Oil Above $100, Markets in Red: How the Iran War Triggered a $240 Billion Shock for Indian Investors India’s stock markets have suffered a sharp setback as escalating conflict in West Asia triggered a wave of global financial uncertainty, sending investors rushing out of riskier assets and wiping out billions of dollars in market value.Estimates…
Oil prices surge 40% during Middle East crisis: How it may impact petrol prices in the UAE / Image: file While the Gulf region sits atop some of the world’s largest oil reserves, the prices we pay at the pump aren’t immune to global chaos. Following recent shifts in international policy and escalating tensions involving…
Drone incident near DXB sparks fuel tank fire; Dubai Police shut 4 roads / Image: file Dubai authorities shut down four major roads including Airport Road and Casablanca Street early Monday after a drone struck a fuel storage tank near Dubai International Airport (DXB), sparking a large fire and briefly disrupted flights at one of…
Oil Above $100, Markets in Red: How the Iran War Triggered a $240 Billion Shock for Indian Investors India’s stock markets have suffered a sharp setback after geopolitical tensions in the Middle East triggered a wave of global financial uncertainty and according to market data compiled from the Bombay Stock Exchange and the National Stock…
Huge Discounts Ahead: UAE Announces Free Fazaa Membership for Families In a move aimed at strengthening social cohesion and improving quality of life for households across the emirates, the United Arab Emirates has announced that resident families will receive free Fazaa membership as part of the nationwide “Year of the Family 2026” initiative. The programme,…
UAE Brings Back 500 Golden Visa Holders Amid Iran vs US-Israel War Travel Chaos As regional tensions continue to disrupt travel across the Middle East, the United Arab Emirates has stepped in to help hundreds of residents stranded abroad return home while Iran vs US-Israel war escalates. In a coordinated effort led by the country’s…
UAE launches Federal budget yearbook 2026/Image: WAM The UAE Ministry of Finance has launched the Federal Budget Yearbook 2026 under the theme “Investing in People, Securing the Future”, outlining how government spending will support social development, economic growth and long-term financial sustainability. The yearbook highlights a balanced federal budget of AED92.4 billion, reflecting the country’s…
Expats praises UAE’s leadership amid regional tensions As regional tensions continue to create uncertainty across parts of the Middle East, residents in the UAE are showing calm and resilience, with many members of the expatriate community expressing strong confidence in the country’s leadership and its commitment to keeping people safe. While the UAE’s defence and…
UAE authorities arrested 25 individuals of various nationalities for spreading misleading content and glorifying military aggression online/Image: WAM Authorities in the UAE have ordered the arrest of 25 more individuals accused of spreading misleading and fabricated content online that could harm national defence efforts and fuel public panic. Officials say the suspects, who belong to…
Saudi Arabia umrah visa deadlines announced/Image: File As the current annual Umrah season approaches its closing phase, Saudi Arabia’s Ministry of Hajj and Umrah has announced the final deadlines for issuing visas, entering the Kingdom, and the permitted stay of pilgrims. The ministry also reminded companies and pilgrims that performing Hajj requires a specific Hajj…