Stacy Pereira

Business Reporter

Articles from the author

Sokin gets DFSA licence, to grow UAE team to 100 staff

Fintech launches dirham accounts via Ruya bank; CEO says Dubai is a base, not a satellite

(Left to Right) Hisham Al Gurg, CEO & Co-Founder, Seed Group, Vroon Modgill, Founder & CEO, Sokin , Rio Ferdinand, Football Legend & Early Investor in Sokin, Gaurav Modgill, COO, Sokin

UAE converts record $48.3b FDI into skills, study finds

White paper benchmarks UAE against OECD, Ireland, Singapore as FDI shifts to skills and IP

The UAE attracts 3.1% of global FDI according to a study by White Paper Media Consulting (WPM). The study show that UAE is at the forefront in charting the shift from attracting capital to creating value, with higher job creation than OECD average.

Day after Huang: Nvidia flat, Congress and China circle

Shares hover flat as lawmakers press Huang, a shareholder suit and Q3 expected on Nov 17

NVIDIA CEO Jensen Huang steps down amid controversy; CFO Colette Kress takes charge

Salik nine-month profit tops Dh1b, Q3 trips rebound 4%

Dubai toll operator holds 49.4% net margin and guides for 6% to 8% revenue growth in 2027

Salik's 9-month net profit comes at Dh1.05 billion as Dubai traffic regains pace

Is now the time for UAE expats to send money home?

Quick look at current exchange rates - as of November 13- against the UAE dirham

An employee counts Lebanese currency at a money exchange office in Beirut on November 10, 2026.

Saudi Arabia orders 44,305 Hyundai cars off the road

The ministry says driver’s airbag inflators can cause fatal injuries, offer free repairs

Saudi Arabia’s Ministry of Commerce has recalled 44,305 Hyundai i30 and Elantra cars over a defective driver’s airbag inflator

Binghatti profit up 65% to Dh4.4b, tops full-year 2025

Revenue jumps 66% to Dh14.9b as developer delivers 2,600 units; eight more due by year-end

Binghatti delivers record results with revenue up 66% to Dh14.9 billion and net profit up 65% to Dh4.4 billion

Orient doubles capital to Dh1b via a bonus share issue

Shareholders back board plan for Dh500 million bonus issue; regulatory approvals pending

Orient Insurance, part of the Al Futtaim Group, launched operations in the UAE in 1982

Gold bleeds for a third day as Fed hike looms

Gold slides for a third day as sticky US inflation and hawkish Fed comments lift hike bets

Gold fell for a third straight session on Thursday and held below $4,000 an ounce, in the UAE retail prices followed the global slide

Oil heads for two-month low as Middle East output rises

Brent slips toward $91 as Gulf output climbs, while US-Iran talks remain stalled

Brent slips toward $91 as Saudi and Iraqi output climb

Second affair, steeper sell-off: Nvidia CEO under fire

Nvidia board weighs founder’s future as reports of a second affair emerge and shares slip

Nvidia CEO Jensen Huang delivers his keynote on the company's GTC event in Berlin, Germany, Wednesday, Oct. 21, 2026. (AP Photo/Markus Schreiber)

How a Dubai job interview sparked a menswear brand

Liverpool-born Stephen Wanless built StephenCharles on evenings, weekends and his own cash

StephenCharles started as a passion project by StephenCharles

LOAD MORE

TRENDING STORIES