The Gulf Indians

UAE supermarket operator Spinneys hits Dh2.29 billion in 9-month revenues

Dubai: The Dubai headquartered retailer Spinneys ticked all the boxes when it comes to growth for the first nine months…

11 months ago

Donald Trump rides global wave of anti-incumbency

WASHINGTON: Incumbent leaders used to have the edge. In the United States, the power of the Oval Office and glamour…

11 months ago

Goodbye to A Welfare State

Joseph Maliakan The ruling of the nine judge bench of the Supreme Court of India presided by the outgoing Chief…

11 months ago

UAE weather: Red and yellow alert issued in Abu Dhabi, Al Ain, Dubai and Sharjah

Dubai: Foggy weather conditions continued over most parts of Abu Dhabi's Al Ain and Al Dhafra region today. Fog also…

11 months ago

Saudi Arabia: Citizen nabbed over SR493 million fraud

Cairo: A Saudi man has been arrested for illegally obtaining SR493 million in bank financing in collusion with others, the…

11 months ago

Lebanon MPs demand UN protection of heritage sites from Israel attacks

BEIRUT: More than 100 Lebanese lawmakers appealed to the United Nations on Thursday to ensure the preservation of heritage sites…

11 months ago

Singapore’s Changi Airport to raise flying fees to fund upgrade

Singapore's Changi Airport will charge passengers and airlines more to fly in and out of the city-state to help finance…

11 months ago

Al Ansari Financial Services sees profit drop for 9-month 2024 over ‘significant challenges’

Dubai: Net profit for DFM-listed Al Ansari Financial Services dropped to Dh308.53 million for the first nine months from Dh387.8…

11 months ago

Bitcoin shoots past $75,000 in new high over a Trump return as US President

Dubai: Bitcoin prices have shot past $74,000 as the crypto markets turned in some heavy action as a clearer picture…

11 months ago

UAE’s DFM, ADX join Asian peers in going bullish on a Trump win

Dubai: As expected, the DFM and ADX opened positive in early trades Wednesday (November 6) in much the same way…

11 months ago

Abu Dhabi industrial hub awards Dh7.35b in infrastructure contracts

Dubai: The Abu Dhabi industrial hub Ta’ziz has issued engineering, procurement and construction contracts valued at Dh7.34 billion for site…

11 months ago

Saudi Electricity sees 18 per cent increase in net profit

Dubai: The Saudi Electricity Company, 75 per cent owned by the Public Investment Fund, reported an 18 per cent year-on-year…

11 months ago

Saudi Arabia, UAE invest $26m in Pakistan

Dubai: Pakistan’s foreign investment increased by 48 per cent in the first quarter of the current fiscal year. During this…

11 months ago

Dubai Taxi Company revenue up 13% to Dh1.6 billion as it completes 36 million trips

Dubai: Dubai Taxi Company (DTC) reported a 13% year-on-year increase in revenue to Dh16 billion in its financial results for…

11 months ago

LuLu Retail closes with gross proceeds of Dh6.32 billion, making it biggest UAE IPO of 2024

Dubai: LuLu Retail has emerged as the biggest IPO in the UAE for 2024, with gross proceeds totalling Dh6.32 billion.…

11 months ago

Gulf Air marks ten years of operations between Bahrain, Russia

Dubai: Gulf Air, Bahrain’s national airline, recently celebrated a decade of service to Russia, a route that was launched on…

11 months ago

115,000 passengers impacted as Vistara merges with Air India on November 12

Delhi: In the first month after the merger, nearly 115,000 passengers who had purchased Vistara tickets pre-merger are expected to…

11 months ago

Dubai regulator DFSA fines Vedas Marketing for unauthorized financial promotions on Multibank Group

Dubai: The DIFC regulator has issued a 'decision notice' against Vedas International Marketing Management for unauthorised and deceptive financial promotions…

11 months ago

UAE banking sector hits all-time-high of Dh502.6 billion in capital, reserves

Abu Dhabi: A significant milestone has been achieved by the UAE banking sector. As of July 2024, the total capital…

11 months ago

Saudi Aramco retains quarterly dividend at $31b despite tough forecasts for oil

Riyadh: Aramco held its quarterly dividend at $31 billion, despite lower profit, as Saudi Arabia's multitrillion-dollar economic transformation plans widen…

11 months ago

e&, Emirates are UAE’s ‘most valuable’ brands, Al Rajhi Bank leads in Saudi Arabia

Dubai: The tech-telco e& Group and Emirates are the UAE’s ‘most valuable’ brands for 2024, with the Abu Dhabi mega-bank…

11 months ago

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