The UAE has declared Friday, September 5, 2025, a paid holiday for private sector workers to mark Prophet Muhammad’s birthday/Representative Image The UAE’s Ministry of Human Resources and Emiratisation has officially announced a public holiday for all private sector employees on Friday, September 5, 2025, to commemorate the birth anniversary of Prophet Muhammad (PBUH). The […]
The UAE’s gold reserves rose 26% to AED 28.93 billion by May 2025, alongside surging deposits and banking assets/Representative image The UAE’s gold holdings have risen sharply in 2025, alongside broad-based growth in deposits and banking assets, signaling resilient financial momentum. The Central Bank’s latest data reflects sustained strength in local and foreign currency positions, […]
RAKTDA reports strongest-ever first half tourism results of 654,000 arrivals/Image: Shutterstock TL;DR: 654,000 visitors arrived in Ras Al Khaimah during H1 2025, a record high, up 6% year-on-year, with tourism revenues rising 9%. MICE and wedding tourism exploded by 36%, fueled by global events and destination weddings. Growth was driven by new direct flights (to […]
Emiratis now hold 22% of insurance jobs, up from 13% in 2022, as the UAE targets 50–60% localisation by 2030 In a country where expatriates make up nearly 90% of the population, the UAE’s latest Emiratisation push marks a decisive turn. Emiratisation, the policy of integrating UAE nationals into the workforce, especially the private sector, […]
US President Donald Trump on Sunday doubled down on his hardline trade stance, declaring that no country — especially China — would be spared from his sweeping tariff agenda. Trump, in a post on social media rejected claims that his administration had granted tariff exemptions to certain tech products, saying, “NOBODY is getting ‘off the […]
Representative AI image via Lexica Recent policy decisions by US President Donald Trump are raising concerns about the future of American tourism, with fears that price increases and a stronger dollar could deter foreign visitors.A report by Tourism Economics, a division of Oxford Economics, estimates that the US tourism sector could lose approximately $64 billion […]
