Friday, December 12, 2025

Economy

Economy
Gold Surges to 7-Week High as Investors Seek Safe-Haven Assets

Gold prices held steady near seven-week highs on Friday as markets bet on more interest rate cuts next year. The Federal Reserve surprised traders by...

Economy
AI: A Valuable Partner in Finance and Investment

People should stay in control of their own money, even as artificial intelligence becomes more common in finance. That's the key message from Simon Sh...

Economy
Abu Dhabi Finance Week: Global Initiatives and Partnerships Shaping the Future of Financial Innovation

Abu Dhabi wrapped up its biggest financial week ever, with major global companies setting up shop in the emirate and nearly $2 billion pledged to figh...

Economy
Sharjah Asset Management Explores Partnership Opportunities with Dutch Delegation

Sharjah Asset Management, the investment arm of Sharjah's government, met with Dutch consulate officials to explore partnerships in developing climate...

Economy
Exciting Changes to Selective Tax: Tiered Pricing Model Introduced for Sweetened Beverages

The UAE is introducing a new tiered tax system for sugary drinks starting January 2026. Instead of a flat rate, the tax will now depend on how much su...

Economy
Gold Retreats After U.S. Interest Rate Cut Disappoints Investors

Gold pulled back Thursday after hitting its highest level in nearly a week, as investors grew uncertain about the pace of monetary easing next year fo...

Economy
UAE's Non-Oil Sector Projected to Grow 5% by 2026: Driving Economic Diversification

The UAE economy is set to grow 4.3% in 2026, outpacing both global and regional averages, according to Mastercard Economics Institute's latest forecas...

Economy
Abu Dhabi Finance Week Spotlights FinTech, Legal Affairs, and Dispute Resolution

Abu Dhabi hosted its biggest fintech conference yet on day three of Abu Dhabi Financial Week 2025, bringing together global leaders in finance, techno...

Economy
UAE-Russia Business Forum Kicks Off in Dubai, Fostering Bilateral Economic Ties

Dubai hosted the first UAE-Russia Business Forum today, marking a significant step in economic ties between the two countries. The event brings togeth...

Economy
Iconic "Brajeel Towers" Launched by Real Estate Firm "Jijja

GG Real Estate launched its new iconic tower "Barajeel Towers" in Ajman today, offering buyers a unique promotion where every apartment purchase enter...

Economy
Abu Dhabi Financial Week 2025: Trailblazing the Future of Global Finance

Abu Dhabi is becoming a global pioneer in financial transformation, according to participants at Abu Dhabi Financial Week 2025. The emirate has built...

Economy
Abu Dhabi Development Authority Participates in Arab Coordination Group Operations Heads Meeting in Riyadh

The Arab Coordination Group held its regular technical meeting for operations chiefs in Riyadh from December 8-9, bringing together major development...

Economy
UAE Economy Poised for Robust Growth, Outpacing Gulf Peers in 2025: IMF

The UAE posted the strongest economic performance among Gulf Cooperation Council countries in 2025, driven primarily by Abu Dhabi's growth, according...

Economy
Binance Secures Comprehensive Global License Under Abu Dhabi Global Market Framework

Binance, the world's largest cryptocurrency trading platform, just secured comprehensive regulatory approval from Abu Dhabi Global Market (ADGM) to op...

Economy
UAE Pavilion at Expo 2025 Osaka Wins Silver Design Award in Asia Design Awards

The UAE pavilion at Expo 2025 Osaka just won a silver award at the 2025 Design for Asia Awards, adding another international recognition to its growin...

Economy
Gold Surges as Investors Anticipate Fed Rate Cut

Gold prices climbed Monday as traders bet on the Federal Reserve cutting interest rates this week. The weakening dollar made gold cheaper for buyers u...

Economy
UAE's Construction Market to Reach $43 Billion by 2025: Unlocking Growth Opportunities.

The UAE's construction market is worth 156.89 billion dirhams ($42.75 billion) in 2025 and is expected to grow to 193.26 billion dirhams ($52.66 billi...

Economy
Dubai Ports World Expands Strategic Border Infrastructure in Afghanistan

DP World has signed a deal with Afghanistan's government to modernize and operate the country's two most important border crossings - Torkham and Hair...

Economy
Dubai Real Estate Authority Chairman Oversees "Wasl" Group's Achievements

Dubai's real estate sector just got a major boost as the emirate's leadership praised strong performance from Wasl Group and outlined ambitious plans...

Economy
UAE Captures 30% of Gulf Travelers' Vacation Spending

UAE residents account for 30% of all Gulf travel spending abroad this year, with Emiratis expected to spend 125.5 billion dirhams on international tra...

Economy
Emirati Prince Zayed Meets Azerbaijan's Economy Minister for High-Level Talks

UAE officials met with Azerbaijan's Economy Minister to expand business partnerships between the two countries, focusing on technology, energy, and na...