Stacy Pereira

Business Reporter

Articles from the author

Aramco chief: Hormuz oil squeeze may last two years

Aramco CEO says nearly 3b barrels lost as depleted global oil stocks face a long rebuild

CEO of Saudi Arabian oil giant Aramco Amin Nasser

GCC workers sent record $161 billion abroad in 2025

Gulf remittance outflows rose $19b as expatriate employment and non-oil activity expands

GCC remittances surge 13.6% to record $161 billion in 2025

Wizz Air cancels October Abu Dhabi restart, cites EASA

Airline cites EASA security update, Iraq airspace closure and higher operating costs

Wizz Air cites EASA security update, Iraq airspace closure and higher operating costs for delaying its return to the region

AD Ports enters South America with $835m Brazil deal

Deal gives Abu Dhabi group its first South America foothold and two key export terminals

AD Ports expands into Brazil with CLI acquisition

Dubai gold dips below Dh500 a gram after weak US jobs

24K gold trades at Dh498 a gram as weak US payrolls cool October Fed hike bets

Dubai gold buyers get a break as 24K gold dips below Dh500 on Monday, Oct 5

Expats eye remittances as rupee, peso hold firm

Quick look at current exchange rates - as of October 5- against the UAE dirham

People exchange currencies at the money exchange counter at the Indira Gandhi International Airport in New Delhi on September 5, 2026.

Middle East oil exports top pre-war levels: Kpler

Gulf crude flows rebound despite Strait of Hormuz disruptions and tanker attacks

Middle East oil exports exceed pre-war levels despite Strait of Hormuz attacks, according to Kpler's latest data

Will free delivery survive Dh4.80 diesel in the UAE?

UAE diesel prices rise to Dh4.80, putting pressure on delivery firms and transport firms

Employees put parcels on a line at a DHL warehouse in Lesquin, near Lille, on November 12, 2025.

Minor Hotels signs new Dubai Islands beachfront hotel

Ampersand Beach House will be the first purpose-built Colbert Collection property in Dubai

Minor Hotels announces the signing of Ampersand Beach House as part of Colbert Collection

Dubai gold prices hold on to gains as yields slips

In the UAE prices have gained slightly, 24-karat gold is priced at Dh504.25 on Friday

People checking out gold jewellery at a store in Dubai

Fadhel Al Ali Appointed Chairman of Dubai Islamic Bank

Dubai Financial Services Authority chairman takes over at UAE's largest Islamic lender

Fadhel Abdulbaqi Al Ali takes charge as chairman of board of directors at DIB

ENBD app outage leaves UAE users unable to send money

Remittances and utility payments were unavailable as bank cited maintenance on Thursday

Emirates NBD head office in Dubai, UAE

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