The UAE'S President His Highness Sheikh Khalifa bin Zayed Al Nahyan has issued a new law aimed at balancing the 2022 general budget.
It allows the use of cash reserves and issuing public debt instruments to maintain balance in the budget.
According to the Ministry of Finance, the law also calls for controlling public expenditure to ensure the budget is balanced.
The UAE budget outlines AED 56.7 billion in revenue and AED 58.9 billion in expenses for the current year.
Australia's Qantas says 6 million customer accounts accessed in cyber hack
A cyber hacker broke into a database containing the personal information of millions of customers, Qantas said, in Australia's biggest breach in years and a setback for an airline rebuilding trust after a reputational crisis.
Emirates launches daily flights to China's Shenzhen
Emirates has officially launched its daily services to Shenzhen, marking the airline’s fourth gateway in the Chinese mainland after Beijing, Shanghai and Guangzhou.
Dubai Airshow unveils main agenda with night events, runway networking
Dubai Airshow has officially opened registration for its 19th edition, taking place from November 17-21 at Dubai World Central.
Trump escalates feud with Musk, threatens Tesla, SpaceX support
US President Donald Trump on Tuesday threatened to cut off the billions of dollars in subsidies that Elon Musk's companies receive from the federal government, in an escalation of the war of words between the president and the world's richest man, one-time allies who have since fallen out.
Dubai Holding, Select Group to collaborate on two new developments
Dubai Holding and Select Group, a real estate development and investment firm, have partnered to develop two "large-scale" residential and hospitality establishments in Palm Jebel Ali and Dubai Design District (d3).
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UAE President Sheikh Mohamed Bin Zayed Al Nahyan’s visit to the US to boost economic and technology ties including AI.
Apple Inc. shares fell Monday after a closely followed analyst warned that demand for the firm’s new iPhone 16 Pro model has been lower than expected. Is this a sign that the AI software just isn’t ready?
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Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?
Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!
