The U.S. Federal Reserve is expected to hike its short-term interest rate this week. The move is seen as a sign of confidence in the economy, but it could put the brakes on some sectors of the economy. Federal Reserve Chairman Janet Yellen had planned to raise the benchmark rate earlier in the fall but delayed the move after financial markets tumbled when China devalued its currency. ARN's US Correspondent Mary MacCarthy has the details.
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Emirates to maintain capacity despite challenges, says Tim Clark
Emirates will roll out incentives aimed at winning back customers worried about the protracted Iran war, focusing on safety and reliable travel connections rather than lower fares, the airline's President Tim Clark told Reuters on Tuesday.
UAE nationals to get AED25,000 in VAT savings on new homes
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DFM recognised by Switzerland's financial authority as foreign trading venue
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Apple bets on overdue Siri fix to close AI gap
Apple has rolled out a long-delayed overhaul of Siri on Monday, betting the upgraded assistant can help close the gap with Big Tech rivals and new-age startups in the crucial AI race.
Over 3,200 residents purchase first homes under Dubai scheme
Dubai's First-Time Home Buyer Programme has helped more than 3,200 residents purchase their first homes in the emirate since its launch in July last year.
