BAE Systems hopes to clinch a deal with the United Arab Emirates (UAE) for its Eurofighter Typhoon jet this year, allowing it to beat French rival Dassault Aviation in a closely contested race.

Oil prices eased, but remain elevated. Bond yields rose, but the sell-off slowed. The dollar weakened as other central banks consider steeper rate hikes than the Fed. Asian shares steadied, and gold ...

Stay informed with Gulf News — the UAE’s trusted source for breaking news, business, politics, and lifestyle across the GCC. Delivering credible, fast, and regional coverage from the heart of the Gulf ...

Authorities say they are proactively preparing for unstable conditions, with Dubai and Abu Dhabi set for a cloudy, rainy spell over the coming week ...

Bank Nizwa, Oman’s first full-fledged Islamic bank, has received an investment banking licence that will allow it to manage funds and issue instruments such as Islamic bonds, the lender said in a ...

Traded values (buy + sell) on the Abu Dhabi Securities Exchange (ADX) increased 407 per cent from Dhs145bn in 2020 to Dhs739bn in 2021, driven by domestic and international investment. Local investors ...

Saudi Arabia’s state oil company made deep cuts to the price of crude it sells to Asia, where an outbreak of the coronavirus has caused a slump in demand. Saudi Aramco lowered most of its official ...

What is your company focusing on this year? We continue to focus on the global roll out of Bio-Oil. It is currently available in 86 countries around the world and we continue to grow that footprint.

Just a day after launching in the UAE, electric car firm Tesla has signed a deal with Dubai’s Roads and Transport Authority for 200 electric vehicles. The purchases will include the manufacturer’s ...

The Middle East was the second highest region in the world in terms of the growth in the number of high net worth individuals (HNWI), according to the the Merrill Lynch Capgemini World Wealth Report ...

New car sales in the Gulf Cooperation Council dropped 30 per cent year-on-year in the first quarter with little sign of improvement in the months to come, according to Autodata Middle East. The firm ...

Under the directives of His Highness Sheikh Dr Sultan bin Muhammad Al Qasimi, Member of the Supreme Council Ruler of Sharjah, The Sharjah Investment and Development Authority (Shurooq) has launched a ...