The US dollar has slumped with next week’s presidential election result increasingly looked too close. With some polls showing Donald Trump gaining ground, the dollar is now at a three-week low versus the euro and a 12-day low versus the Japanese yen. The uncertainty has resulted in the fuelling in demand for perceived havens like the yen.
UAE ranked world's most sought-after for real estate investment
The UAE has been ranked as the top property investment destination amidst regional tensions, according to a new global survey commissioned by Arada.
H.H. Sheikh Hamdan reaffirms Dubai’s focus on enhancing economic resilience
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence, has reaffirmed that strengthening the resilience of Dubai’s economy remains a key priority to keep pace with global economic trends.
UAE's AD Ports acquires Brazilian bulk port operator for over AED 3 billion
AD Ports Group has acquired Corredor Logística e Infraestrutura (CLI), Brazil’s leading independent agri-bulk port terminal operator, entering the South American market with a strategically major expansion transaction.
General Mills to sell Haagen-Dazs ice-cream shops in mainland China
General Mills has announced it will sell its Haagen-Dazs ice-cream shops in mainland China to an investor group that includes local tea chain operator Ningji, as part of a strategy to focus on businesses with stronger profit growth.
Dubai Taxi Company targets Ajman expansion through new partnership
Dubai Taxi Company has signed a memorandum of understanding with Ajman-based AJ Industries to explore a strategic partnership aimed at expanding mobility services across the emirate.
Dubai’s Roads and Transport Authority (RTA) has confirmed the full operational readiness of air-conditioned rest areas for delivery riders ahead of the summer season.
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, UAE Deputy Prime Minister and Defence Minister, has attended the graduation ceremony of the 13th cohort of the National Defence College in Abu Dhabi.
Sharjah Police have arrested several individuals after a social media dispute escalated into a violent fight that left one person dead and another injured.
