Tuesday, October 28, 2025

Economy

Economy
Fly Dubai Expands Operations in Kenya, Enhancing Connectivity and Convenience for Travelers

FlyDubai Doubles Down on Kenya with New Nairobi Route as East Africa Becomes Aviation Battleground Dubai's budget carrier FlyDubai is launching direc...

Economy
Abu Dhabi Global Academy partners with Abu Dhabi Family Business Council to empower family enterprises

Abu Dhabi Launches Strategic Initiative to Future-Proof Family Business Dynasties Abu Dhabi has unveiled an ambitious partnership between the Abu Dha...

Economy
Abu Dhabi Chamber Strengthens Investment Cooperation with Arab-German Chamber of Commerce and Industry

UAE-Germany Business Partnership Deepens as Abu Dhabi Chamber Signs Strategic Deal in Berlin The Abu Dhabi Chamber of Commerce has formalized a strat...

Economy
UAE Participates in 69th IAEA Conference, Advancing Nuclear Energy Solutions in Vienna

UAE Positions Itself as Nuclear Innovation Hub at Vienna Conference The United Arab Emirates is leveraging the 69th International Atomic Energy Agenc...

Economy
Oil Prices Plummet: Industry Braces for Potential Impacts

Oil Markets Pause Ahead of Fed Decision as Rate Cut Expectations Drive Energy Sentiment Oil prices retreated modestly on Wednesday following a strong...

Economy
UAE Participates in 15th Gulf Renewable Energy Committee Meeting: Driving Sustainable Energy Transition

UAE Emerges as Gulf Energy Transition Leader with Ambitious 2050 Climate Strategy The United Arab Emirates is positioning itself as the regional powe...

Economy
Ras Al Khaimah Hosts the 2nd Investment and Business Summit Under the Patronage of Saud bin Saqr

Ras Al Khaimah Doubles Down on Investment Diversification Strategy with Second Business Summit The UAE's northernmost emirate is positioning itself a...

Economy
Abu Dhabi Hotels Achieve Record Occupancy of 79.3% with 4.4% Growth in August

Abu Dhabi's Tourism Boom: Record Hotel Performance Signals Economic Diversification Success Abu Dhabi's hospitality sector achieved a historic milest...

Economy
Gold Prices Dip as Investors Shift Focus to Interest Rate Decision

Gold Retreats from Record Highs as Dollar Strengthens and Profit-Taking Emerges Gold pulled back from historic peaks on Wednesday as investors locked...

Economy
MG Motor Acquires Altera in Landmark Silver Lake Partnership

Abu Dhabi's MGX Partners with Silver Lake in $17 Billion Altera Acquisition, Challenging Nvidia's AI Chip Dominance In a strategic move that could re...

Economy
Inspiring Microsoft Azure Marketplace: 7 Cutting-Edge Products from Inception Unveiled

G42's Inception Deploys Seven AI Tools on Microsoft Azure, Signaling UAE's Enterprise AI Push Abu Dhabi-based AI company Inception has made seven of...

Economy
Sharjah Hosts 'Future Mobility' Expo: Unveiling the Next Generation of Transportation

Sharjah Launches First Electric Vehicle Expo as Middle East Races to Capture $1.4 Trillion Market The UAE emirate of Sharjah is positioning itself as...

Economy
Dubai Data Launches Comprehensive Economic Survey Across Diverse Sectors in Dubai

Dubai Launches Comprehensive Economic Survey to Power Its $8.7 Trillion GDP Vision Dubai has initiated its most ambitious economic data collection ef...

Economy
South Korean Auto Exports Surge 8.6% in August

South Korean Auto Exports Surge Despite US Tariffs as Electric Vehicle Demand Powers Growth South Korean automotive exports climbed 8.6% year-over-ye...

Economy
Emirates Unveils New Pilot Training Center with 500M AED Investment

Emirates Opens State-of-the-Art Pilot Training Center as Aviation Demand Soars Emirates has unveiled a cutting-edge pilot training facility in Dubai,...

Economy
Dubai Chambers and Italy Camp Forge Partnership to Boost Economic Cooperation

Dubai and Italy Forge Strategic Business Bridge Through Innovation Partnership Dubai Chambers has signed a comprehensive partnership with Italia Camp...

Economy
Tabreed Shareholders Approve First-Ever Semi-Annual Dividend Payout, Marking Historic Milestone

Tabreed Makes History with First-Ever Interim Dividend as Regional Cooling Demand Surges The National Central Cooling Company "Tabreed" has broken ne...

Economy
UAE Participates in GCC Central Bank Governors' Meeting in Kuwait

GCC Central Banks Accelerate Financial Integration as Digital Economy Pressures Mount Gulf Cooperation Council central bank governors convened in Kuw...

Economy
U.S. Interest Rate Cut Sparks Dollar Decline, Market Anticipation

Dollar Plunges to Multi-Month Lows as Fed Rate Cut Bets Intensify The US dollar tumbled to its weakest levels in months against major currencies on T...

Economy
US Slashes Tariffs on Japanese Vehicles, Boosting Auto Trade

US Slashes Tariffs on Japanese Cars in $550 Billion Investment Deal The United States has significantly reduced tariffs on Japanese automobiles from...

Economy
Gold Hits Historic High as Dollar Weakens: Investors Seek Safe-Haven Asset

Gold Hits All-Time High as Dollar Weakens Ahead of Fed Rate Decision Gold prices soared to record levels on Tuesday as the U.S. dollar retreated ahea...