Economy

Venture Catalyst Helal Leads $657M Funding Rounds for Promising Startups
Middle East Investment Giant Bets $657 Million on Financial Infrastructure Revolution Al Hilal Ventures has strategically positioned itself at the fo...

Oil Prices Rise After US-EU Trade Deal Breakthrough
Oil Prices Rise on US-EU Trade Deal as Markets Weigh OPEC+ Production Changes Oil prices climbed Monday following news of a US-European Union trade a...

Gold Plunges to Two-Week Low as US-EU Trade Deal Boosts Confidence
Gold Plunges to Two-Week Low as US-EU Trade Deal Dampens Safe-Haven Demand Gold prices tumbled to their lowest levels in approximately two weeks on M...

UAE Leads Global Real Estate Investment Growth in 2025, Surpassing Expectations
UAE Tops Global Real Estate Investment Growth Rankings with 19% Projected Returns The United Arab Emirates has claimed the top spot globally for proj...

South Korea Intensifies Efforts to Avoid Impending U.S. Tariffs
South Korea Scrambles to Avert US Tariff Storm as Trade Tensions Escalate South Korea is launching an urgent diplomatic offensive in Washington next...

Family Businesses Fuel National Economic Growth and Sustainability
UAE Pioneers World's First Comprehensive Family Business Law in Economic Diversification Push The United Arab Emirates has enacted groundbreaking leg...

Unveil Luxurious 'Rawdat Al Sadr' Land Project Spanning 8.5M Sq. Ft. in Sharjah
Sharjah's Real Estate Ambitions Take Shape with Massive 8.5 Million Square Foot Mixed-Use Development Al-Rasikhoon Real Estate has launched "Rawdat A...

Abu Dhabi Development Fund Inaugurates Feydhoo International Airport in Maldives
UAE-Led Investment Coalition Transforms Maldives Aviation Hub in $90M Infrastructure Push The Maldives has officially opened its upgraded Velana Inte...

Gulf GDP Soars to $588 Billion by 2024, Showcasing Robust Economic Growth
Gulf States Achieve Economic Milestone as Non-Oil Sectors Drive 78% of GDP Growth The Gulf Cooperation Council (GCC) economies have reached a signifi...

Soaring Demand for Residential Land Projects in Abu Dhabi: A Thriving Real Estate Landscape
Abu Dhabi's Land Rush: AED 5.5 Billion Project Sells Out in Three Days as Supply Shortage Fuels Frenzy Abu Dhabi's residential land market is experie...

UAE Delegation Explores Strengthening Aviation Cooperation with China
UAE and China Deepen Aviation Partnership as Middle East Seeks Tech Independence A high-level UAE aviation delegation has concluded strategic talks i...

China's Fiscal Spending Rises 3.4% in First Half, Driving Economic Recovery
China Ramps Up Spending Despite Revenue Decline as Economic Pressures Mount China increased its fiscal spending by 3.4% year-on-year to nearly 14.13...

UAE-Listed Stocks Reach Soaring Market Cap of AED 4.21 Trillion
UAE Stock Markets Hit Record High as Banking and Real Estate Surge Drives 4.2 Trillion Dirham Milestone The UAE's stock markets have reached a histor...

ESG Stallions Revenues Surge 11% in First Half, Driving Growth Momentum
ESG Stallions Emirates Delivers 11% Revenue Growth as UAE Conglomerates Double Down on Diversification ESG Stallions Emirates, a subsidiary of Intern...

Palestinian Economy and Tourism Minister Discusses Enhancing Cooperation with Central Bank Governor
UAE Shares Anti-Money Laundering Expertise with Palestine in Strategic Partnership Move The UAE is positioning itself as a regional leader in financi...

Ras Al Khaimah's Registered Business Licenses Reach AED 10.2 Billion in Capital
Ras Al Khaimah's Business Boom: Industrial Licenses Surge 111% as Emirate Emerges as UAE's Manufacturing Hub Ras Al Khaimah is experiencing a dramati...

Emirati Banks Rake in $10B Profits in H1, Outperforming Expectations
UAE Banking Sector Posts Strong Growth with 5% Profit Jump in First Half of 2025 The UAE's banking sector demonstrated remarkable resilience and grow...

Standard Chartered Launches Pioneering Sustainable Banking Account
Standard Chartered Launches Pioneering Green Banking Solution as UAE Doubles Down on Sustainable Finance Standard Chartered has introduced the world'...

30% Rise in Licensed Firms with Abu Dhabi Global Financial Center's Regulatory Authority
Abu Dhabi's Financial Hub Emerges as Global Crypto Leader with 30% Growth in Licensed Firms Abu Dhabi Global Market (ADGM) has positioned itself as a...

Rakez and Pioneer Wealth Management Partner to Enhance Financial Planning Services
UAE's Ras Al Khaimah Doubles Down on Wealth Management to Attract High-Net-Worth Investors Ras Al Khaimah Economic Zones (RAKEZ) has forged a strateg...

Central Bank and Mercury Launch Project to Boost Financial Market Infrastructure
UAE Central Bank Partners with Mercury to Build Next-Generation Payment Infrastructure The UAE Central Bank has launched a strategic joint venture wi...