Business

Oil prices to reach $56 a barrel next year, World Bank says

Oil prices will edge up to $56 a barrel next year from this year’s $53 a barrel level on ri

Apple says iPhone X pre-orders are “off the charts”

Apple Inc. quashed any concern of muted demand for its iPhone X on Friday, saying pre-orders for

Blockade backfiring for Saudi businesses?

“As you sow, so shall you reap”, so goes the proverb. The first sector that t

Oil prices rise on tightening supply, strong demand

Oil prices rose on Monday over supply concerns in the Middle East and as the US market showed fur

Egypt says Bahrain, Kuwait and UAE to lift ban on its agriculture exports

Bahrain, Kuwait and the UAE have agreed to lift a ban on imports of Egyptian agricultural product

Oil prices rise on tighter US market, Middle East tensions

Oil prices rose on Wednesday, lifted by a fall in US crude inventories and concerns that tensions

LuLu Group to Expand to the Philippines

LuLu Group, which runs hypermarkets in GCC, Egypt and India, eyes to expand its footprints in Sou

UAE residents to pay double for tobacco products

A pack of 20 cigarettes will now set smokers back about Dh22

UAE tax to double tobacco, energy drink prices

World’s biggest uncut diamond sells for $53m

Europol warns banks ATM cyberattacks on the rise

 Cyber criminals are increasingly accessing automated teller machines (ATMs) through the ban

Qatar visitor arrivals from Gulf neighbors drop 18% in 7 months

Pakistan’s Habib Bank to pay $225m New York fine

The New York State Department of Financial Services on Thursday said Pakistan's Habib Bank ha

UAE increases petrol prices for September

Prices have increased for the second straight month.

Pay zero VAT on these goods, services in the UAE

The 5 per cent tax is set to be imposed on the import and s