The UAE has been ranked the world’s leading real estate investment destination in a new global investor survey commissioned by Arada and conducted by Penta Group, reflecting continued international demand for property exposure in the country. The UAE Property Investment
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The dollar headed for a weekly gain on Friday as the yen hovered near the key 160 per dollar level, keeping currency markets focused on Japan. The Japanese currency traded around 159.9 per dollar in Asian and European dealings. It
Tokyo stocks ended mixed on Monday as the Nikkei Stock Average closed at a fresh record high, supported by gains in heavyweight technology shares, while the broader market weakened. The 225 issue Nikkei rose 604.83 points, or 0.91 percent, to
Singapore’s economy expanded 6.0% year on year in the first quarter of 2026, lifted by AI-related demand that boosted electronics manufacturing, precision engineering and semiconductor-linked trade, the Ministry of Trade and Industry said. The performance extended a 5.7% expansion in
Gulf Mercantile Exchange recorded the highest weekly trading volume in its history during the week of May 11, 2026, with more than 69,052 contracts traded, equal to about 69 million barrels of Oman crude oil, according to information released by
Dubai Customs said its Green Corridor initiative with Oman Customs helped maintain trade flows after regional disruptions affected key sea lanes and traditional shipping routes, with customs declarations processed through the corridor rising sharply between March and April 2026. The
Air Arabia reported a net profit of AED 278 million for the first quarter ended March 31, 2026, as regional airspace closures and temporary operational restrictions weighed on capacity during the period. The Sharjah based carrier said first quarter profit
EMSTEEL reported revenue of AED 2.2 billion for the first quarter of 2026, broadly unchanged from a year earlier, as sharply higher margins lifted earnings across the business. EBITDA rose 82% year on year to AED 483 million, while net
South Korea’s information and communication technology exports rose 125.9% from a year earlier to $42.71 billion in April, extending a semiconductor-led surge and marking the second consecutive month the sector has remained above $40 billion. Data released on May 14
South Korea’s information and communication technology exports rose 125.9% from a year earlier to $42.71 billion in April, extending a semiconductor-led surge and marking the second consecutive month the sector has remained above $40 billion. Data released on May 14