Room rates at Dubai hotels continued to fall in August, down 10 per cent from the same time last year. The figures, from STR Global, suggest aggressive price cuts are working. The occupancy rate in the emirate nudged up to 76 per cent, the hotel benchmark and ratings firm said
UAE expands access to government bonds with 'Retail Sukuk' initiative
The UAE Ministry of Finance has launched an initiative called 'Retail Sukuk', allowing individual investors to access Shariah-compliant, government-backed Treasury Sukuk (T-Sukuk) through digital platforms operated by local banks.
New UAE-Oman freight rail link to boost regional trade
A new freight rail service is set to connect Sohar in Oman with Abu Dhabi in the UAE, marking a major step forward in regional trade and logistics.
Trump says all trade talks with Canada are terminated
US President Donald Trump said on Thursday all trade talks with Canada were terminated following what he called a fraudulent advertisement in which former and late President Ronald Reagan spoke negatively about tariffs.
du reports AED732 million Q3 profit
Emirates Integrated Telecommunications Company PJSC (du) announced its financial results for the third quarter of 2025 on Thursday, reporting strong revenue growth and solid profitability across its key business segments.
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