The UAE is preparing to launch the Digital Dirham, a central bank digital currency that will revolutionize how money is used across the country — from faster payments and lower transaction costs to secure cross-border transfers and enhanced financial inclusion.
The Indian rupee has tumbled to ₹23.86 per UAE dirham, prompting a surge in remittances from Indian expatriates in the UAE. This sharp decline follows recent global trade tensions and is sparking one of the strongest remittance waves among NRIs in recent memory
Read MoreUAE-based NRIs are being urged to file their Indian Income Tax Returns (ITRs) before the July 31 deadline, even if they live in a tax-free country. Experts warn that failure to report Indian income, claim refunds on TDS, or disclose overseas assets could lead to penalties and increased scrutiny under India’s tightened tax laws.
Read MoreDubai’s property market may be heading for a slowdown as more home buyers anticipate a drop in prices. With changing market dynamics and stabilizing rents, confidence in continued price hikes appears to be fading.
Read MoreAI is transforming the way UAE investors approach the stock market. With intelligent trading bots offering real-time analysis and emotion-free decisions, more residents are now relying on these tools to trade smarter, faster, and around the clock.
Read MoreDespite high gold prices in Dubai, budget-focused jewellery buyers are still active in the market, with plain gold chains and bangles under Dh3,000 seeing steady demand. These simple, no-frills pieces come with minimal making charges, making them an attractive option for shoppers looking to invest in gold without stretching their budget.
Read MoreGold prices have seen a sharp surge this week, with investors worldwide flocking to the traditional safe-haven asset amid intensifying global economic concerns. The rally comes in response to a perfect storm of market volatility, including stalled U.S. trade negotiations, mounting expectations of interest rate cuts by the Federal Reserve, and sustained weakness in the U.S. dollar.
Read MoreDubai residents can now enjoy ChatGPT Plus for free. Discover why this AI upgrade is happening and what it means for users in the UAE. Learn more now.
Read MoreWe are incredibly excited to inaugurate our 9th branch in the world-renowned Gold Souk," said a spokesperson for Alhind Jewellery.
Read MoreIn a strategic move to streamline its operations, Emirates NBD, Dubai’s largest banking group by assets, has announced plans to complete its acquisition of Emirates Islamic Bank (EIB) and remove it from listing on the Dubai Financial Market (DFM).
Read MoreIn the mid-1970s, Dubai embarked on a transformative journey under the visionary leadership of Sheikh Rashid bin Saeed Al Maktoum. Amidst skepticism and a landscape dominated by desert sands, the foundation was laid for what would become the city's first skyscraper—the Dubai World Trade Centre (DWTC).
Read MoreOn June 4, 2025, U.S. President Donald Trump signed a proclamation implementing a travel ban that fully restricts entry into the United States for nationals from 12 countries. The countries affected by the full ban are Afghanistan, Myanmar, Chad, Congo, Equatorial Guinea, Eritrea, Haiti, Iran, Libya, Somalia, Sudan, and Yemen.
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