BUSINESS & TRADE

UAE-India airfares fall nearly 30% in July

DUBAI, United Arab Emirates — Return airfares from the UAE to India have fallen by nearly 20% to 30% on several routes this month,...

UAE airports handle record 156.8 million passengers in 2025

ABU DHABI, United Arab Emirates — Passenger traffic through UAE airports reached a record 156.8 million in 2025, up 6.1% from the previous year,...

Dubai Palm Monorail reopens after six-month closure

DUBAI, United Arab Emirates — Dubai’s Palm Monorail has reopened after a six-month maintenance closure, restoring a major transport...

Saudi real estate refinancing firm prices $2.75 billion international sukuk

RIYADH — Saudi Real Estate Refinance Company (SRC), a Public Investment Fund-owned company, has priced a $2.75 billion international sukuk...

UAE leads Arab world in 2025 FDI inflows

DUBAI, United Arab Emirates — The UAE attracted $48.2 billion in foreign direct investment in 2025, making it the...

Dubai Loop transport project enters foundation stage

DUBAI, United Arab Emirates — Work has begun on the foundation stage of Dubai Loop, the underground transport project...

Sharjah Summer Promotions rolls out big discounts and 700 summer prizes

SHARJAH, United Arab Emirates — Sharjah’s Summer Promotions 2026 is drawing strong visitor turnout after launching on July 1,...

Dubai RTA announces two-month traffic diversion on Emirates Road

DUBAI, United Arab Emirates — Dubai’s Roads and Transport Authority has begun a traffic diversion on Emirates Road as...