Global Cocoa Prices Hit 2.5-Year Low Amid Stockpile Concerns

Global cocoa prices have dropped by 10% due to rising unsold stockpiles in Ivory Coast, pushing prices to a 2.5-year low.

Global cocoa prices fell by 10% on Wednesday, hitting their lowest level in two and a half years. This was driven by reports of rising unsold stockpiles in Ivory Coast, the world's largest producer of the crop.

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2026-02-19T02:04:53+00:00

Dubai Financial Market Rises on First Day of Ramadan

The Dubai Financial Market closed its first Ramadan trading session up 1.21% to 6765.07 points, driven by gains in real estate, banking, and industrial stocks, along with foreign investment inflows. Market capitalization grew by 13 billion dirhams.

Economy Local

2026-02-19T02:03:04+00:00

Rent Renewal Abuse in the UAE

In the UAE, landlords use non-renewal notices to pressure tenants into accepting illegal rent hikes. Legal experts call this an abuse of rights and advise tenants to seek help from specialized committees.

Economy Politics Health Local

2026-02-19T02:01:36+00:00

Preparations for the 50th Middle East Energy exhibition in Dubai 2026 complete

Informa announces the completion of preparations for the 50th Middle East Energy exhibition in Dubai 2026, under the patronage of the Ministry of Energy and Infrastructure. The event will gather over 150 industry leaders to discuss the energy sector transformation, strengthen partnerships, and showcase innovative technologies.

Events Economy Local

2026-02-19T01:53:50+00:00

The Traditional Art of Pearl Diving in the UAE

The article discusses the traditional craft of pearl diving in the UAE, its history, process, dangers for divers, and significance to the country's heritage. It examines how this profession influenced the economy and culture before the oil era.