GULF

Qatar Airways posts QAR 7.08bn profit amid volatility

DOHA, Qatar – Qatar Airways Group reported a net profit of QAR 7.08bn (US$1.94bn) for the 2025/26 financial year, as the airline expanded capacity, strengthened cargo dominance and invested heavily in future fleet growth despite global economic uncertainty and...

UAE steps up gold souq AML compliance drive

DUBAI — UAE Economy and Tourism Minister Abdulla bin Touq Al Marri conducted an inspection tour of the Dubai Gold Souq to review traders’ compliance with anti-money laundering regulations and counter-terror financing frameworks governing the country’s gold sector. The visit...

UAE, South Korea deepen AI and chip cooperation

SEOUL —The Ministry of Investment has led a high-level delegation to the Republic of Korea to advance cooperation and explore new partnership opportunities across the artificial intelligence (AI) and semiconductor value chain, as the UAE continues to pursue economic...

 Dubai Taxi buys National Taxi in $395m UAE deal

DUBAI - Dubai Taxi Company has agreed to fully acquire National Taxi in a deal worth 1.45 billion dirhams ($395 million), the largest consolidation move in the UAE's taxi sector that will extend the listed operator's reach into Abu...

UAE, Egypt Condemn Attacks on Vessels and Regional Targets

ABU DHABI— The United Arab Emirates and Egypt have condemned a series of attacks targeting commercial vessels and regional territories over recent days, warning of escalating threats to maritime security, regional stability and global trade routes. The UAE condemned the...

DFSA Fines Former Ed Broking Executive for Misleading Conduct

DUBAI — The Dubai Financial Services Authority, the independent regulator of banking, financial services and markets in the Dubai International Financial Centre, has imposed a fine of US$139,722 (AED513,129) on Wael Abdelmohsen Abdellatif Mohamed Emara, also known as Mr....

Qatar urges public to report missile and drone debris found at sea

DOHA, Qatar — Qatar's Ministry of Interior  called on the public to immediately report any unidentified objects or debris suspected to be remnants of intercepted missiles or drones found in the country's territorial waters, warning that the material may...

Popular

Subscribe

Headlines

Lost in Dubai, Found Again: The City Where Honesty Still Matters

DUBAI — Cities often build their reputations on grand projects, record-breaking skyscrapers and ambitious visions. Yet sometimes a city's...

What Changes for UAE Residents This June — And What It Means for Your Wallet

DUBAI- June 2026 has quietly ushered in some of the most practical regulatory changes UAE residents have seen in...

Dubai Police Recover AED12 Million Worth of Stolen Oud After Fake Princess Scam

DUBAI— Dubai Police said Saturday they had dismantled a gang that stole luxury oud worth 12 million dirhams ($3.27...

Sharjah Steps Into the Amber Road’s Shadow, Bridges Ancient Worlds at Warsaw Book Fair

WARSAW: When Poland's ancient Amber Road once carried precious resin from Baltic shores to Mediterranean markets, it was part...

Exclusive Articles