Waheed Abbas waheedabbas@khaleejtimes.comWaheed Abbas is Assistant Editor, covering real estate, aviation and other business stories that directly affect the lives of UAE consumers. He frequently reports human interest stories, too.
UAE’s Golden Visa creates stability in property market, loyalty among homeowners Following strong sales and price momentum over the past three years, property developers in Dubai and the UAE sit on ample cash collections, says S&P Global Ratings
Dubai property buyers hunt distressed deals, but sellers hold firm on prices Since the regional war broke out on February 28, industry executives say they have been receiving calls from seasoned and well-capitalised investors, looking for attractive deals
These airlines suspended or delayed Monday flights after Dubai airport drone incident Four carriers reported disruptions to their Monday flights, while others rescheduled services after flights at DXB were suspended early Monday morning
Gold, silver prices edge down in early Dubai trade The precious metal has struggled somewhat in recent weeks, even as dark clouds gather over the Middle East and the outlook for the global economy becomes increasingly uncertain
Air India, Air India Express suspend Dubai flights today after drone incident Flights to and from Dubai have been cancelled for the day by the Indian carriers after Dubai International Airport temporarily suspended all flight operations
UAE, GCC airfares could jump up to 30% as airlines hike fuel surcharges ahead of Eid Al Fitr Oil prices stayed above $100 per barrel last week due to the US-Israel-Iran conflict and the closure of the Strait of Hormuz by Tehran
India’s SpiceJet to operate special flights from Fujairah to India The Indian budget carrier is coordinating with airport authorities and other stakeholders to ensure smooth operations and passenger handling for these special services
Pakistan is likely to mark Eid Al Fitr on Saturday Pakistan’s Suparco and Met Office project that the moon is unlikely to be sighted on Thursday; therefore, the first day of Eid Al Fitr will be marked on Saturday
Dubai flight resumption eases supply chain pressure for gold jewellery sector, says top official Many sectors faced supply chain challenges after the war broke in the region. However, the resumption of limited operations by UAE airports and airlines has eased pressure on key sectors
UAE gold jewellery shoppers shift to exchanges, upgrades amid regional tensions Jewellers in the UAE say that buyers have not moved away from gold due to the ongoing regional military conflict involving the US, Israel and Iran