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Amazon says it will not list tariffs' effect on prices on its site

E-commerce giant Amazon on Tuesday denied a report that it was planning to disclose the cost of President Donald Trump's tariffs on its products after receiving condemnation from the White House. "The team that runs our ultra-low-cost Amazon Haul store considered the idea of listing import charges on certain products," Reuters reported a company re...

2025-04-29T15:16:14Z

Here’s how many passengers used the Emirates, flydubai network in 2024

Since launching with 29 cities, the joint network has grown significantly, offering an average of 295 daily codeshare flights

2025-04-29T04:11:48Z

Arada launches Nest Hotel brand at Aljada in Sharjah

The 431-key property is the first completed hotel in Arada’s 1,031-key hospitality and serviced apartment portfolio at Aljada

2025-04-30T01:57:02Z

e& revenue grows 18.7% to Dh16.9 billion in first quarter

e& has delivered a strong start to 2025, continuing its trajectory of growth and digital leadership. The group posted strong performance across key financial indicators, reflecting the strength of its strategy and rising impact as a global technology group. Consolidated revenue increased to Dh16.9 billion, growing 18.7 per cent year-on-year (YoY), ...

2025-04-29T17:53:14Z

Middle east tech startups advised to raise their game as competition intensifies

Middle East tech startups have been warned to raise their game as global competition heats up across the region, particularly in the UAE and Saudi Arabia, where an influx of international founders is redefining the landscape. With Dubai firmly positioned as a magnet for international tech talent and Abu Dhabi emerging as one of the region’s fastest...

2025-04-29T17:23:28Z

Dubai: Kiara Jewellery opens new branch in Bur Juman

Kiara Jewellery unlocks a new milestone this April 30 with the grand opening of its new branch during Akshay Tritiya, a festival that turns gold into a bringer of eternal prosperity. For years, Kiara Jewellery has become a big hit, an authority in Dubai, massively recognized by just about anyone who seeks that oh-so-classic distinction while uphold...

2025-04-29T17:08:20Z

Dubai: Gold prices slip in early trade on Tuesday

Gold prices slipped at the opening of the markets on Tuesday after touching Dh400 per gram on Monday. The Dubai Jewellery Group data showed 24K trading at Dh399.0 per gram on Tuesday morning, down from Dh400 per gram at the close of the markets on Monday. Among the other variants, 22K, 21K and 18K slipped to Dh369.5, Dh354.25 and Dh303.75 per gram,...

2025-04-29T06:08:01Z

Snapchat surpasses 900 million monthly active users

While competitors like Meta are fighting lengthy battles in court, Snapchat is taking a victory lap after surpassing 900 million monthly active users. “As Snapchat has grown over the years, we've seen this idea continue to resonate with our community – and we love seeing all the silly, fun and imperfect moments Snapchatters share with each other,” ...

2025-04-29T19:01:30Z

Cryptocurrency: Bitcoin brings back real value at Token2049 Dubai

Speaking live from Token2049 Dubai, the biggest crypto event of the year, Crypto OGS founder Andres Meneses announced a bold new vision for Bitcoin in 2025: real assets, real utility, real value. “Crypto is coming full circle,” Meneses said. “We’re moving past hype and speculation. Bitcoin is stepping into the real world — unlocking real assets, no...

2025-04-29T17:23:25Z

ATM 2025: Saudia keen on US immigration pre-clearance facility at Jeddah hub, CCO says

State-backed Saudia is exploring the opportunity for a US immigration preclearance facility at its hub as the national carrier seeks to ease transatlantic flights and expand its partnership with Delta Air Lines. The Jeddah-based carrier has a codeshare agreement with Delta Air Lines, one of the largest US airlines, and has discussed this potential ...

2025-04-29T12:16:00Z

Ferrari World Abu Dhabi to get new 'record-breaking' ride as more attractions planned at Yas Island

Theme park Ferrari World Abu Dhabi will soon add a new “record-breaking” roller-coaster ride, with the wider Yas Island set to get another three new attractions amid growing demand, the chief executive of operator Miral has said. The “significant and signature ride in Ferrari World will have four records worldwide and roller coaster fans will be ve...

2025-04-29T11:31:12Z

OpenAI rolls out new shopping features with ChatGPT search update

The generative AI pioneer's search feature has gained popularity since its introduction last year, and has become one of its most sought-after tools

2025-04-29T04:41:37Z

New personal assistant: Meta releases standalone AI app, competing with ChatGPT

Social media behemoth Meta unveiled its first standalone AI assistant app on Tuesday as it tries to take on ChatGPT by giving users a direct path to its generative artificial intelligence models. "A billion people are using Meta AI across our apps now, so we made a new standalone Meta AI app for you to check out," Meta CEO and founder Mark Zuckerbe...

2025-04-29T16:23:17Z

Abu Dhabi expands RoboTaxi trials in push for full launch by 2026

The latest expansion involves the deployment of sixth-generation RoboTaxi vehicles (RT6), developed to meet the evolving needs of modern cities

2025-04-29T04:26:40Z

UAE: Saudi travel firm Almosafer aims to launch IPO by year-end or early 2026, says CEO

Saudi Arabia’s travel company Almosafer – part of Seera Group – aims to go public by the end of this year or early next year, its chief executive said. “We're still on track for IPO sometime in the later part of 2025 or early 2026. We are in the process of appointing advisers. Now we're doing our internal work to get ready,” Muzzammil Ahussain, CEO...

2025-04-29T07:53:07Z

NMDC Energy revenues surge 75% year on year to Dh3.7 billion

NMDC Energy on Tuesday reported 25 per cent year-on-year increase in net profit for the quarter, from Dh174 million in Q1 2024 to Dh217 million in Q1 2025; driven by strong operational performance and expansion into new projects both locally and internationally. Revenues climbed to Dh3.7 billion, up 75 per cent year-on-year from the corresponding p...

2025-04-29T12:23:23Z

Emirates and Philippine Airlines to explore enhanced partnership

Emirates and Philippine Airlines (PAL) on Tuesday agreed to consider the possibility of a reciprocal codesharing agreement on flights between the Philippines and Dubai, and on select routes beyond the gateways of each partner airline. A codesharing partnership could potentially give travellers better connectivity to new and exciting destinations be...

2025-04-29T15:38:29Z

Etihad Airways signs memorandum of cooperation with the Tourism Authority of Thailand

Etihad Airways on Tuesday signed a memorandum of cooperation (MoC) with the Tourism Authority of Thailand to strengthen the relationship between the Southeast Asian nation and the national airline of the UAE at Arabian Travel Market 2025. The agreement aims to promote tourism to Thailand through Etihad’s extensive global network. Aligning with Etih...

2025-04-29T15:53:27Z

First Abu Dhabi Bank’s Q1 profit jumps 23% to Dh5.13b

First Abu Dhabi Bank (FAB), the UAE’s largest bank, announced a 23 per cent increase in its first-quarter net profit, reaching Dh5.13 billion compared to the same period last year. The bank’s profit before tax also climbed 22 per cent to Dh6.13 billion, driven by strong client activity and diversified income streams, according to a statement releas...

2025-04-29T12:08:19Z

Aldar Properties views weaker dollar as opportunity to boost overseas sales

Aldar Properties, Abu Dhabi's biggest listed developer, has not seen its business adversely affected by tariff-induced trade wars and a weaker dollar, with the latter giving the company an opportunity to boost sales overseas, a senior executive has said. Aldar has maintained a "very strong" balance sheet and will "continue benefitting from the very...

2025-04-29T09:46:31Z

ATM 2025: Emirates expects record annual results and is IPO-ready, Sheikh Ahmed says

Emirates expects a "record" annual financial result, said Sheikh Ahmed bin Saeed, chairman and chief executive of Emirates airline and group, adding that if the Dubai government asked the company to list, then he would proceed with it. "We are very satisfied when it comes to our cash reserves on the airline side," he said at a press conference on M...

2025-04-29T13:31:01Z

Iraq university chain plans academic expansion to address key sectors

In a landmark initiative poised to accelerate Iraq’s digital and economic transformation, Mohammed Jabbar Al-Shammari — principal owner and stakeholder in Al-Israa University, Uruk University, and Al-Hikma University — has announced a comprehensive development strategy targeting three critical sectors: education, infrastructure, and agriculture. Ed...

2025-04-29T17:08:20Z

Emirates inks new codeshare partnerships with these airlines; signs more MoUs

Emirates now maintains commercial cooperation agreements with 164 partners across interline, codeshare, and intermodal formats, extending its reach to nearly 1,800 cities

2025-04-30T01:42:04Z

Abu Dhabi: Aldar reports 33 per cent rise in Q1 2025 net profit before tax to Dh2.2 billion

Aldar, Abu Dhabi’s premier developer, on Tuesday reported a 33 per cent rise in first quarter net profit before tax to Dh2.2 billion, driven by strong demand for existing inventory and new launches. Total UAE sales increased 38 per cent year on year to Dh8.4 billion driven by strong demand for both new launches and existing developments. Aldar laun...

2025-04-29T13:23:16Z

UAE to waive late registration fees under corporate tax law

The UAE will waive administrative penalties for corporate tax payers who failed to submit their registration applications in time, as part of efforts to boost tax compliance and support businesses. The Ministry of Finance and the Federal Tax Authority said on Tuesday that a Cabinet decision has been issued to make the change. To qualify, companies ...

2025-04-29T13:16:01Z

UAE to post surplus as lower oil prices strain GCC budgets in 2025

Lower oil prices are set to challenge fiscal balances across the GCC, with most economies facing wider budget deficits in 2025, according to Emirates NBD, a leading GCC bank. However, the UAE is expected to buck the trend, maintaining a budget surplus, albeit smaller than previously forecast, bolstered by its diversification efforts and prudent fis...

2025-04-29T13:38:12Z

Oxford-Harrington Rare Disease Centre appoints Majid Jafar to its advisory council

The Oxford-Harrington Rare Disease Centre (‘OHC’), a partnership between the University of Oxford, UK and Harrington Discovery Institute at University Hospitals, Cleveland, Ohio, aimed at driving cutting-edge rare disease breakthroughs, has announced the appointment of Majid Jafar to its Advisory Council. The Advisory Council, led by former UK Prim...

2025-04-29T17:08:20Z

New rule for businesses in Oman: Here’s what you need to know

Oman’s investment sector has recently undergone several reforms, allowing foreign investors to own 100 per cent of their businesses

2025-04-29T07:41:47Z

Eric Trump says Dubai's real estate market will continue to boom

Dubai is one of the hottest property markets in the world, Eric Trump, executive vice president of the Trump Organisation, said, while adding that he would accept cryptocurrencies for property purchases at the company’s new project in Dubai. The Trump Organisation in partnership with London-listed Dar Global unveiled the Trump International Hotel a...

2025-04-29T13:16:13Z

Axie Infinity investor Animoca plans to fund UAE start-ups as it debuts in Middle East

Venture capital and software company Animoca Brands is planning to set up funds for UAE start-ups as it makes its debut in the Middle East, its newly-appointed regional head has said. The Hong Kong-based Web3-oriented firm, which reportedly has a value of about $6 billion, will open its first regional office in Dubai, with plans to bridge the gaps ...

2025-04-29T03:00:58Z

80% of Middle East cyberattacks result in confidential data breaches

One in three successful cyberattacks in the Middle East was carried out by APT groups that commonly target government institutions and critical infrastructure, a study showed. While the rapid adoption of new IT solutions in the region boosts efficiency across industries, it also increases their exposure to cyberattacks. Positive Technologies, a lea...

2025-04-29T18:08:17Z

Yas Island sees 38 million visits, Saadiyat Island grows 10% in 2024: Miral

International visits to the theme parks also saw significant growth, with a 40 per cent, rise, led by a substantial increase from key markets, including India, China, the UK and Russia

2025-04-30T01:27:01Z

UAE’s FAB profit beats estimates on strong growth in non-funded income

The results come as FAB undergoes a restructuring aimed at strengthening its business in the Gulf and boosting shareholder return

2025-04-29T05:26:38Z