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ANKARA - Türkiye's annual inflation rate dipped to 44.38% in December, posting the seventh consecutive decline since June 2024, according to official data released Friday. December's figure is below the market expectation of 45.21%, also down from November's 47.09%, Anadolu...

SHARJAH - The Sharjah Entrepreneurship Festival (SEF) 2025 has launched the SEF x 1Tank Startup Pitch Competition, dedicated to entrepreneurship, providing an exceptional opportunity to compete for grants totalling AED200,000, alongside potential investor funding opportunities reaching up to AED500,000, and...

DUBAI - Dubai International (DXB) is on track to welcome 4.3 million guests in the first 15 days of the year, setting the stage for its busiest January yet. Daily traffic is projected to peak on 3rd January, with over...

Temperatures in the UAE hit a new low. A chilly 1.9℃ was recorded in Ras Al Khaimah's Jebel Jais at 5am on Saturday, just a day after hitting 2.2℃. The cold weather conditions resulted in frost formation on the mountain,...

Sheikh Mohammed bin Rashid Al Maktoum, Ruler of Dubai, marked his Accession Day with a heartfelt tribute to his wife, Sheikha Hind bint Maktoum, whom he described as "the most beautiful thing" in his life, his "greatest supporter," and the...

DUBAI – Dubai’s real estate market had a record-breaking year in 2024, with new milestones set throughout the year, culminating in an all-time peak of 180,900 transactions worth AED 522.1 billion. A market report issued today by fäm Properties highlights...

Early-Year Corrections Could Make Way for Fresh Rally in Gold, Analyst Says Gold hit a two-week high on Thursday, fueled by safe-haven buying and a dip in US Treasury yields, while the market adjusted positions ahead of the Federal Reserve’s...

The police urged motorists to slow down and exercise extra caution on the roads. Many residents across the UAE woke up to a rainy day on Friday morning, with lightning strikes reported in some areas. The winter cold also hit...

ABU DHABI  – Abu Dhabi Global Market (ADGM), the international financial center of the UAE’s capital, has announced an updated fee schedule for obtaining and renewing an ADGM commercial license. Effective from 1st January 2025, fee reductions of 50 percent...

DUBAI - In response to growing demand out of Denmark, Emirates SkyCargo has deployed a dedicated weekly freighter to Copenhagen Airport, increasing the network of destinations served by Emirates freighters to 38. The Boeing 777 freighter will increase capacity offered...