Abu Dhabi ports have seen a 15.7% increase in non-oil trade during the second quarter of this year. Figures released by the emirate’s statistics centre show a surge in foreign demand for precious metals. It comes as analysts predict GCC economies to grow by 3.4% in 2015. Due to falling oil prices, countries with fewer financial buffers are witnessing problems related to low growth performance. Saudi Arabia and the UAE are less impacted, with strategies under way to promote non-oil trade.
Elon Musk's $1 trillion Tesla pay plan wins shareholder approval
Tesla CEO Elon Musk won shareholder approval on Thursday for the largest corporate pay package in history as investors endorsed his vision of morphing the EV maker into an AI and robotics juggernaut.
Ennismore, Dubai Holding to launch 'Caravan Hatta by Our Habitas'
Ennismore, a lifestyle hospitality company, has partnered with Dubai Holding to introduce Caravan Hatta by Our Habitas at Hatta Resorts.
Emirates Group posts record $3.3 billion half-year profit
The Emirates Group has announced a record profits of AED 12.2 billion ($3.3 billion) for the first six months of 2025, driven by strong travel demand "despite geo-political events and economic concerns in some markets".
US orders 10% flights cut at major US airports due to shutdown
US Transportation Secretary Sean Duffy has said he would order a 10 per cent cut in flights at 40 major airports, citing air traffic control safety concerns as a government shutdown hit a record 36th day.
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Brent Black has the biggest stories of the day and the stuff you might have missed.
The legendary Craig David joins The Kris Fade Show for an unforgettable chat!
From taking us down memory lane to a possible BAD BOYS 5 in Dubai?
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The boys tried their 'pick up' lines on Mais Vault and things did not go according to plan...
