Dubai gold prices soared on Wednesday, continuing a robust rally that added nearly Dh3 per gram at market opening. This unprecedented increase has set a...
The UAE Fuel Prices Monitoring Committee announced the revised fuel rates for February 2025 on January 31. Compared to January, the prices have increased due...
Dubai real estate sector achieved historic growth in 2024, with transactions reaching AED 761 billion. This reflects remarkable progress in the emirate’s property market. The...
The UAE economy is projected to grow by approximately 4% in 2025, according to the latest IMF review. Despite lower-than-expected oil production due to OPEC+...
To enhance VAT procedures for gold and diamond traders, the UAE Ministry of Finance (MoF) introduced new regulations. Under these updated rules, the ‘reverse charge...
Carrefour has announced the closure of its operations in Oman, marking another significant step in its regional restructuring. The announcement, made on January 7, 2025,...
The UAE Ministry of Economy has banned retailers and suppliers from price hike of nine essential consumer goods. These items include cooking oil, eggs, dairy...
The UAE and Gulf Cooperation Council (GCC) countries have opportunities to boost revenues and diversify their economies by introducing new taxes, according to the International...
