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Editor's Pick

UAE Korea

UAE, Korea Presidents discuss strengthening special strategic partnership

UAE real estate

Why the UAE’s real estate market is becoming a global wealth magnet

GCC inflation

Average inflation in GCC countries declines to 1.7 percent reflecting effective economic policies

Dubai Aerial Taxi

Dubai completes region’s first Joby Aerial Taxi test flight, says Sheikh Hamdan

uae fuel prices

UAE fuel prices for July 2025 reveal increases in petrol and diesel rates

Emerging Technologies 2025

Top 10 emerging technologies of 2025: Tech breakthroughs expected to scale in the coming years

Ali Sajwani on Economy Middle East Cover

June 2025 magazine

UAE Gold Rate
Type	Morning	Evening	Yesterday
Ounce	12,204.03		12,032.80
24K	401.06		394.50
22K	371.32		365.50
21K	354.43		350.25
18K	303.80		300.25

*Source: Dubai Gold & Jewellery Group.

All prices are in AED

Last update: 02 July 2025

Latest News

Economy

ADIO DMT

ADIO, DMT announce tender for development of new community markets in Al Dhafra

The four locations set for development in Al Dhafra include Al Marfa, Bayah Al Sila, Madinat Zayed and Ghayathi

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Technology

agentic ai projects

Over 40 percent of agentic AI projects face cancellation by 2027: Gartner

By 2028, 15 percent of work decisions could be made autonomously by AI

Features

Ali Sajwani

Ali Sajwani on building legacies: A bold vision for global growth, innovation, and luxury living

How AI, ultra-luxury ventures and strategic expansion are reshaping the Sajwani family's businesses

H.E Maysarah Mahmoud Eid

ADPIC: Balancing innovation with identity

Working with the private sector is a cornerstone of ADPIC’s infrastructure delivery strategy

Masih Imtiaz, CEO, Imtiaz Developments

Imtiaz Developments: Delivering beyond expectations

One of the standout names when it comes to waterfront developments in the UAE

Sadiq Hussain, senior executive officer, Seviora (Middle East) Limited

Banking & Finance

Seviora: Connecting opportunities between Asia and the Middle East

Temasek-owned asset management group sets up Abu Dhabi office for regional expansion, collaboration initiatives

Lifestyle

MENA business travel

MENA business travel to grow 6.1 percent in 2025, market to hit $270.8 billion by 2030

April and May were the busiest months in the first half of the year, largely due to the return of business travel after Ramadan

eid al-adha uae travelers

Hospitality & Tourism

UAE residents favor local luxury as domestic trips surge, with Dubai capturing 70 percent of spending: Visa

Visa found 87 percent of residents preferred short getaways during Eid from June 5-8

DXB

Hospitality & Tourism

DXB to serve over 3.4 million guests in 13 days as summer surge kicks off

Daily volumes are forecast to average over 265,000, with the busiest day on July 5 for both departures and transfer traffic

UAE tourist spending

Hospitality & Tourism

Sheikh Mohammed: UAE among top 7 global destinations in international tourist spending

International tourist spending in the UAE is set to reach a record AED228.5 billion in 2025

Sharjah 5

Sharjah authorities strengthen ties to boost trade and tourism growth

Sharjah has experienced significant growth in business establishment and sustainability over the years

etihad airways air europa

Hospitality & Tourism

Etihad, Air Europa strengthen ties with new Boeing 787-9 service from Abu Dhabi to Madrid

Air Europa's inaugural wet-lease flight marks its first operation from the Middle East to Spain

Dubai tourists

Hospitality & Tourism

Dubai welcomes 8.68 million tourists in first five months of 2025

The city welcomed 1.53 million international visitors in May alone