By 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…
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Business
Rising rents in Dubai force holiday home owners to opt for long-term rentals of their properties
by daily timesby daily timesBy Staff Reporter Speculators and holiday homeowners who used their Dubai properties just a couple of times in a year are increasingly…
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Business
Gold prices hit another record high, head for fourth weekly gain
by daily timesby daily timesBy Staff Reporter Gold prices climbed on Friday to hit a historic peak as central bank purchases amid geopolitical tensions sustained the…
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More electric vehicles (EV) and even flying cars manufactured in China are expected to arrive to the UAE soon, the newly-appointed Chinese consul general…
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Business
China’s EV export boom fuels surge in demand for new car-carrying ships
by daily timesby daily timesBy Staff Reporter Beijing/Shanghai: Chinese automakers and shippers are ordering a record number of car-carrying vessels to support a boom in EV…
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By Staff Reporter Citigroup investors have rewarded CEO Jane Fraser with a share price boost after Fraser announced a sweeping overhaul of…