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Dubai has achieved its highest-ever ranking in the Global Financial Centres Index (GFCI), climbing to seventh place globally, underscoring the emirate’s accelerating rise as one of the world’s most influential financial hubs and its importance
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The Central Bank of the United Arab Emirates (CBUAE) has seen its gold reserves rise by 13.6 per cent in January 2026 to a new record of Dhs43.051 billion at the end of the month,
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Ajman’s real estate sector has recorded its highest-value property sale transaction at Dhs185 million, in a move reflecting the growing appeal of the emirate’s property market and the increasing pace of investment activity.According to data
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Euro zone banks have limited direct exposure to the war in the Middle East, but the conflict could still generate systemic stress given interconnected vulnerabilities, European Central Bank Vice President Luis de Guindos said on
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Brigadier Mubarak Al Ketbi, Director of Hatta Police Station, highlighted the deployment of patrol units across Hatta to address incidents reported from mountainous regions, valleys, or traffic accidents linked to the recent spell of unstable
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New initiative offers up to AED 3,000 in upfront benefits per business, including bill assistance for utilities and telecom alongside free product access and partner-led supportAlaan, UAE-born corporate card and spend management platform, today announced
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Crazy Town Seth Binzer Battle Over Rockstar’s Estate Two Years After Overdose Death Published March 26, 2026 3:00 AM PDT Musician Seth Binzer’s family is battling over the late rock star’s estate two years after
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South Korea's low-cost carriers (LCCs) are cutting international flights to mitigate the impact of surging fuel costs amid prolonged tensions in the Middle East.Aviation industry sources reported Thursday that some companies plan to suspend 50 flights between April 20 and May 31, citing limited local refueling conditions in Vietnam.The country's three largest LCCs are also considering cutting services on select Southeast Asian routes, according to industry watchers.Jet fuel prices in Asia and Oceania rose 16.6% to $204.95 per barrel in the week of March 13-20, compared with the previous week, and were sharply higher than the prior month's average, according to the International Air Transport Association (IATA).
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The Ministry of Finance and Economy of South Korea announced on Thursday that South Korea will significantly expand its temporary fuel tax cut in a bid to ease the financial burden on consumers amid the prolonged conflict in West Asia.Under the latest measures, the tax reduction rate on gasoline will rise from 7 percent to 15 percent, and on diesel from 10 percent to 25 percent, as part of the government's efforts to support living costs.The measure, which had been set to expire in April, will be extended through the end of May, according to the ministry.As a result, fuel taxes per liter, including value-added tax, will fall by KRW 65 (USD 0.04) to KRW 698 for gasoline and by KRW 87 to KRW 436 for diesel.The decision is aimed at easing the burden of rising oil prices and supporting small and midsize businesses, as well as vulnerable households affected by the prolonged conflict.South Korea first introduced the fuel tax cut in November 2021 as a response to rising energy prices. The government has since extended the measure, adjusting the rates in accordance with changes in the global energy market.
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The UAE’s first national-founded independent safe deposit box facility to serve both Dubai and SharjahAmanat Vaults, the UAE’s first UAE national-founded independent safe deposit box facility, has announced plans to expand into Dubai, establishing a
