Lebanon’s draft banking law ‘fails to ensure’ cash recovery for depositors
Lebanese depositors face high uncertainty and a long wait in recovering their money from banks, despite a draft…
‘No delays’ as Syria prepares to launch new currency
Syria is moving ahead with its plans to issue a new national currency with no delays in implementation,…
My Dubai Salary: ‘I aim to retire by 55 or sooner by investing in index funds’
Jay Adrian Tolentino, a 38-year-old Filipino financial coach in the UAE, aspires to retire by the age of…
Bubble or not, AI spending is keeping the US economy humming
US companies are becoming increasingly hooked on artificial intelligence spending, and questions are growing whether this investment boom…
Visa returns to Syria as Damascus seeks access to global financial system
Payments company Visa is set to restart operations in Syria after more than a decade after signing an…
UAE to provide $1 billion to support Yemen’s energy sector
The UAE will allocate $1 billion to support the development of the energy sector in Yemen, which is…
Dubai unveils record three-year budget with $82bn in spending
Dubai has unveiled a record government budget for 2026-2028, pegging spending during the three-year cycle at Dh302.7 billion…
How much do you need to retire comfortably in the UAE?
The biggest question on everyone’s mind is whether they can truly afford to retire comfortably in the UAE,…
Syria seeks $30bn for energy sector rehabilitation
The Syrian Ministry of Energy seeks over $30 billion for rehabilitating the oil, mineral, electricity, and water sectors.…
Adnoc calls for ‘massive’ investment in energy to fuel global data centres
Demand for energy, including new grids and data centres, will require up to $4 trillion in investment, Dr…
Adnoc signs Microsoft deal to co-develop AI agents across its operations
Abu Dhabi National Oil Company and Microsoft signed deals to integrate artificial intelligence (AI) across the oil major’s…
Jerome Powell says AI boom is different from dotcom bubble
US Federal Reserve chairman Jerome Powell said on Wednesday that artificial intelligence is unlike the dotcom bubble of…