China’s foreign-exchange reserves have increased for the second month in a row. The world’s largest currency hoard rose by $7.089 billion to $3.22 trillion in April, the People’s Bank of China said in a statement Saturday. Market sentiment toward the yuan has improved and a stronger yuan and euro boosted the headline number. That compares with the $3.20 trillion expected by economists surveyed by Bloomberg.
Record-breaking edition of Arabian Travel Market opens
Arabian Travel Market (ATM), the leading global event for the travel and tourism sector, has returned to the Dubai World Trade Centre for its 31st edition.
Latest innovations highlighted at Dubai FinTech Summit
Eight thousand decision-makers, over 300 thought leaders and more than 200 exhibitors have gathered at Dubai's Madinat Jumeirah for the Dubai FinTech Summit, which kicked off on Monday,
Qantas to pay AED 290 million to settle flight cancellation case
Qantas Airways has agreed to pay AED 290 million ($79 million) to settle a regulator lawsuit over the sale of thousands of tickets on already cancelled flights, in an attempt to end a reputational crisis that has engulfed the airline.
Warren Buffett's Berkshire Hathaway posts record operating profit
Warren Buffett's Berkshire Hathaway Inc posted a record quarterly profit on Saturday, bolstered by a significant increase in income from insurance underwriting.
UAE, Uzbekistan sign digital infrastructure deal
The Ministry of Investment of the UAE and the Ministry of Digital Technologies of the Republic of Uzbekistan have signed an investment memorandum, establishing a framework for investment cooperation in digital infrastructure with a focus on data centre and artificial intelligence projects in Uzbekistan.
10:00am - 1:00pm
Broadcasting every weekday, Georgia Tolley goes beyond the headlines to speak to government ministers, decision makers, analysts and local experts to find out how the news will impact those of us living in the UAE.
1:00pm - 2:00pm
John Lyons of Espace Real Estate says there is a slight slowdown in the property market during summer. So we asked him, does this mean prices are negotiable during the summer months?
Lawyer Rebecca Kelly of Clyde & Co. explained why UAE judicial authorities are setting up new offices to deal with financial crime, including money laundering.
Airalo - an eSim company disrupting telco's roaming revenues, has raised $60 million in funding including investment from our own e&.
It sounds like an episode of The Jetsons, but the sight of flying taxis whizzing around our cities could be much closer than you think.
The UAE has said that tougher penalties will come into force from 1st August for not keeping proper corporate tax records.
