Emirates airline has reported a sharp 66% decline in first-half net profit for the 2026–27 financial year, as the ongoing US-Israeli conflict with Iran continues to disrupt air travel across the Middle East and push jet fuel prices higher. The Dubai-based airline recorded a net profit of 3.3 billion dirhams (approximately $903 million) for the […]
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The UAE’s non-oil private sector continued to demonstrate strong economic activity in October, supported by rising customer demand, increased new orders and growing international business. However, businesses are facing mounting cost pressures, with selling prices increasing at the fastest rate recorded in the history of the survey. According to the latest Purchasing Managers’ Index (PMI) […]
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The government has extended the deadline for duty-free imports of 1 million tonnes of raw sugar until December 31, 2026, in a move aimed at strengthening domestic supplies ahead of the festive season. According to a notification issued by the finance ministry, the extension allows eligible imports under the Tariff Rate Quota (TRQ) to continue […]
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Jammu and Kashmir Bank has reported a strong financial performance for the second quarter of the financial year 2026–27, with net profit increasing 28.8% quarter-on-quarter and 10.6% year-on-year to Rs 546.36 crore for the quarter ended September 30, 2026. The latest results reflect improved earnings, stronger business growth and continued progress in the bank’s asset […]
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US President Donald Trump has indicated that India and the United States are moving closer to a trade agreement, suggesting that the proposed deal will be significantly different from previous trade arrangements between the two countries. Speaking to reporters at the Oval Office on Tuesday, Trump said both nations were interested in reaching an agreement […]
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