UAE Central Bank follows US Fed move to raise interest rates in effort to curb inflation

UAE Central Bank follows US Fed move to raise interest rates in effort to curb inflation

Inflation is much too high and we understand the hardship it is causing, and we’re moving expeditiously to bring it back down, the US Federal Reserve Chair said

Using crypto to pay for rent and buy homes in the UAE is the biggest change since Palm Jumeirah: expert

The benefits of crypto payments include no cheques, no loans, no fees, no taxes, lower cost, and you can afford a better house for your family, the CEO of Hayvn said

Visa-free travel to South Korea’s resort island reopens as nation eyes return to pre-Covid normalcy

South Korea’s new Covid-19 cases fell below 50,000 as the government has lifted the outdoor mask mandate in the latest effort to return to pre-pandemic normalcy

How the UAE’s crude oil remains crucial to Japan’s energy needs

In March 2022, the UAE contributed to more than a third of Japan’s crude oil imports

Homes in Dubai save 72 GWh of electricity and 583 million gallons of water over 10 years

Savings from DEWA’s conservation programme are equivalent to annual electricity consumption from approximately 211,000 apartments and the annual water consumption of 120,000 apartments

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Here’s why investors are lining up to own and operate Airbnb properties near the Burj Khalifa

Dubai is the most profitable location for Airbnb properties in the world as it takes only four months for landlords to earn their money back after investing in a property, a study reveals

Brazil boosts food supplies to Arab nations hit by the impact of the Russia-Ukraine crisis

Brazil’s wheat exports to the Arab nations reached $285.86 million in Q1 2022, marking a 438 percent increase compared to the same period last year

Emirates flight lands in Bali for the first time since 2020

Restart of Emirates’ services to Bali comes with the easing of international travel restrictions and ramping up of global operations

Apple’s share of global smartphone market increases 20% in Q1 2022

The iPhone maker saw its global smartphone share increase to 18 percent by 15 percent

Global counterfeit goods on the rise, market growing “exponentially,” says report

The market for counterfeit goods has increased dramatically over the last couple of decades

Why 2022 will see public exploration and production companies reporting record profits of $834 billion

Good times are set to get even better this year for public upstream operators, thanks to a perfect storm of factors pushing profits and cash flow to another record high in 2022, a Rystad Energy expert said

Is it ever ok to cry at your desk?

If you’ve never cried at your desk, you might think this is madness, possibly the worst thing you could do in the workplace, but in all honesty, crying could create more positives than negatives

Our nation’s banks and financial entities must step up to the challenge of financial literacy

A failure to equip our country’s youth with the tools for long-term financial freedom is a failure to invest in national success, economic growth, and individual happiness

How family businesses in the UAE can stay relevant and adapt to the changing economy

UAE’s old family businesses should be taking the lead in embracing the promises of technology, fostering an economic ecosystem that is prepared to face unprecedented changes

Video: Feeding the planet – why food security is driving a robotic revolution in AgTech

In the latest episode of the Spencer Lodge Podcast, in partnership with Arabian Business, we discuss why food security is critical and AgTech is making a difference