Oil prices rose while global stock markets mostly declined as US-Iran peace talks stalled, increasing concerns over supply disruptions in the Strait of Hormuz. Investors remain cautious as rising geopolitical tensions continue to impact energy markets, inflation, and overall economic stability worldwide.
The Iran conflict is disrupting global oil trade by affecting key shipping routes like the Strait of Hormuz, leading to supply concerns and rising oil prices. The situation is increasing market volatility and raising questions about the long-term stability of the petrodollar system, though the US dollar still remains dominant in oil trade.
Read MoreUAE investors are shifting towards gold and oil as safer investment options amid global uncertainty, while interest in cryptocurrencies shows signs of slowing down.
Read MoreDubai's RTA just opened a brand new vehicle testing centre in Jebel Ali with extended hours that actually work around your schedule. If renewing your registration has always been a hassle, this one's worth knowing about.
Read MoreThe UAE is expected to announce its fuel prices for April 2026, with global oil trends pointing toward a possible increase. The update comes as dozens of countries worldwide have already raised fuel prices amid rising crude oil costs triggered by ongoing geopolitical tensions.
Read MoreIndian rupee weakens to multi-year lows as rising oil prices, strong dollar, and foreign outflows put increasing pressure on the currency.
Read MoreThe UAE has launched the first phase of its R&D Tax Incentives Programme, offering up to 50% tax credit to businesses to boost innovation, attract investment, and support long-term economic growth.
Read MoreGold buyers in the UAE are seeing a welcome opportunity as prices in Dubai eased to their lowest levels this month amid fluctuations in global markets. After rising earlier due to geopolitical tensions and strong investor demand, the precious metal has now corrected slightly, creating a favorable moment for jewelry shoppers and investors.
Read MoreDubai’s property market is once again demonstrating its resilience as global investors adjust to the uncertainties created by ongoing war tensions. While some high-end districts experienced a brief slowdown in transactions, the shift has opened new opportunities across emerging residential communities, highlighting the adaptability and long-term strength of the emirate’s real estate sector.
Read MoreAir India and Air India Express will operate 78 flights between India and key Gulf destinations on March 13 to support travellers amid regional disruptions. The services will connect major Indian cities with the United Arab Emirates, Saudi Arabia and Oman, ensuring continued travel connectivity.
Read MoreRising tensions involving the United States, Iran, and Israel have disrupted flights across the Middle East, prompting travellers in the United Arab Emirates to review their travel insurance coverage. Insurers say premiums remain stable for now, but travellers are advised to carefully check policy terms, especially exclusions related to war and regional conflicts.
Read MoreGold prices in Dubai surged by more than Dh14 per gram within 24 hours as global uncertainty increased demand for the precious metal. Investors are turning to gold as a safe-haven asset amid geopolitical tensions and economic concerns.
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