SpaceX eyes biggest IPO ever as Musk expands tech empire
Dubai: Elon Musk’s SpaceX has taken a key step toward what could become the largest stock market debut in history, after confidentially filing for an initial public offering in the US. Sign up for our daily business newsletter, Cheques & Balances.The company submitted draft registration documents t»»»
Buyers are turning to this Saudi city as housing demand grows
Dubai: Saudi Arabia’s housing market is beginning to diverge across cities, with Jeddah recording its strongest year in recent memory while Riyadh shows signs of strain and Dammam gains ground on pricing appeal. Sign up for our daily business newsletter, Cheques & Balances.According to Cavendish Ma»»»
N. Korea denounces U.N. rights resolution as ‘political provocation’ - UPI.com
North Korea on Thursday condemned a United Nations Human Rights Council resolution criticizing its human rights record, calling the measure a “grave political provocation." In this photo, U.N. Secretary-General Antonio Guterres speaks during the opening of the 61st session of the Council in Geneva,»»»
TotalEnergies and Masdar to form $2.2 billion joint venture
Dubai: A new Abu Dhabi-based energy platform is taking shape to capture Asia’s surging electricity demand, with Masdar and TotalEnergies committing $2.2 billion to a joint venture that will consolidate their renewable energy operations across nine countries. Sign up for our daily business newslette»»»
Dubai gold drops after 3-day rally breaks
Dubai: Gold prices in Dubai opened lower on Thursday morning, tracking a sharp shift in global sentiment that pushed bullion off recent highs and triggered fresh selling. (Check latest UAE gold prices here, alongside prices in Saudi Arabia, Oman, Qatar, Bahrain, Kuwait, and India.) Sign up for our »»»
‘What did you learn today?’: How UAE parents are making distance learning work
In the beginning, her seven-year-old daughter would feel a little sleepy after switching on the laptop. This sleepiness only set in for academics; she could game for hours if she had the opportunity. Yet her mother, Dubai-based Diya Mathur, says that she slowly found a way to make her daughter conc»»»
Gold is a $31 trillion asset. Why aren’t portfolios catching up?
Dubai: The global gold market is now valued at around $31 trillion, built on nearly 220,000 tonnes of above-ground stock accumulated over centuries, making it one of the largest and most enduring asset classes in the financial system. Sign up for our daily business newsletter, Cheques & Balances.De»»»
Hormuz hangs in balance as Trump eyes quick Iran exit
Dubai: Signs are growing that Donald Trump may be preparing to wind down the war with Iran — even as the fate of the Strait of Hormuz remains unresolved — raising the risk that a quick exit could translate into a strategic setback. According to CNN, US officials have indicated Washington may not ta»»»
ADNOC sustains output as UAE reviews energy continuity plans
Dubai: ADNOC has reinforced its business continuity framework to ensure stable energy supply, with senior leadership reviewing preparedness measures amid ongoing regional tensions. Sign up for our daily business newsletter, Cheques & Balances.Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Pri»»»
War of endurance — who breaks first: Markets, Iran or the US?
Dubai: The war is raging. The real question isn’t who wins — it’s who breaks first. As the war enters its second month, pressure is no longer building quietly — it is beginning to show cracks across markets, governments and economies. At the centre of it all lies the Strait of Hormuz. Also Read: US»»»
More UAE residents save as National Bonds funds top Dh18 billion
Dubai: Regular savers in the UAE rose by 37% in 2025 compared to the previous year, signalling a shift towards long-term financial planning among residents. Sign up for our daily business newsletter, Cheques & Balances.The Sharia-compliant savings and investment company said bondholders’ funds cros»»»
Punch in the gut: Viral baby monkey makes new friends, sparking fan heartbreak
Punch, the baby Japanese macaque, became a symbol of hope for many chronic social media users. Videos of him clutching a stuffed orangutan, named Mo, went viral, offering one of the most heartwarming moments amid widespread uncertainty and unrest in the world. And perhaps, that's why the internet i»»»
Dubai gold extends rebound after worst month since 2008
Dubai: Dubai gold prices moved higher early Wednesday, extending a short-term rebound after a sharp correction through March that unsettled buyers and traders alike. Sign up for our daily business newsletter, Cheques & Balances.At 8:22 am, 24K gold stood at Dh566.75, up from Dh563.25 a day earlier,»»»
Investors turn to digital gold as markets stay volatile
Dubai: A growing number of investors are shifting toward tokenised gold, drawn by the ability to trade, transfer and manage exposure in real time during periods of heightened market stress. Sign up for our daily business newsletter, Cheques & Balances.The move has gathered pace through 2026, partic»»»
Infantino urges Iran to participate in FIFA World Cup
DPA Berlin FIFA president Gianni Infantino is pushing for Iran to participate in the World Cup in the United States, Canada and Mexico this summer despite the conflict against co-hosts US and Israel. “We want Iran to play, and Iran will play in the World Cup. There is no plan B, C, or D - there is »»»
US power vs Iran leverage: The real battle in the war
Dubai: The war with Iran is exposing a hard truth for Washington — overwhelming military power does not always translate into control. On paper, the United States and its ally Israel hold a decisive advantage. With unmatched military capability, global reach and economic weight, the balance of powe»»»
IndiGo appoints Willie Walsh as CEO
Dubai: IndiGo has appointed International Air Transport Association Director General Willie Walsh as its next CEO. Sign up for our daily business newsletter, Cheques & Balances.Walsh will step down from IATA on July 31 and is expected to join IndiGo by early August, subject to regulatory approvals.»»»
Rare bustard chick gets 50-strong guard after marathon rescue
Ahmedabad: A newly hatched chick of the critically endangered Great Indian Bustard is now under the watch of a 50-member team of wildlife staff in Gujarat, marking a rare and fragile milestone in efforts to save one of India’s most threatened birds. The chick, born after a fertilised egg was transp»»»
Editors of leading Czech outlets call on PM Babiš to respect press freedom
Editors of leading Czech outlets called on billionaire Prime Minister Andre Babiš, leader of the ruling populist Ano party, to respect “free, independent and critical journalism”. The joint statement, shared by&n»»»
Whoop secures $575m with Mubadala, QIA backing
Dubai: Whoop has raised $575 million in fresh funding at a $10.1 billion valuation, with strong participation from GCC investors signalling growing regional influence in global health technology. Sign up for our daily business newsletter, Cheques & Balances.The round was led by Collaborative Fund a»»»
Could the Hormuz crisis eclipse the 1970s oil shock?
Dubai: As the US-Iran conflict disrupts flows through the Strait of Hormuz, the question echoing across markets is stark: Could this become a bigger shock than the oil crises of the 1970s? The comparison is not just historical — it is a benchmark for global economic stress. The 1973 oil crisis, tri»»»
Dh12m rent for a Dubai penthouse sets new record
Dubai: Dubai’s ultra luxury property market has set a new benchmark, with a Burj Khalifa penthouse leased for Dh12 million per year, the highest annual apartment rent recorded in the UAE. Sign up for our daily business newsletter, Cheques & Balances.The duplex residence spans the 87th and 88th floo»»»
U.N. Human Rights Council adopts North Korea resolution - UPI.com
The U.N. Human Rights Council adopted a resolution condemning North Korea's human rights violations during a session in Geneva Monday. The Council's 61st session opened on Feb. 23, as seen in this file photo. File Photo by Valentin Flauraud/EPA SEOUL, March 31 (UPI) -- The United Nations Human Righ»»»
'Keeping a part of home alive': How Dubai families celebrate Easter traditions through food and faith
A homemade marzipan egg made from cashews, almond, sugar and a bit of rose water. It's warm, comforting and just spells home. That’s the little touch of love that Dubai-based Priscilla Dorris Janarthanan, a homemaker, cook and hair technician brings to Easter. Their family follows a routine: Begin »»»
Abu Dhabi investor expands into US energy network
Dubai; Abu Dhabi-based ePointZero is moving to deepen its presence in global energy infrastructure with a $2.25 billion acquisition of US-based Traverse Midstream Partners. Sign up for our daily business newsletter, Cheques & Balances.The deal gives the company full ownership of a portfolio tied to»»»
IHC to take control of Indian lender in $1 billion deal
Dubai: Abu Dhabi-based IHC is moving to take control of India’s Sammaan Capital in a $1 billion deal that signals a focus on financial services and emerging market growth. Sign up for our daily business newsletter, Cheques & Balances.The investment will give IHC a 41.5% stake in the mortgage-focuse»»»
UAE remittances get a lift as peso slides past 16.5
Dubai: The Philippine peso weakened again on Tuesday morning, pushing past 16.5 against the UAE dirham and extending a steady decline seen in recent sessions. Sign up for our daily business newsletter, Cheques & Balances.At 9.35 am, Dh1 fetched 16.53 pesos, near the upper end of its recent trading »»»
Dubai gold climbs back toward Dh550 after volatile March correction
Dubai: Gold prices in Dubai moved higher early Tuesday, extending a modest recovery after a sharp correction earlier in March. (Check latest UAE gold prices here, alongside prices in Saudi Arabia, Oman, Qatar, Bahrain, Kuwait, and India.) Sign up for our daily business newsletter, Cheques & Balance»»»
Kharg back on Trump’s mind: What seizing Iran’s oil lifeline could trigger
Dubai: Donald Trump has revived an idea he first floated decades ago — as early as 1988 — telling the Financial Times on March 29 that he is still considering whether to seize Kharg Island, Iran’s key oil export hub. At the centre of that strategy is Kharg Island, a small but vital outpost in the A»»»
US loses key ‘eyes in the sky’ in Iran strike at Saudi base: Why it matters in war
Dubai: The destruction of a key US airborne radar aircraft in an Iranian strike is being seen as a significant setback to Washington’s battlefield awareness and command capabilities, with analysts warning it could weaken the ability to detect and respond to threats across the region. Dramatic image»»»
Medjedovic beats Altmeier to win Naples challenger tournament
NAPLES - Serbian tennis player Hamad Medjedovic won the Tennis Napoli Cup on Sunday after beating German Daniel Altmeier 6-2, 6-4 in the final of the Naples ATP Challenger tournament. Medjedovic, who won after an hour and 39 minutes of play, is now back in the Top 100 of the ATP rankings, moving up»»»
China's flag carrier resumes Beijing-Pyongyang direct flights: reports - UPI.com
A flight information board at Beijing Capital International Airport on Monday shows departure details of an Air China flight bound for Pyongyang. Photo by Yonhap China's national carrier has resumed direct flights between Beijing and Pyongyang, news reports said Monday, the latest sign of restored »»»
Dubai gold falls from Dh640 peak, buyers step in as prices steady
Dubai: Dubai gold prices opened slightly higher on Monday morning, showing signs of stability after a volatile month that saw sharp swings and a steep correction from early March peaks. Sign up for our daily business newsletter, Cheques & Balances.At 8:35 am, 24-karat gold stood at Dh541.50 per gra»»»
Private markets draw more Middle East money as investors seek returns
Dubai: Private markets are taking a larger share of investor attention, with more capital moving into assets outside traditional stock and bond markets. A growing number of companies are choosing to remain private for longer, which is changing where and how value is created. Sign up for our daily b»»»
Yemen’s Houthi militants raise Red Sea trade risks amid Hormuz strain
Dubai: After holding fire for nearly a month, Yemen’s Houthi militants have entered the widening US-Iran war — launching missiles toward Israel in a move that could open a dangerous new front and threaten global trade routes. The Iran-aligned group, which controls Yemen’s capital Sanaa and large pa»»»
Ground war next? US readies Iran options as troops move: What we know
Dubai: The United States is actively preparing options for ground operations in Iran — including deploying thousands of troops for coastal raids and potential island seizures — in what could mark a major escalation of the war, according to a report by The Washington Post. While President Donald Tru»»»
Tamil Nadu polls: Actor C Joseph Vijay to contest from 2 seats on debut battle
Actor-turned-politician C Joseph Vijay on Sunday formally stepped into electoral politics, announcing that he will contest from two constituencies in the upcoming Tamil Nadu Assembly elections. The Tamilaga Vettri Kazhagam (TVK) chief said he will stand from Perambur in Chennai and Tiruchirappalli »»»
ICBF organises blood donation camp at HMC Blood Donation Centre
Doha, Qatar: The Indian Community Benevolent Forum (ICBF), continuing its commitment to dedicated service for the expatriate Indian community in Qatar, successfully organised a blood donation camp in association with Hamad Medical Corporation (HMC) at the Qatar National Blood Donation Centre. The c»»»
What Taiwan's imprisonment of opposition figure Ko Wen-je means for its political landscape
Taiwanese opposition figure Ko Wen-je was sentenced this week to 17 years in prison, ending his bid for the 2028 presidential election and removing a prominent centrist from the political stage. Analysts say the ruling could reshape the island’s political dynamics, with implications »»»
Dubai landlords hold firm, no rush to sell despite tensions
Dubai: Dubai’s property market is holding steady despite recent geopolitical tensions, with landlords staying put while buyers and tenants adjust their decisions. Sign up for our daily business newsletter, Cheques & Balances.Data from Smart Bricks shows that around 85% of landlords are not consider»»»
Live updates: Yemen’s Houthis fire first missile on Israel as war in Middle East intensifies – Ya Libnan
Share: An Israeli first responder walks from the site of a missile strike in Tel Aviv, Israel, early Saturday, March 28, 2026. (AP Photo/Maya Levin) Major developments we’re following: Yemen’s Iran-backed Houthis claimed responsibility for a missile attack on Israel on Saturday, raising concerns ab»»»
Who are Yemen’s Houthis? Militants opening a new front in a dangerous escalation
Dubai: Yemen’s Iran-backed Al Houthi militants have opened a new front in the widening Middle East war, claiming their first missile launch toward Israel since the conflict began. The move marks a significant escalation, raising fears of renewed attacks on Red Sea shipping and deeper regional spill»»»
Central Europe curbs gun trafficking but faces new risks from Ukraine war, report says
Firearm violence across Central Europe remains among the lowest in the world, but the region continues to play a role in the illicit circulation of weapons, according to a new report by the Global Initiative Against Transnational Organized Crime. »»»
Central Europe curbs gun trafficking but faces new risks from Ukraine war, report says
Firearm violence across Central Europe remains among the lowest in the world, but the region continues to play a role in the illicit circulation of weapons, according to a new report by the Global Initiative Against Transnational Organized Crime. »»»
Central Europe curbs gun trafficking but faces new risks from Ukraine war, report says
Firearm violence across Central Europe remains among the lowest in the world, but the region continues to play a role in the illicit circulation of weapons, according to a new report by the Global Initiative Against Transnational Organized Crime. »»»
Central Europe curbs gun trafficking but faces new risks from Ukraine war, report says
Firearm violence across Central Europe remains among the lowest in the world, but the region continues to play a role in the illicit circulation of weapons, according to a new report by the Global Initiative Against Transnational Organized Crime. »»»
Iranian attack on Saudi base wounds at least 10 US troops and damages several planes
WASHINGTON: An Iranian missile attack Friday wounded at least 10 US service members and damaged several planes at a military base in Saudi Arabia, according to two US officials familiar with the situation. Two of the troops were seriously wounded, one of the officials said. The attack on Prince Sul»»»
Branimir Michev Is Top-of-the-List Candidate of Party of the Greens for Dobrich 8th Constituency
BTA will publish the names of the top-of-the-list candidates of every party/coalition for all constituencies for the April 19 parliamentary elections. The information about the candidates is provided by the respective political entity, the candidates themselves and other official sources. Branimir »»»
ADNOC, OMV name leadership team for new global Borouge group
Dubai: ADNOC and OMV have confirmed the executive leadership team for Borouge Group International AG, marking a key step in building a global chemicals company through the combination of Borouge, Borealis and the planned acquisition of NOVA Chemicals. Sign up for our daily business newsletter, Cheq»»»
Rupee falls for 6th time this month, boosting UAE remittances
Dubai: The Indian rupee slipped to another record low against the UAE dirham on Friday, extending a month of steady declines that is reshaping remittance flows for Indian expats. Sign up for our daily business newsletter, Cheques & Balances.At 1:00 pm, Dh1 was equivalent to Rs25.79, marking the six»»»