Snowstorm triggers 400 flight cancellations across New York
Dubai: A winter storm bearing down on the US Northeast has brought air travel to a standstill across New York City’s major airports, creating chaos for thousands of holiday travellers. Sign up for our daily business newsletter, Cheques & Balances.Flight tracking site FlightAware reported at least 4»»»
Gold prices hit record highs in Dubai. Is there any relief ahead for buyers?
Dubai: Gold prices in Dubai rose to fresh all-time highs Friday morning as global precious metals extended their record-breaking rally. The 24-karat variety stood at Dh543.25 per gram at 8:10 am, up from Thursday’s close of Dh539.75. The 22‑karat variety rose to Dh503, up from Dh499.75 the previous»»»
With New Year around the corner, here’s what hotels across the UAE really cost
Dubai: With the New Year just days away, the UAE is slipping into full celebration mode. From landmark countdowns in Dubai to record-breaking displays in Abu Dhabi and Ras Al Khaimah, the country is preparing for one of its busiest festive weeks of the year. Sign up for our daily business newslette»»»
Brainy n Bright unveils 2026 initiatives to unite UAE families through technology
Dubai: Brainy n Bright, a leading name in technology and innovation education in the Middle East, has unveiled a comprehensive portfolio of initiatives for 2026, aligning its vision closely with the UAE’s declaration of the Year of The Family. Having upskilled learners across age groups since 2019,»»»
China-based AWOT picks Dubai to anchor Middle East, Africa and Europe expansion
Dubai: Dubai Airport Freezone welcomed AWOT Global Logistics Corporation's new regional headquarters Thursday, cementing the emirate's pull as a logistics powerhouse for one of the world's top 10 air freight companies. Sign up for our daily business newsletter, Cheques & Balances.AWOT, ranked ninth»»»
The Lion King star Imani Dia Smith stabbed to death at 25; boyfriend arrested
Imani Dia Smith, a Broadway actor best known for playing Young Nala in the stage adaptation of The Lion King, was stabbed to death at her residence in New Jersey on Sunday, December 21. She was 25. According to a press release issued by the Middlesex County Prosecutor’s Office, authorities responde»»»
Little relief for Dubai gold buyers as prices hold near all-time highs
Dubai: Gold prices in Dubai ticked higher on Thursday morning, even as the global bullion rally showed signs of catching its breath after hitting fresh records. The 24‑karat category stood at Dh539.75 per gram as of 9:45 am in Dubai, up from Wednesday’s close of Dh537.25, while 22‑karat rose to Dh4»»»
Not gold this time, silver and platinum are the metals shocking buyers into 2026
Dubai: Gold grabbed the headlines in 2025, but the bigger percentage shocks came from silver and platinum. Both metals have surged more than 150% year to date, forcing investors, jewellers, and industrial buyers to reprice what “expensive” looks like and to rethink what 2026 could bring if supply s»»»
Cocaine smugglers are plaguing international shipping companies
Cool Carriers, the world’s largest operator of specialised refrigerated cargo vessels, known as reefers, has rejected allegations broadcast by Danish TV2 linking the group to a cocaine-smuggling scheme off Denmark’s coast, insisting it had no operational control over the ships or the crew inv»»»
Cocaine smugglers are plaguing international shipping companies
Cool Carriers, the world’s largest operator of specialised refrigerated cargo vessels, known as reefers, has rejected allegations broadcast by Danish TV2 linking the group to a cocaine-smuggling scheme off Denmark’s coast, insisting it had no operational control over the ships or the crew inv»»»
Democratic board member muted during Kennedy Center vote sues to remove Trump's name
Democratic US Representative Joyce Beatty has filed a lawsuit seeking to remove President Donald Trump's name from the John F. Kennedy Center for the Performing Arts. Last week, the board of the Kennedy Center - which Trump filled with allies - voted to rename the performing arts centre the Trump-K»»»
Why is platinum suddenly so expensive, and what does it mean for buyers?
Dubai: Platinum surged to a fresh all-time high above $2,300 an ounce Wednesday, trading at $2,331.30 by 6:09 am GMT on tight global supplies, elevated borrowing costs and tariff hedging. The metal climbed for a 10th straight session, its longest streak since 2017, and has rocketed over 150% this y»»»
Watch: Plane lands itself after cabin pressure failure in historic first
Dubai: A Beechcraft Super King Air 200 autolanded itself Tuesday at Rocky Mountain Metropolitan Airport after a rapid loss of cabin pressure, marking the first full real-world use of Garmin's Autoland system from takeoff to shutdown. Sign up for our daily business newsletter, Cheques & Balances.The»»»
A step-by-step guide for UK buyers entering Dubai property
Dubai: British buyers arriving in the UAE property market often bring expectations shaped by the UK’s predictable mortgage system, slower price cycles and uniform ownership structures. Those assumptions can lead to costly mistakes when they try to move quickly in a market that functions differently»»»
Dubai gold pulls back slightly after record highs, rally far from over
Dubai: Gold prices in Dubai extended their rally on Wednesday morning, with 24-karat gold trading at Dh542 per gram and 22-karat at Dh502 as of 9.25 am. The move follows Tuesday’s all-time high of Dh540.25 for 24-karat gold and the first breach of Dh500 for 22-karat at Dh500.25. A month ago, on Nov»»»
Peru’s broken regulatory system is enabling illegal mining networks
Peru’s latest decision to prolong the Integrated Registry for Mining Formalisation (Reinfo), a controversial scheme granting temporary permits to informal miners, is the clearest indication that the state has lost control over its primary tool for regulating small-scale mining. Despite nearly a dec»»»
Dubai gold pulls back slightly after record highs, rally far from over
Dubai: Gold prices in Dubai eased slightly on Wednesday morning, with 24-karat standing at Dh539.75 per gram and 22-karat at Dh499.75 as of 8:15 am. The levels follow Tuesday's all-time high of Dh540.25 for 24-karat and 22-karat's first breach of Dh500 at Dh500.25. A month prior, on November 24, pr»»»
Five policemen killed in militant attack N. Pakistan
ISLAMABAD, Dec 23 (KUNA) - (with photo) At least five policemen were killed on Tuesday when a police vehicle came under attack in Pakistan's northern Khyber Pakhtunkhwa (KPK) province bordering Afghanistan.The district police chief spokesperson, Shaukat Khan in a statement to media confirmed that f»»»
Egypt urges de-escalation in N. Syria
CAIRO, Dec 23 (KUNA) -- Egypt on Tuesday called for de-escalation, calm and dialogue in Syria, saying it is following with extreme concern clashes and rapid field developments in north Syria, especially Aleppo.In a press statement, the ministry said that these developments include violence and inti»»»
Saudi Arabia’s fastest-growing property market isn’t Riyadh, new report finds
Dubai: Dammam has emerged as Saudi Arabia's hottest property market in Q3, posting record 3,000 transactions worth SAR3.2 billion, up 60% year-on-year and 37% from Q2. The Eastern Province city attracts end users and investors with more affordable prices amid affordability strains in Riyadh and Jed»»»
AVS Lewis & Pecker launches AI-driven ERP platform for gold trade; to release Corporate Tax Guide
Ahead of the implementation of E-invoicing in the UAE, companies are hurrying up to mandate Accredited Service Providers (ASPs) as stipulated by the Federal Tax Authority (FTA) to comply with E-invoicing requirements. AVS Lewis & Pecker, leading Chartered Accountants and Business Advisors in the UA»»»
Crowd-favourite 22-karat gold crosses Dh500 in Dubai on its 50th record day
Dubai: Gold prices in Dubai reached another all-time high on Tuesday, with 24-karat gold reaching Dh540.25 per gram, up 1.37% from Dh533 the day before. The popular 22-karat variety shattered the Dh500 barrier for the first time at Dh500.25, climbing 1.29% from Dh493.75. Barely a month ago, on Nove»»»
From heavy sets to lighter buys, how record gold prices reshaped shopping
Dubai: Gold’s historic rally in 2025 delivered record prices and strong returns, but its most lasting impact may be how it fundamentally changed the way consumers buy the metal. Across the UAE, higher prices have not pushed buyers out of the market. Instead, they have made them more deliberate, mor»»»
Dubai gold prices break records twice in one day on strong global demand
Dubai. Gold prices in Dubai rocketed to a fresh all-time high for the second time Monday, reaching Dh531.50 per gram for 24-karat by 4:15 pm after touching Dh526.50 at 7:45 am. The 22-karat variety climbed to Dh492.25 from Dh487.50, mirroring a global surge that puts both metals on track for their »»»
From Musk to Yamal: These are the world’s most Googled people in 2025
Dubai: Politics, technology and entertainment dominated global search behaviour in 2025, with a small group of public figures accounting for a disproportionate share of online attention, according to an analysis by PlayersTime using Ahrefs search volume data. Sign up for our daily business newslett»»»
Shurooq sells 4,000+ units for Dh5.8 billion across Sharjah flagships
Dubai: Shurooq reported Dh5.8 billion in real estate sales with 96% of units sold across three major projects. More than 4,000 units went to local and international buyers in Maryam Island, Sharjah Sustainable City and Ajwan Khorfakkan. Sign up for our daily business newsletter, Cheques & Balances.»»»
Middle East M&A jumps 260% in 2025 driven by diversification push
Dubai: Middle East mergers and acquisitions rebounded sharply in 2025, with deal values surging 260% to $53 billion in the first nine months of the year, defying earlier market volatility and reinforcing the region’s reputation as one of the world’s most resilient dealmaking hubs. Sign up for our d»»»
Mubadala backs Central and Eastern Europe renewables push with €300m deal
Dubai: Mubadala Investment Company committed around €300 million to partner with Actis in Rezolv Energy, a fast-growing renewable platform in Central and Eastern Europe. The deal bolsters Mubadala's clean energy push and aims to position Rezolv as the region's top independent power producer. Sign u»»»
South Korea auto exports hit $66B through November, on track for record year - UPI.com
Cars are parked at a CarMax dealership in Westborough, Massachusetts on Monday, April 7, 2025. Late March, President Donald Trump announced that he will impose a 25 percent tariffs on all cars that are shipped into the United States. File Photo by Amanda Sabga/UPI | License Photo Dec. 21 (Asia Toda»»»
S Korea’s critical minerals push faces workforce gap deepen - UPI.com
The Korea Mine Rehabilitation and Mining Industry Corporation and universities shared information showing the industry struggles to secure human resources domestically and internationally. Graphic by Asia Today and translated by UPI. Dec. 21 (Asia Today) -- South Korea's drive to strengthen critica»»»
Abu Dhabi’s Modon takes majority stake in 54-storey New Jersey waterfront tower
Dubai: Modon Holding announced a joint venture Monday to develop Harborside 4, a 54-story luxury residential tower on prime waterfront land in downtown Jersey City. The Abu Dhabi-listed group takes a majority equity stake alongside US developers Related Companies and Panepinto Properties. Sign up f»»»
S Korea defense ministry revives N Korea policy unit as priorities shift to restoring trust - UPI.com
South Korea Joint Chiefs of Staff spokesman Col. Lee Sung-jun speaks at a press briefing held at Seoul's Defense Ministry on Thursday, August 7, 2025, to announce the upcoming Ulchi Freedom Shield 25 joint military exercise. The exercise will take place from Aug. 18-28. File Photo by Thomas Maresca»»»
S Korea opposition leader says president’s N Korea policy amounts to “surrender” - UPI.com
Jang Dong-hyuk, leader of the People Power Party, left, and Song Eon-seok, the party’s floor leader, attend a Supreme Council meeting at the National Assembly in Seoul on the 18th. Photo by Asia Today Dec. 21 (Asia Today) -- People Power Party leader Jang Dong-hyuk criticized President Lee Jae-myun»»»
China’s one-child policy fuels growing elder-care strain - UPI.com
Chinese men play a game of checkers on a sidewalk in Beijing on February 6, 2017. China made its first major change to its "one-child policy" in nearly 30 years to wrestle with a massive shift in its population toward the elderly, who cannot work and need support. File Photo by Stephen Shaver/UPI |»»»
Dubai gold surges to record levels in December rally
Dubai: Gold prices in Dubai surged to a new all-time high on Monday morning, tracking the global rally that has pushed the precious metal to its strongest levels in more than four decades. At 7:45 am in Dubai, the 24-karat variety stood at Dh526.50 a gram, while 22-karat gold was priced at Dh487.50»»»
Why Indian property developers are expanding into the UAE
Dubai: Indian property developers are expanding their presence in the UAE at a faster pace, drawn by regulatory clarity, strong demand from global buyers and a market structure that rewards execution over scale. Sign up for our daily business newsletter, Cheques & Balances.Executives from Indian re»»»
Third 'Avatar' film soars to top in N. American box office debut
Los Angeles, United States: "Avatar: Fire and Ash," the third installment in James Cameron's blockbuster sci-fi fantasy series, debuted atop the North American box office with $88 million in ticket sales in the weekend before Christmas, industry estimates showed Sunday. "Fire and Ash" grossed $345 »»»
From 47 million burgers to Dh4,600 grocery baskets: What people ordered online in the UAE in 2025
Dubai: If 2025 had a shopping basket, it would contain burgers, bananas, laban, fidget toys and at least one inflatable cooler. Data released by the UAE’s biggest delivery platforms offers a snapshot of what residents ordered online this year, capturing habits that range from routine essentials to »»»
How UAE workers are using their salaries differently in 2026
Dubai: Financial inclusion in the UAE is entering a new phase, with the focus shifting from access to actual usage. While the Wage Protection System has ensured near-universal digital salary payments, a large share of low-income workers still operate largely in cash. Sign up for our daily business »»»
Attack on security forces camp kills 4 soldiers, 4 militants in N. Pakistan
ISLAMABAD, Dec 19 (KUNA) -- At least four militants were killed and as many soldiers embraced martyrdom in an attack on a security forces camp in tribal district of Pakistan's northern Khyber Pakhtunkhwa (KPK) province bordering Afghanistan, Pakistan military said Friday.According to a press releas»»»
Geely recalls over 5,500 cars in UAE over fuel cap fault
Dubai: AGMC, Geely's UAE distributor, launched a recall for 5,584 Emgrand sedans built from August 3, 2023 to July 4, 2024 after headquarters in Hangzhou flagged faulty fuel filler caps. Non-vented caps can build vacuum pressure over time, potentially deforming fuel tanks and risking leaks if they »»»
USFK commander says DMZ should not become 'politicized,' amid bill to ease access - UPI.com
USFK Commander Gen. Xavier Brunson said Friday that the DMZ should not be "politicized," as debate swirls around a South Korean bill calling for government control of non-military access. In this July photo, Brunson speaks at a ceremony in Goyang marking U.N. Forces Day. Photo by Yonhap The command»»»
Dubai Airport operations return to normal after weather disruption
Dubai: Operations at Dubai International Airport have largely returned to normal following days of weather-related disruption, with flights now operating as scheduled and only a limited number of connecting services still being cleared. Sign up for our daily business newsletter, Cheques & Balances.»»»
Moving to the UAE from the UK? Here’s your visa guide for jobs, business and Golden Visas
Dubai: British professionals and business owners moving to the UAE are arriving better prepared than before, with visa pathways, budgets, and timelines increasingly planned in advance. Immigration specialists say the shift reflects growing use of long-term residency options and a more strategic app»»»
Expert says nuclear submarines are industrial strategy, not a budget drain - UPI.com
Moon Geun-sik, a special professor at Hanyang University’s Graduate School of Public Policy, appears on Ato TV’s live program “Koo Pil-hyun’s Military” on Nov. 12. Photo by Asia Today Dec. 18 (Asia Today) -- Nuclear-powered submarines should be viewed as an industrial, technology and energy strateg»»»
Seoul’s Unification Ministry aims for ‘peaceful coexistence’ with North Korea in 2026 plan - UPI.com
Unification Minister Chung Dong-young speaks during a briefing to President Lee Jae Myung on the ministry's 2026 policy plan on Friday. The ministry called for a "year of peaceful coexistence" with North Korea. Photo by Yonhap Dec. 19 (UPI) -- South Korea's Unification Ministry on Friday said it ai»»»
North Korea increasingly uses Kim’s Workers’ Party title, report says - UPI.com
Russia's President Vladimir Putin (center R) and North Korea's leader Kim Jong Un (center L) leave after their meeting in Beijing, China, on Wednesday, September 3, 2025. File Photo by Kremlin Press Office/UPI | License Photo Dec. 18 (Asia Today) -- North Korean media increasingly refer to Kim Jong»»»
ADNOC secures $2 billion K-SURE green financing to fund low-carbon projects
Dubai: ADNOC has secured a new $2 billion green financing facility backed by Korea Trade Insurance Corporation, taking its total green funding to $5 billion within just 18 months and underscoring how seriously the company is leaning into sustainable finance as it grows its business. Sign up for our»»»
N. Korean troops crossed inter-Korean land border 10 times in Nov.: lawmaker - UPI.com
North Korean soldiers crossed the inter-Korean land border 10 times in November, a South Korean lawmaker said Friday. In this April 2019 photo, South Korean soldiers walk alongside a barbed wire fence in the DMZ Peace Trail in Goseong. File Photo by Thomas Maresca/UPI | License Photo North Korean s»»»
Dubai Airport issues travel warning amid widespread flight disruption
Dubai: Dubai International Airport has issued a travel advisory urging passengers to plan ahead as unstable weather continues to disrupt flight operations, triggering delays, cancellations and congestion at one of the world’s busiest aviation hubs. Sign up for our daily business newsletter, Cheques»»»