He also emphasized that seeking early legal counsel is the most prudent course of action, warning that premature steps can sometimes lead to more issues than they resolve.

Remittances from the UAE have remained largely steady in the first quarter of 2026, with a slight increase to some countries due to favourable exchange rates, according to leading UAE currency exchange companies.

"And if prohibitions on paying interest on stablecoins can be enforced."

Europe:

Amazon announced on Tuesday that it has reached an agreement to purchase the US telecommunications satellite company Globalstar, aiming to expand its space-based internet infrastructure and compete with Elon Musk's Starlink.

Hare noted that renewable energy has also led to reduced electricity bills in certain regions of the United States and Australia.

RAKBank announced on Monday its strongest quarterly performance ever in the first three months of 2026, reporting a profit after tax of Dh1 billion, a 43 percent increase year-on-year, driven by growth in its balance sheet, expanding margins, and a one-time gain from an asset sale.

Lexus’ UAE dealer, Al Futtaim, reported a similar trend, with increasing demand for hybrids in recent months. “Overall, demand is evolving steadily, indicating a longer-term shift in how customers assess their mobility options, further reinforced by the current market dynamics,” said Jacques Brent, Managing Director of Al-Futtaim Lexus UAE.

India's manufacturing sector experienced its slowest growth in almost four years in March, as the ongoing conflict in the Middle East created uncertainty, disrupted supply chains, and negatively impacted demand. Additionally, rising oil prices increased input costs, according to a private survey.

The anticipated IPO of Elon Musk's SpaceX is expected to garner significant interest from investors in the UAE and GCC, including sovereign wealth funds (SWFs), family-owned enterprises, and high-net-worth individuals, according to analysts.

Amidst ongoing discussions, concerns about Bitcoin potentially dropping below $10,000 have resurfaced, despite the cryptocurrency maintaining a trading price well above $71,000.

The recent appointment of aviation veteran Willie Walsh as CEO of IndiGo is expected to enhance the Indian airline's global expansion efforts. However, the former British Airways chief must first address the company’s tarnished reputation.

The intensifying conflict involving Iran is presenting the aviation industry with its most significant geopolitical challenge since the Covid-19 pandemic. This situation has led to a loss of over $50 billion in airline market value, disrupted tens of thousands of flights globally, and sharply increased fuel and insurance costs across international routes.

[Editor's Note: Stay informed with Khaleej Times live blog on the latest regional developments amid Israeli and US strikes on Iran.

This week, U.S. energy companies increased the number of active oil and natural gas rigs for the first time in three weeks, according to energy services firm Baker Hughes.

Dubai Islamic Bank (DIB) has announced that its shareholders have approved a proposal from the Board of Directors to distribute a cash dividend of 35 fils per share for the fiscal year ending December 31, 2025, totaling Dh2.53 billion.

For thousands of people moving to Dubai each year, the hardest part of relocating is not finding a job — it is figuring out where and how to live. Increasingly, the answer is simple: move straight into a fully furnished hotel apartment.

In March, British factories experienced significant cost pressures and the longest delivery delays since mid-2022, largely attributed to the ongoing conflict in the Middle East and ships avoiding the Strait of Hormuz, according to a recent survey.

On Monday, cryptocurrency prices experienced a significant increase after U.S. President Donald Trump announced a five-day postponement of attacks on Iran’s power plants, which alleviated fears of escalating conflict.

[Editor's Note: This article is based on information from Emirates' official website at the time of publication. The website has since been updated, and some details may no longer be accurate. For the latest travel guidance, read here.

[Editor's Note: Stay updated with the latest developments in the US-Israel-Iran war by following Khaleej Times' live blog.]

Adnoc Drilling has approved a $1 billion dividend for 2025 as the company reported its strongest financial performance to date and outlined plans for continued expansion across the region.

Sharjah Islamic Bank (SIB) has received approval to enhance its capital by launching a strategic rights issue aimed at generating gross proceeds up to Dh2.59 billion.

Volkswagen is recalling close to 100,000 electric vehicles, with approximately 28,000 of them located in Germany, due to concerns related to battery modules, as reported by the German motor vehicle authority KBA.

UAE carriers have extended flight suspensions for a fourth day due to airspace closure amid the ongoing military conflict in the region involving the US, Israel, and Iran.

Sharjah’s real estate market began 2026 on a high note, as the value of property transactions jumped 34.8 per cent in January 2026 to Dh9.3 billion, compared to Dh7 billion in January last year.

The number of Americans filing new applications for jobless benefits increased marginally last week and the unemployment rate appeared to hold steady in February amid a stable labor market.

Gold prices were steady in Dubai on Friday morning as investors focus on the outcome of the US-Iran talks. But silver prices jumped over three per cent, outpacing the yellow metal in early trade.

Bitcoin has staged a sharp rebound after a week of heavy selling, climbing about 5–6 per cent to trade near the $68,000–$70,000 range and briefly revisiting its previous 2021 peak around $69,000.

A flurry of multi-billion-dollar deals has bankers and advisers from Wall Street to Canary Wharf packing laptops next to presents and warning family and friends their holiday vacations over the next two weeks will be cut short. There have been $463.6 billion in mergers and acquisitions announced this month, 30% more than last year, including Trump Media Technology Group's $6 billion merger with nuclear fusion firm TAE Technologies, IBM's $11 billion purchase of data infrastructure company Confl

Explore how HIMA Group is transforming risk management through digital safety innovations that boost efficiency while protecting what matters most #SafetyInnovation

Investing in cryptocurrency should be exciting, but for many of us, it's more like navigating a minefield blindfolded. No matter how much I learn, the process never feels simple or secure. After years of sticking to major exchanges, I finally dipped my toes into decentralized platforms—only to realize I was completely out of my depth. Every transaction leaves me second-guessing myself, acutely aware that one wrong move could mean irreversible losses with no customer service hotline to call. The

Asian currencies surged on Monday, with the Indian rupee leading gains, as the US dollar extended its decline following controversial remarks by former President Donald Trump about Federal Reserve leadership. The rupee climbed to an early high of 85.0525 (Dh23.1750) before settling at 85.1125 (Dh23.1914), marking a healthy 0.3% daily gain against the weakening greenback. Trading floors buzzed with speculation about potential Reserve Bank of India intervention, though market participants noted s

India's central bank is set to introduce stricter controls on foreign remittances by resident Indians, including a ban on holding fixed-term foreign currency deposits abroad, according to two government officials familiar with the matter. The Reserve Bank of India (RBI) will revise existing regulations to close loopholes that currently allow individuals to transfer money overseas for parking in time deposits or interest-bearing accounts, one official revealed. "This practice essentially enables

Attention all UAE motorists! The Roads and Transport Authority (RTA) has issued an important travel advisory for this Sunday, June 15, as essential maintenance works will temporarily disrupt traffic flow on two key highways. Commuters heading towards Sharjah and using Sheikh Mohammed bin Zayed Road should prepare for possible delays.

In a move highlighting the growing impact of global supply chain disruptions, Suzuki Motor has temporarily suspended production of its popular Swift subcompact due to China's tightening rare earth export policies. Industry insiders reveal this marks the first major Japanese automaker affected by Beijing's recent trade measures.