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Union Properties approves first dividend in 11 years as AGM meets quorum
Dubai: Union Properties has approved its first dividend payout in more than a decade after its Annual General Meeting (AGM) met quorum for the first time in six years, marking a key milestone in the company’s turnaround efforts.Get updated faster and for FREE: Download the Gulf News app now - simply click here.The AGM, held on April 7, saw 68% shareholder participation, allowing proceedings to be completed on first quorum, a level not achieved since 2020. The company said the turnout reflects i...
UAE jobs: Over 1,500 roles to open as Dubai school group expands with 8 new campuses
More than 1,500 new job opportunities are set to open across the UAE’s education sector, offering a boost to both experienced professionals and fresh graduates seeking to enter the industry.The hiring surge follows a major expansion announcement by Dubai-based Woodlem Education, which plans to launch eight new schools across the country.In an exclusive interview with Khaleej Times, Noufal Ahmed, Founder and Managing Director of Woodlem Education, said the expansion reflects a long-term vision f...
Iran earning huge amount from blocking oil to US - chilling way money being spent
Iran earning huge amount from blocking oil to US - chilling way money being spentA detailed report has shown that Iran is earning almost twice as much per day from oil sales as it did before the start of the Gulf conflicts, with funds flowing to militaryCommentsNewsMaria Letícia Gomes GAU Writer14:00, 07 Apr 2026Huge amount Iran is making from blocking oil to USThe combined military operation against Iran spearheaded by the United States and Israel has intensified several times since late Februa...
The AI gold rush is pulling private wealth into riskier, earlier bets
On a recent episode of Equity, we talked to Arena Private Wealth to explore a growing trend: family offices bypassing VCs to gain direct exposure to AI startups, turning them from passive investors into active participants.
Nine-man Crystal Palace hold off Brighton in chaotic victory
Nine-man Crystal Palace hold off Brighton in chaotic victory
I was rejected from 200 jobs and couldn't even get work experience - I have a PhD
I was rejected from 200 jobs and couldn't even get work experience - I have a PhDSarah is highly educated but spent 16 months applying for more than 200 jobs and has a large amount of student debtCommentsNewsRobert Rowlands Deputy editor, money and lifestyle, content hub13:53, 07 Apr 2026Updated 14:06, 07 Apr 2026View 6 ImagesSarah Dallas(Image: SWNS)A highly educated woman with a PhD spent 16 months submitting more than 200 applications and kept getting rejected - even from work experience...
Petrol pump owners, dealers demand increase in commission proportionate to recent price hikes
ISLAMABAD: The All Pakistan Petrol Pump Owners Association (APPPOA) and Pakistan Petroleum Dealers Association (PPDA) on Tuesday demanded that the government immediately increase their commission. They warned that if their commission was not raised in proportion to recent price hikes, they would be forced to shut down fuel outlets nationwide. The associations demanded a margin revision to eight per cent of the invoice price, arguing that the current fixed profit of Rs8 per litre was insufficient...
Anyone with £10,000 savings could get £100 cashback with bank's new online offer
Anyone with £10,000 savings could get £100 cashback with bank's new online offerCustomers can get £100 when they deposit or transfer at least £10,000 of new fundsCommentsMoneyCharlotte Smith Senior Lifestyle Content Editor13:50, 07 Apr 2026Updated 13:51, 07 Apr 2026View 3 ImagesPeople could save tax-free with the bank's Cash ISA offer (stock image)(Image: Getty)People who have £10,000 in savings could be eligible for a £100 cashback offer if they take part in a bank's new online i...
JP Morgan clears final hurdle for Canary Wharf’s tallest tower
Planning application expected shortly as London City airport and bank reach agreement for 265m-high buildingBusiness live – latest updatesJP Morgan Chase has reached agreement with London City airport to build one of Europe’s tallest office towers in the east of the capital.The £3bn tower is poised to be the tallest in the Canary Wharf financial district, after JP Morgan, one of Wall Street’s biggest banks, secured approval from the airport. Continue reading...
Russian oil discount declining, PM says
Mikhail Mishustin suggested discussing further steps required to ensure stability of the domestic market, safeguard interests of households and strengthen capabilities of the Russian energy industry and the economy on the whole
About 10% of global liquid hydrocarbons production lost — Russian PM
Current developments in the Middle East resulted in new serious challenges emerging and affected not merely the markets of oil and its refined products but other significant goods also, Mikhail Mishustin said
Bike Riders Get Another Relief After Petrol Subsidy
ISLAMABAD: In a move to facilitate bike riders seeking the government’s petrol subsidy, the motorcycle transfer fee has been completely waived in the federal capital, ARY News reported. Director General (DG) Excise Irfan Memon announced that the government has abolished the transfer fee to provide financial relief to the masses. The primary goal of this measure is to remove administrative hurdles for citizens who need to qualify for the national petrol subsidy program. DG Memon further explained...
Pakistan orders 8pm market shutdown amid fuel crisis
Dubai: Pakistan has ordered early closure of markets and shopping malls across most of the country as surging fuel costs linked to the Middle East conflict force urgent energy-saving measures.The decision, reported by Geo News, was taken at a high-level meeting chaired by Prime Minister Shehbaz Sharif on Monday.Under the new rules, markets, shopping malls, departmental stores and other retail outlets will close at 8pm from April 7 in all provinces except Sindh, according to an official statemen...
McEwen Copper in Talks With Lenders to Fund Argentina Project
McEwen Copper Inc. is in talks with global lenders as it seeks financing for its $4 billion Los Azules project in Argentina, a potential step toward bringing one of the country’s largest undeveloped deposits into production.
Argentina Looks to Global Debt Markets to Finance Energy Boom
Argentina’s corporate borrowers are turning to global debt markets with a different goal this year — funding an energy-driven expansion rather than patching up balance sheets battered by years of crisis.
UK paid over $1 billion in benefits to dead people – Telegraph
The Department for Work and Pensions wasted millions of pounds due to delayed death notifications and administrative errors, according to an investigation Britain’s welfare department has paid out £850 million (over $1.1 billion) in benefits to dead people over the past four years in a massive government blunder, The Telegraph has reported. Since 2021, the Department of Work and Pensions (DWP) made approxi...
Hearts and Celtic given potential final-day title decider
Heart of Midlothian and Celtic face a potential, final-day title decider in Glasgow on Saturday, 16 May after the Scottish Professional Football League announced the Premiership's post-split fixtures.
Chinese premier calls for expansion of China-Australia trade
China's vast market will remain open to the world, and China is willing to import more high-quality products from Australia, Chinese Premier Li Qiang said on Tuesday.In a phone conversation with Australian Prime Minister Anthony Albanese, Li also said that China stands ready to work with Australia to expand and upgrade bilateral trade, support enterprises of both countries in conducting cooperation based on market principles, and promote mutual benefit and win-win outcomes.Li called on both coun...
Red Lobster's push for cheap deals may be backfiring, say experts, as losses pile up
Red Lobster's push to lure diners with cheap deals may be backfiring, with one retail expert warning the strategy could be attracting the wrong customer as losses continue to mount.The Florida-based seafood chain — which filed for bankruptcy in 2024 — has leaned heavily on promotions like seafood boils and $20 lobster rolls to drive traffic.While the discounts have generated buzz and helped lift sales, they have not been enough to offset deeper financial challenges, according to a Bloomberg repo...
Roman Abramovich: Charity set up to oversee frozen £2.35bn from Chelsea sale
A new charitable foundation aimed at breaking the deadlock between Roman Abramovich and the UK government over the frozen £2.35billion from the sale of Chelsea has formally submitted its application to the UK Charity Commission.The Foundation for the Victims of Conflict, as it has been named, will be overseen by Mike Penrose, a former UNICEF executive, and includes several other high-profile trustees.Advertisement