Eid Al-Adha discounts roll out across Dubai and Sharjah as retailers launch wide-ranging pre-holiday sales Dubai and Sharjah retailers launch Eid Al-Adha discounts (20–60%) on food, household goods and electronics …
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Samsung semiconductor bonuses: Union clinches provisional profit-sharing deal to avert strike Samsung semiconductor bonuses secured in a provisional deal that removes individual caps and sets a 10.5% profit allocation for …
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Business
Dubai Taxi signs AED 1.45bn deal for National Taxi, share rises to 59 percent
by James Bryantby James BryantTaxi Dubai acquisition of National Taxi agreed for AED 1.45bn Taxi Dubai acquisition to buy National Taxi for AED 1.45bn, adding over 2,700 vehicles and raising Dubai market share to …
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Business
UAE Gold Jewelry Hits 30% Market Share, Q1 Sales Up 10 Percent
by James Bryantby James BryantEmirati-made gold jewellery gains market share as local output rises to 220 tonnes Emirati-made gold jewellery now represents roughly 30% of UAE retail, with local manufacturing rising to 220 tonnes …
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Yemen fuel price hike sparks transport fare increases and deepens household strain Yemen fuel price hike on April 16, 2026 raises transport fares and home costs as Yemen Petroleum Company …
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German auto industry climate plunges as Ifo index hits -23.8; tariffs and material shortages deepen crisis German auto industry climate fell sharply to -23.8 in April, Ifo finds, as US …
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Business
Oil prices slip after nearly 6 percent surge, Brent at $113.76 per barrel
by James Bryantby James BryantOil prices slip after near-6% rally; Brent at $113.76 and WTI at $104.83 Oil prices eased after a near-6% rally, with Brent at $113.76 and WTI at $104.83 as markets …