By Staff Reporter Major steps have been taken for the highly anticipated railway that will shuttle passengers on trains between the UAE and Oman,…
Business
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Business
Dubai sees a new property project launched every 18 hours in Q1 2024
by daily timesby daily times120 projects launched in first quarter of 2024 in Dubai, housing 34,000 units Both local and foreign developers are aggressively launching projects,…
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Business
Gold drops $80 an ounce in hours – right time to buy or will prices crash further?
by daily timesby daily timesDubai: Are gold prices heading for a full-on crash? Early today (April 23), it sure looks like it, with the safe…
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Banks may defer loan instalments for 6 months following storm, says Central Bank
by daily timesby daily timesBy Staff Reporter The Central Bank of the UAE (CBUAE) today issued a notice to all banks and insurance companies to allow…
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British Airways resumes daily flights between Abu Dhabi, London
by daily timesby daily timesAbu Dhabi: Zayed International Airport has welcomed the first British Airways flight to Abu Dhabi as it touched down this morning, following…
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Insurance claims jump up to 400% as record rainfall damages thousands of cars
by daily timesby daily timesBy Staff Reporter UAE insurers say that the highest rain in 75 years has brought in the highest claims with some…
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BusinessUAE
400 flights cancelled in 3 days: Dubai’s Emirates airline restores regular flight schedules
by daily timesby daily timesBy Staff Reporter Dubai: Dubai’s flagship airline Emirates has restored its regular flight schedules as of Saturday, April 20, Emirates President Sir…
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Business
Towing costs hiked amid floods that saw motorists abandoning cars: Up to Dh600 towing cost
by daily timesby daily timesThe substantial increase in charges left many residents financially burdened, as they strive to retrieve their stranded vehicles by Staff Reporter As Dubai…
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Gold prices inched higher in the UAE on Friday morning as geopolitical tension in the Middle East rose after explosions in Israel.…
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Business
Abu Dhabi AI pioneer G42 gets $1.5b investment from Microsoft
by daily timesby daily timesBy Staff Reporter Dubai: The US tech giant Microsoft is committing $1.5 billion in Abu Dhabi’s AI focused tech entity, G42. “The…