Financial markets in the UAE will close on Tuesday, July 5 for the Eid Al Fitr break, the Securities and Commodities Authority (SCA) has announced. Trading will resume on July 10. Eid Al Fitr is the celebration marking the end of the fasting month of Ramadan. It is expected to fall on Wednesday, July 6, depending on the sighting of the crescent moon.
Meta delays release of Phoenix mixed-reality glasses to 2027, say reports
Meta is delaying the release of its Phoenix mixed-reality glasses until 2027, aiming to get the details right, Business Insider reported on Friday, citing an internal memo.
IndiGo's third day of mass flight cancellations throws Indian airports into disarray
Thousands of IndiGo passengers were stranded by flight cancellations on Thursday - a third day of chaos after the country's biggest airline did not make sufficient changes to its roster planning ahead of new government regulations.
UAE President receives Amazon founder Jeff Bezos
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan met with Amazon's Founder and Executive Chairman, Jeff Bezos, in Abu Dhabi.
Saudi Arabia forecasts deficit of $44 billion in 2026 budget
Saudi Arabia approved the kingdom's budget for 2026 with an estimated deficit of 165 billion riyals ($44 billion), the Saudi state news agency reported on Tuesday.
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