Currency traders monitor market movements as the Indian rupee slipped to a record low against the US dollar during Friday trading.

Indian rupee hits record low against UAE dirham, dollar

Oil prices above $109 and a stronger US dollar added pressure on the rupee

How Agthia kept supplies flowing during regional strain

UAE bottled water and food units helped lift Agthia’s Q1 profit and revenue growth

In a more complex regional context, our teams stayed focused, our operations remained fully functional, said Salmeen Alameri.

Billionaire Adani agrees $18m penalty in US court case

Adani was accused of having participated in a $250m scheme to bribe Indian officials

Penalty payment comes as US prosecutors are reported to be set to drop charges against Adani.

AI stock boom pushes Seoul's Kospi index over 8,000

Kospi’s meteoric climb stirs debate over how long AI-driven demand can last

Employees take part in a ceremony at the dealing room of Hana Bank in Seoul on May 15, 2026, to celebrate the benchmark Korea Composite Stock Price Index having risen over the 8,000-point mark for the first time in early trading. South Korea's stock market opened a new chapter, driven by a continued rally of large-cap tech shares.

Adani set for big relief as US weighs dropping charges

Move could clear path for Adani Group’s return to global capital markets, expansion plans

According to people familiar with the matter, the US Justice Department could announce as early as this week that it is dropping criminal charges filed against Adani and other defendants.

DP World speeds up $800m Tartous port overhaul in Syria

UAE logistics giant, Syrian authorities discuss speeding up infrastructure upgrades

DP World Syria

Sharjah attracts Dh7.74 billion in foreign investment

Sharjah attracted 142 foreign investment projects in 2025, led by consumer sectors

Sharjah skyline

UAE families save big carrying 140g gold to India

India’s 15% import duty hike is widening the Dubai-India gold price gap for travellers

The price gap is becoming especially important for Indian expatriate families travelling home during the upcoming summer holiday period.

ADGM updates money laundering risk review

ADGM’s latest review tracks money laundering risks across 12,302 legal structures

ADGM Abu Dhabi Global Market

Space42 revenue rises on satellite services growth

Space Services revenue rose 15% while future contracted revenue reached $6.4 billion

Space42 revenue rises as satellite services gain from $700 million contract

Gold on edge as risks collide with rising yields

Prices hold near highs amid uncertainty as investors balance demand against higher yields

Gold on edge: Market searches for direction as geopolitical risks collide with rising yields

BlackRock joins ADNOC in $30b infrastructure push

New platform will target energy, logistics, digital, water and transport assets

BlackRock’s GIP, ADNOC and Temasek target $30 billion GCC infrastructure pipeline

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