Fitch Ratings has downgraded Hong Kong’s long-term foreign currency issuer default rating.
The global credit rating agency has reduced the Asian financial hub's standing from AA+ to AA.
It comes after more than three months of unrest in the city.
In a statement, Fitch Ratings said Hong Kong’s rating outlook is "negative."
TikTok clinches deal for new US joint venture to avoid American ban
TikTok's Chinese owner, ByteDance, on Thursday said it has finalised a deal to establish a majority American-owned joint venture that will secure US data, to avoid a US ban on the short video app used by over 200 million Americans.
DP World unveils Dubai Food District project
DP World has officially unveiled the Dubai Food District, a major expansion and rebranding of the Al Aweer Central Fruit and Vegetable Market that will bring trade, storage, processing and distribution into a single, connected ecosystem.
TECOM acquires university campus in Dubai for AED125 million
TECOM Group has acquired an university campus at Dubai International Academic City for AED125 million, raising its total investments across its commercial and industrial portfolio to more than AED 5.5 billion since listing in July 2022.
Sharjah Airport marks record year with passenger surge
Sharjah Airport has announced record results for 2025, with passenger numbers reaching 19.48 million, up from 17.1 million in 2024 — a growth of nearly 14 per cent.
Dubai Holding expands hospitality portfolio with acquisition in Mallorca
Dubai Holding, through its subsidiary Dubai Holding Hospitality, has acquired the five-star Jumeirah Mallorca in Port de Sóller, Spain, from Deka Immobilien.
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UAE President Sheikh Mohamed Bin Zayed Al Nahyan’s visit to the US to boost economic and technology ties including AI.
Apple Inc. shares fell Monday after a closely followed analyst warned that demand for the firm’s new iPhone 16 Pro model has been lower than expected. Is this a sign that the AI software just isn’t ready?
Does working from home kill productivity or can it benefit staff by giving them more flexibility and a better work/life balance?
Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?
Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!
