WEF Head Warns of Three Financial Bubbles, Including AI

On Wednesday, World Economic Forum founder Borge Brende stated that the world should be wary of three potential financial bubbles in the markets, including artificial intelligence. These remarks came amid sharp declines in global technology stocks.

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2025-11-06T07:24:10+00:00

Emirates Group Records Record Half-Year Profit for FY 2025-2026

Emirates Group announced record financial results for the first half of the financial year 2025-2026, from 1 April to 30 September 2025. The Group recorded a pre-tax profit of AED 12.2 billion (USD 3.3 billion) for the first six months of the financial year, marking the fourth consecutive year the Group has achieved record half-year profits. Total Group revenues reached AED 75.4 billion (USD 20.6 billion) during the first six months of the financial year 2025-2026, a growth of 4% compared to the same period last year.

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2025-11-06T07:17:52+00:00

Dubai's RTA Announces New Taxi E-Hailing Fare Rates

The Dubai RTA has implemented new fare structures for taxi bookings via apps, with updated rates for peak, off-peak, and night hours, as well as weekends. The minimum fare is set at Dh13.

Economy Local

2025-11-06T07:08:44+00:00

Brent crude futures rise, WTI stable

On Thursday, Brent crude futures rose by two cents or 0.03% to $63.54 per barrel, while West Texas Intermediate (WTI) crude futures remained stable at $59.60.