Indian Rupee Slips to Record Low Against UAE Dirham; RBI Likely Intervenes to Curb Losses
The Indian rupee plunged to a record low against the UAE dirham on Thursday, touching…
UAE: Ras Al Khaimah Luxury Real Estate Set to Deliver Over 5,000 Branded Units by 2030
Ras Al Khaimah (RAK) is witnessing a rapid expansion in its luxury real estate sector,…
SpaceX Insider Share Sale Suggests $800 Billion Valuation Ahead of Potential IPO
SpaceX has set a valuation of approximately $800 billion following an insider share sale, according to…
UAE Poised to Power GCC’s 2026 Economic Boom with 5.6% Growth
The United Arab Emirates is set to drive the Gulf Cooperation Council’s economic growth in…
Sheikh Mohammed Approves Record Dh302.7-Billion Dubai Budget for 2026–2028
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the…
Saudi Arabia Projects $44 Billion Budget Deficit for 2026
Saudi Arabia has unveiled its 2026 national budget, forecasting a deficit of around 165 billion…
Aramco’s Jafurah Gas Plant Begins Production, Marking Major Boost to Saudi Energy Strategy
Saudi Arabia has marked a major milestone in its energy expansion plans as Saudi Aramco’s…
GCC Debt Capital Market Hits $1.1 Trillion, Outlook Remains Strong for 2026: Fitch
The Gulf Cooperation Council (GCC) debt capital market has continued its impressive growth trajectory, with…
Bahrain Unveils $1.5 Billion Digital City Masterplan at Gateway Gulf 2025
Bahrain has unveiled a $1.5 billion masterplan for its ambitious Digital City development, as part of…