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Sunday · February 10, 2026

Why Dubai’s property boom is built to last for a long time

Dubai’s property market is rising at a pace few global cities can match, but analysts say the current upswing is being driven by structural demand rather than speculative excess.

Dubai sells 500 homes valued at over $10 million in 2025, sets new record

Dubai’s luxury property market achieved a new record, reaching 500 homes valued at $10 million in 2025, including a record 68 homes being sold worth more than $25 million, according to the property consultancy Knight Frank.This is compared to 435 luxury homes of $10-million-plus being sold in 2024 and 46 uber-luxury homes of $25 million-plus valued changing hands during the year.Faisal Durrani, partner and head of research for Mena at Knight Frank, said there is a huge appetite among regional an

Indian rupee hits record low against dirham; will UAE grocery prices fall?

The Indian rupee's record low against the UAE dirham and the US dollar's mixed bag of fortunes has resulted in a price drop in some goods. However, rising production and transportation costs in India often outweigh the currency advantage.The Indian rupee has hit an all time low against the Emirati currency and the US dollar, reaching 24.6 against the dirham and 90.4 against the greenback.Shuaib Alhammadi, director of community relations, Union Coop, said this is an opportunity to import more fro

Indian rupee slips to record low against UAE dirham, but RBI likely curbs losses

The Indian rupee declined to a record low on Thursday (Dh24.53), deepening its fall past the 90-per-dollar mark as corporate dollar sales and the lack of tangible progress towards a trade deal with the US hurt Asia's worst-performing currency.The rupee has fallen more than 5 per cent against the dollar in 2025, as US tariffs of up to 50 per cent on Indian goods have hurt exports to the country's biggest market and have diminished the appeal of local equities.Foreign investors have pulled out nea

UAE residents can now track and improve their credit score in real-time

The way UAE residents manage and understand their credit is undergoing a major transformation with Etihad Credit Bureau (ECB) rolling out sweeping reforms designed to give customers more control over their financial data and a clearer view of how their credit behaviour shapes opportunity.

Reverse home bias and the New Year resolution that can change your wealth
Every new year begins the same way.
            
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UAE businesses continue to remain on strong growth track

India upgrades economic growth forecasts 2025-26 to 7.4%

Dubai gold prices at record high; 24K reaches Dh550 per gram

Is 2026 the year crypto finally moves from speculation to structural maturity?

Crypto’s coming of age: 2026 set to redefine digital assets beyond price hype

India proposes forcing smartphone makers to give source code in security overhaul

Samsung Galaxy S26 Ultra: Expected release date, features and UAE price

January is traditionally an exciting month for Samsung fans, as it usually signals the arrival of the next-generation Galaxy S series. In 2026, however, the wait is slightly longer than usual. The much-anticipated Samsung Galaxy S26 series, led by the Galaxy S26 Ultra, is expected to debut a few weeks later than Samsung’s typical January schedule.

Indian rupee slips to record low against UAE dirham, but RBI likely curbs losses

All January 9 flights to Iran cancelled, Flydubai spokesperson confirms

[Editor's Note: Follow Khaleej Times' live blog for real-time updates on the protests in Iran]According to the Dubai Airport website, at least 17 flights have been cancelled from Dubai to various Iranian cities including Tehran, Shiraz and Mashhad. A Flydubai spokesperson told Khaleej Times that all its flights to Iran on Friday (January 9) have been canceled. “We are in direct contact with passengers whose travel plans have been affected,” the spokesperson said. “We will continue to monitor the

Etihad flies a record 22.4 million passengers in 2025, launches 16 new routes

Abu Dhabi-based Etihad Airways carried 22.4 million passengers in 2025, an increase of 21 per cent year-on-year and the highest annual total in its history.The UAE national carrier’s passenger load factor in 2025 reached 88.3 per cent, up two percentage points compared with 2024, reflecting strong commercial performance throughout the year.The increase in passenger traffic was driven by sustained demand and disciplined capacity growth across its expanding global network..In December 2025 alone,

Du reports 7.9% year-on-year increase in revenues, reaching Dh3.87 billion in Q3 2025

Emirates Integrated Telecommunications Company PJSC (du) on Thursday reported a solid financial and operational performance for the third quarter of 2025, underpinned by strong commercial momentum, disciplined execution, and strategic investments in high-growth areas.The telecom operator posted a 7.9 per cent year-on-year increase in revenues, reaching Dh3.87 billion for the quarter, driven by robust growth across its mobile, fixed, and ICT segments. Net profit rose to Dh732 million, marking a 1

UAE's mobile market set for data-driven growth as 5G subscriptions surge

The mobile services sector in the UAE is set for a steady advance over the rest of the decade as demand for high-volume data plans and widespread 5G adoption reshape how consumers and businesses use mobile networks. According to new modelling by analytics firm GlobalData, mobile service revenue in the UAE is projected to grow at a compound annual growth rate (CAGR) of 4 per cent between 2025 and 2030 — a shift driven by rising data consumption even as traditional voice revenue continues to decli

Why crude oil’s slide looks set to hit $50 this year

Oil prices are drifting lower with a stubborn sense of inevitability, weighed down by swelling supply and an unconvincing geopolitical risk premium, even after the shock of a US strike in Venezuela.From Wall Street to Mumbai, analysts are converging on a view that crude could revisit levels last seen during periods of acute oversupply, with Brent flirting with $50 a barrel by mid-year and struggling to mount a durable recovery.The immediate drag is Opec+ itself. After years of restraining output

Oil steadies as market assesses potential disruption in Iran, dealmaking for Venezuela

Oil prices steadied on Friday as concerns about potential disruption to Iran's output were offset by expectations of increased supply from Venezuela.Brent futures gained 18 cents, or 0.3 per cent, to $62.17 per barrel by 1005 GMT, while US West Texas Intermediate (WTI) crude climbed 17 cents, or 0.3 per cent, to $57.93.Both benchmarks climbed more than 3 per cent on Thursday, following two straight days of declines. For the week, Brent is on track to climb 2.3 per cent, while WTI has gained 1 pe

Airbus CEO says Boeing likely to win order race this year

Airbus CEO Guillaume Faury conceded likely defeat in the annual order race against Boeing on Wednesday, saying it was possible Boeing would win for the first time in six years, helped by settlements over U.S. tariff disputes.Airbus remains ahead of its U.S. rival in deliveries and the pipeline of outstanding orders, Faury told France Inter. Buoyed by strong demand for its 787 long-haul jet, Boeing on Wednesday posted 908 net orders after cancellations between January and November, compared with

Warner Bros bidding war and red hot M&A market has dealmakers working through holidays

A flurry of multi-billion-dollar deals has bankers and advisers from Wall Street to Canary Wharf packing laptops next to presents and warning family and friends their holiday vacations over the next two weeks will be cut short. There have been $463.6 billion in mergers and acquisitions announced this month, 30% more than last year, including Trump Media Technology Group's $6 billion merger with nuclear fusion firm TAE Technologies, IBM's $11 billion purchase of data infrastructure company Confl

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Abu Dhabi to invest Dh240 billion in infrastructure over the next 7 to 10 years

Abu Dhabi will invest Dh240 billion ($65.4 billion) over the coming years in infrastructure development, with a strong role for private-sector entities, as the emirate sees its population doubling by 2040, a senior official said on Monday.“A lot of people think infrastructure is construction, but it touches a lot of different economic sectors — hospitality, healthcare, education, construction and transportation, etc. When the government actually pumps a lot of investment into infrastructure and

YongKang International Trading Co Ltd strengthens global presence with strategic expansion into UAE’s energy storage sector

In a significant move that highlights the UAE’s growing importance as a regional energy and logistics hub, YKI – YongKang International Trading Co Ltd, a Taiwan-founded enterprise with advanced production capabilities in China, has officially expanded its operations into the UAE

India regulator alleges Bank of America breached rules in 2024 stock deal, document shows

India’s markets regulator has accused a Bank of America (BofA) unit of violating its insider trading rules and breaking internal "Chinese walls" in connection with a 2024 share sale, a notice showed.The notice followed a Securities and Exchange Board of India (SEBI) investigation into the conduct of the bank's domestic securities unit in managing a March 2024 stock sale of Aditya Birla Sun Life Asset Management (ABSL AMC).The investigation found the bank's deal team, while holding unpublished pr

Aldar successfully prices $1 billion hybrid notes to accelerate growth agenda

Aldar has successfully priced its $1.0 billion subordinated dated hybrid notes. The transaction attracted robust demand from a global institutional investor base, underscoring confidence in Aldar’s credit profile, and earnings outlook as it continues to deliver on its transformational growth strategy.Proceeds from the issuance are intended to support the continuation of Aldar’s growth agenda and its strategic priorities, including landbank replenishment, expansion of its develop-to-hold portfoli

2025 Bentley Flying Spur Speed review: The new hybrid flagship

For over a century‭, ‬Bentley has embodied a blend of stateliness and raw ability‭, ‬earning its place in novels‭, ‬films and countless‭ ‬celebrity garages‭. ‬Among its coupés‭, ‬sedans and SUVs‭, ‬it is the Flying Spur we focus on today‭, ‬now the brand’s flagship following the Mulsanne’s retirement‭. ‬Fortune struck when I was handed the keys to a nearly Dh2‭ ‬million 2025‭ ‬Bentley Flying Spur Speed to experience its‭ ‬craftsmanship and performance‭. ‬

Europe's auto industry future may be electric even after EU climbdown

Brussels' proposal to abandon a 2035 deadline for a total shift to fully electric driving allows Europe's legacy carmakers more time to sell hybrids, but for the longer term, EVs are still the future, analysts and experts said.Last month, the European Commission published plans to abandon an effective 2035 ban on combustion engine cars, after lobbying from the region's auto sector, helping them better compete against fast-moving Chinese rivals.Plug-in hybrids, range-extended EVs, which use a sma

8 Essential Elements That Shape the Success of an Online Business in the UAE

The UAE is one of the fastest-expanding eCommerce markets in the region, with online retail continuing to gain momentum year after year. For entrepreneurs, launching an online business may seem straightforward, but sustaining growth in such a competitive environment requires much more than just listing products and waiting for sales to happen.Many new business owners focus heavily on profits from day one. While revenue is important, long-term success depends on a combination of operational, tech

How to Reduce Startup Costs for Small Businesses?

Starting a small business in the UAE can be exciting, but it often comes with high initial costs. From company registration to office setup, equipment, and marketing, expenses can quickly add up. Even with careful planning, new entrepreneurs often find themselves spending tens of thousands of dirhams in the first year.The key to success is managing these expenses wisely. By finding smarter alternatives, you can stretch your budget without compromising quality or growth potential. Here are some p