer money overseas for parking in time deposits or interest-bearing accounts, one official revealed. "This practice essentially enables

The Gulf Cooperation Council (GCC) is bracing for a potential slowdown in Foreign Direct Investment (FDI) flows in 2026 after ten consecutive years of expansion, but the United Arab Emirates continues to shine as the region's undisputed investment champion. A groundbreaking report from S&P Global Market Intelligence reveals that multiple global factors—from shifting US trade policies to fluctuating oil prices and delayed economic diversification initiatives—are creating perfect storm conditions

The United Arab Emirates has achieved a landmark economic milestone, with its real gross domestic product (GDP) expanding by an impressive 4.0 per cent in 2024 to reach Dh1.776 trillion. This robust growth highlights the nation's remarkable economic resilience and the accelerating momentum of its non-oil sectors amid global economic challenges. Fresh statistics from the Federal Competitiveness and Statistics Centre (FCSC) reveal that non-oil activities now dominate the national economy, contribu

For nearly a century, Al Zain has been crafting exquisite jewelry that beautifully blends traditional Arabian craftsmanship with contemporary design

From visionary beginnings to regional dominance: How SARA Group became the gold standard for home and bathroom solutions across the Middle East

At the cutting edge of educational innovation, ETS leverages decades of research to empower learners worldwide through groundbreaking assessment solutions.

As the mercury rises in Dubai, so does the glittering demand for gold and diamond jewellery. With summer vacations approaching, expatriate communities are flocking to jewellery stores across the emirate, seeking the perfect gifts to carry home - from wedding presents to milestone celebrations.

Gold prices in Dubai witnessed a sharp rise of Dh4 per gram on Friday, nearing previous record highs as investors flocked to the precious metal amid escalating geopolitical tensions.

Investors are holding their breath this week as the Federal Reserve faces its toughest challenge yet - navigating between a cooling job market and stubbornly high inflation that continues to hover above target levels. This delicate balancing act could determine whether the recent stock market rally has legs or is headed for a reality check. The S&P 500 has staged an impressive comeback over the past two months, clawing back losses from April's "Liberation Day" shockwaves. But Friday's global mar

Meet Haider Rafique - the strategic mastermind transforming OKX into a household name across global markets. As Managing Partner and Chief Marketing Officer of one of the world's leading cryptocurrency exchanges, Rafique has perfected the art of high-impact partnerships that transcend industries from elite sports to cultural institutions.

The future of medical research is being rewritten before our eyes - and it's happening through an unlikely marriage between blockchain technology and scientific discovery. Last week, a viral TikTok interview with Chris Crecelius, founder of AxonDAO, revealed how Web3 is creating radical new possibilities for both researchers and everyday people. Crecelius has been at the forefront of medical innovation since 2013, long before cryptocurrency entered mainstream consciousness. His latest venture th

The United Arab Emirates is witnessing a digital currency transformation as cryptocurrencies move from investment vehicles to everyday payment solutions. Industry leaders predict residents could soon be settling utility bills, grocery purchases, traffic violations - even receiving their paychecks - entirely in crypto as digital payments gain widespread acceptance.

The cryptocurrency market is displaying a fascinating mix of strength and turbulence this week, with Bitcoin maintaining crucial support levels despite recent profit-taking activity. After weathering last week's selloff, digital assets appear to be stabilizing as traders assess the next potential moves.

In a groundbreaking move, OpenAI has partnered with legendary designer Jony Ive, the creative mastermind behind Apple's iconic iPhone, to develop what could become the most innovative AI device the world has ever seen.

In a landmark move set to transform Australia's digital landscape, Amazon has unveiled plans to invest a staggering A$20 billion (US$12.97 billion) between 2026 and 2029 to dramatically expand its data center operations across the country. This strategic investment represents Amazon's single largest technology commitment in Australia to date, positioning the nation as a key player in the global artificial intelligence revolution.

Dubai South is poised for a major real estate boom, with property prices projected to jump by an impressive 15-20% in the coming months. The driving force behind this surge? The massive Dh128 billion ($35 billion) expansion of Al Maktoum International Airport, which is transforming the area into one of the UAE's hottest investment destinations. New data from Betterhomes reveals explosive growth in the market, with property transactions surpassing Dh15 billion in just the first five months of 202

In a story that defies all odds, Viswash Kumar Ramesh emerged as the lone survivor from the tragic Air India flight that crashed in Ahmedabad on Thursday, claiming 241 lives. The British national's miraculous escape has captured global attention as investigators piece together what happened during those fateful moments after takeoff.

[Editor's Note: Stay informed with our live coverage of the latest developments in regional tensions.]

[Editor's Note: Stay informed with our live coverage of regional developments.]

In a groundbreaking move to promote child digital safety, UAE telecom giant e& (formerly Etisalat) has unveiled a specialized SIM card tailored specifically for young users, empowering parents with unprecedented control over their children's online experiences. The innovative Kids SIM solution offers two budget-friendly monthly packages at Dh49 and Dh99, packed with features that blend connectivity with security: Generous local calling allowances Uninterrupted data access around the clock Compl

In a landmark decision, e& shareholders have enthusiastically approved the Board's recommendation for a cash dividend of 83 fils (Dh0.83) per share for fiscal year 2024, marking another year of exceptional performance for the global technology leader.

e& has kicked off 2026 with outstanding financial results, demonstrating remarkable growth across all business segments and reinforcing its status as an innovator in the digital landscape. The company's strategic vision continues to drive significant value creation, positioning it as one of the most dynamic players in the global technology sector. The Group reported consolidated revenues of Dh16.9 billion for the first quarter, marking an impressive 18.7% year-over-year increase. Net profits soa

Emirates Integrated Telecommunications Company PJSC (du) has kicked off 2026 with outstanding financial performance, showcasing significant growth across all key metrics during the first quarter.

Crude oil prices surged over 1% on Tuesday, reaching their highest level in seven weeks as renewed optimism about a potential trade agreement between Washington and Beijing boosted expectations for stronger global economic growth and higher fuel demand. By midday trading in New York, Brent crude futures had climbed 81 cents (1.2%) to $67.85 per barrel, while U.S. benchmark West Texas Intermediate crude gained 83 cents (1.3%) to reach $66.12 per barrel. The rally pushed both major oil benchmarks

In a landmark move set to transform the UAE's petrochemical landscape, Borouge has cemented a 15-year strategic alliance with Adnoc Logistics & Services Plc (Adnoc L&S) that will supercharge production capabilities and global export operations. The game-changing service agreement carries a minimum guaranteed value of $531 million (Dh1.95 billion), fueling Borouge's ambitious expansion strategy while delivering substantial operational efficiencies. The partnership is projected to generate over $5

The escalating conflict between Iran and Israel has sent shockwaves through global financial markets, with experts warning that a potential shutdown of the strategically vital Strait of Hormuz could trigger an oil price surge to $120 per barrel - threatening to derail inflation progress worldwide. Market analysts are sounding alarms as geopolitical tensions reach new heights in the Arabian Gulf region. The recent military exchanges have raised unprecedented concerns about a catastrophic supply d

The global oil market is bracing for potential turbulence as escalating tensions between Israel and Iran threaten to push crude prices beyond the $100 per barrel mark, energy experts cautioned this week.

In a landmark deal for the Middle East's digital economy, Middle East Venture Partners (MEVP) has successfully exited its investment in YOUgotaGift (YGG), as Japanese eGifting giant giftee Inc acquires a controlling 91% stake. This strategic acquisition propels YGG into its next phase of global expansion while cementing its dominance in the GCC's booming digital gift card market.

A Delaware judge has doubled down on her rejection of Elon Musk's record-breaking $55.8 billion compensation package from Tesla, dismissing the company's attempt to revive the deal through a shareholder vote.

In a significant retail development, Carrefour has officially announced the end of its operations in Oman effective January 7, 2026. The supermarket chain, operated under exclusive rights by Majid Al Futtaim in the Sultanate, shared this emotional farewell through its official social media channels.

In a landmark move to transform Dubai's transportation landscape, the Roads and Transport Authority (RTA) has partnered with Dubai Holding on an ambitious Dh6 billion infrastructure initiative that will reshape connectivity across the emirate's fastest-growing communities. The comprehensive road network enhancement program will introduce cutting-edge bridges, expanded thoroughfares, and smart access solutions designed to slash commute times while dramatically improving traffic flow. This strate

In a landmark move to safeguard against climate challenges, Dubai Municipality has launched four ambitious infrastructure projects worth Dh1.439 billion as part of its revolutionary 'Tasreef' stormwater drainage initiative. This strategic investment will transform the emirate's water management systems to meet future demands while setting new benchmarks for urban resilience.

Dubai's ambitious Umm Suqeim Street Improvement Project, a Dh332 million initiative designed to revolutionize connectivity between Al Khail Road and Sheikh Mohammed Bin Zayed Road, is now over 70% complete. The transformative infrastructure development features an impressive 800-meter tunnel with four lanes in each direction, promising to dramatically enhance traffic flow across the city.

Attention all UAE motorists! The Roads and Transport Authority (RTA) has issued an important travel advisory for this Sunday, June 15, as essential maintenance works will temporarily disrupt traffic flow on two key highways. Commuters heading towards Sharjah and using Sheikh Mohammed bin Zayed Road should prepare for possible delays.

In a landmark move for Islamic finance, Sharjah Islamic Bank (SIB) has successfully listed a $500 million Additional Tier 1 (AT1) sukuk on Nasdaq Dubai, further cementing the exchange's position as a global hub for Sharia-compliant securities.

The UAE's banking sector has defied global economic challenges to deliver an impressive first quarter performance in 2026, with the nation's top lenders reporting robust growth across key financial metrics. Fresh analysis from Alvarez & Marsal (A&M) reveals the UAE's ten largest listed banks collectively saw net income surge to Dh22.2 billion - an impressive 8.4% increase compared to the previous quarter. This stellar performance was driven by a remarkable 59.3% reduction in impairment charges a

In the realm of automotive aristocracy, Bentley stands as a crown jewel. Born from racing heritage with legendary victories, the marque evolved through its Rolls-Royce era before emerging stronger under Volkswagen's stewardship. The Continental GT became its renaissance masterpiece - a perfect marriage of breathtaking design, thunderous performance, and peerless craftsmanship. Now in its fourth iteration, we experienced Bentley's vision of "fine driving" in the exclusive Continental GT Speed Hybrid First Edition - here's why this grand tourer redefines automotive excellence.

In a move highlighting the growing impact of global supply chain disruptions, Suzuki Motor has temporarily suspended production of its popular Swift subcompact due to China's tightening rare earth export policies. Industry insiders reveal this marks the first major Japanese automaker affected by Beijing's recent trade measures.

For racing enthusiasts, few names carry the weight of Le Mans. This hallowed French circuit represents to motorsport what Wimbledon does to tennis or Augusta National to golf - a sacred proving ground where legends are made. The storied Sarthe River circuit has witnessed automotive history since hosting France's inaugural Grand Prix in 1906, though its roots stretch back further than the Roman conquest of 47 BC.