News

UAE consumers to shop, dine out more, but spend less per visit in 2023: Mastercard Economics Institute   The report expects inflationary pressure to ease in 2023, with the average…

Uber, Dubai Airports to enhance visitors’ on-ground commute experience   Uber and Dubai Airports will be increasing the capacity of pick-up zones in all terminals, including twelve parking bays, and…

UAE’s National Bonds, Lulu Exchange ink strategic agreement   The partnership will allow customers to open a National Bonds account or top up an existing account at any one of…

Dubai: MMI removes 30% municipality tax levied on alcohol sales   This move is in line with the recent directives from the government of Dubai relating to the purchase and…

Saudi delivery app ToYou joins forces with BNPL platform Tabby   Tabby will enable users to buy as many times as they want from ToYou, with a single bill at…

New Year’s Eve: 2.1 million riders used public, shared transport, reveals Dubai’s RTA   The figure reflects a 33 per cent rise from last year’s number, which was 1,632,552 riders…

Oil edges higher after two-day slump as demand outlook sours   A surge in Covid-19 cases in China has clouded the near-term demand outlook Oil edged higher after tumbling around…

Sharjah Sat 1 successfully launches from Cape Canaveral, Florida   The expected lifetime of the satellite is three years during which it will monitor X-ray emissions from celestial bodies and…

Apple stock loses shine as market value drops below $2tn   Delays in the production of iPhones and concern that demand is weakening as the economy slows are said to…

Dubai-headquartered dnata breaks ground on $14m cargo warehouse in Erbil, Iraq   dnata’s latest expansion follows the opening of a new, advanced cool chain facility and a bus maintenance facility…