Economy
Oil Prices Tumble Amid Demand Concerns: Navigating the Shifting Energy Landscape
Layla Al MansooriOil Prices Stumble Despite Fed Rate Cut as US Demand Concerns Override Stimulus Optimism Oil markets displayed a muted reaction to the Federal Reserv...
Gold Prices Steady as Investors Await Clues on US Interest Rate Path
Gold Treads Water as Markets Digest Fed's Cautious Rate Cut Strategy Gold prices remained largely unchanged on Friday as investors reassess their exp...
UAE Stocks Surge: Local Equities Gain AED 16.6 Billion in Market Value
UAE Stock Markets Surge AED 16.6 Billion as Interest Rate Cuts Fuel ADNOC Rally The UAE's stock markets posted impressive gains worth AED 16.6 billio...
Nvidia Invests $5 Billion in Struggling Intel to Bolster Chipmaking Dominance
Nvidia's $5 Billion Intel Bet Signals Strategic Shift in U.S. Chip Manufacturing Nvidia's surprise $5 billion investment in struggling chipmaker Inte...
UAE Participates in Paris Conference on the Road Map for the New Nuclear Energy
UAE Positions Itself as Nuclear Energy Leader While Global Powers Seek Triple Capacity by 2050 The UAE is leveraging its successful Barakah nuclear p...
Abu Dhabi Customs Sees Surge in Digital Transactions, Driving Efficiency and Modernization
Abu Dhabi Customs Digitization Drive Delivers 10% Growth as UAE Positions Itself as Regional Trade Hub Abu Dhabi Customs Authority has achieved a 10....
Ajman Chamber Unveils 2025 Project Milestones and Updates
Ajman Chamber Doubles Down on Anti-Bureaucracy Push as Export Values Surge 40% The Ajman Chamber of Commerce is intensifying efforts to eliminate gov...
Italian Firms in Dubai Commodities Hub Surge 10% in 12 Months, Boosting Trade Ties
Dubai's Trade Hub Captures Italian Business Exodus as Europe Seeks Middle East Gateway Dubai Multi Commodities Centre (DMCC) has recorded a striking...
UAE and China Explore Expanding Economic and Investment Ties
UAE-China Economic Partnership Enters New Phase as Tourism and Trade Ties Deepen The UAE is positioning itself as China's premier Middle Eastern part...
Dubai Chambers and Emirati Development Authority Forge Partnership to Empower Startups
Dubai Chambers and Emirates Development Bank Unite to Supercharge SME Growth Dubai is doubling down on its commitment to small and medium enterprises...
UAE Leads Digital Trade Session at World Trade Organization Parliamentary Conference in Geneva
UAE Spearheads Global Push for Digital Trade Rules as WTO Reform Gains Momentum The UAE has positioned itself at the forefront of international effor...
Etihad Airways Adds Damascus to Its Growing Global Network
Etihad Airways Announces Damascus Route as Syria Re-enters Commercial Aviation Map Etihad Airways will launch direct flights to Damascus in June 2026...
Amazon Unveils First Logistics Hub in Abu Dhabi, Expanding Middle East Footprint
Amazon's Abu Dhabi Logistics Hub Signals UAE's Push to Dominate Regional E-Commerce Amazon has opened its first logistics center in Abu Dhabi in part...
UAE-Japan Business Council's Second Meeting Draws 40 Stakeholders for Bilateral Trade Talks
UAE and Japan Deepen Business Ties as Private Sector Takes Center Stage in Economic Partnership The second UAE-Japan Joint Business Council meeting i...
EU and ECB Advance Talks on Digital Euro, Shaping the Future of European Finance
Europe's Digital Euro Finally Gains Momentum as ECB Yields Power to National Governments The European Central Bank has made a crucial concession to E...
Saudi Aramco Completes $3 Billion Global Sukuk Issuance, Bolstering Financial Resilience
Saudi Aramco Taps Global Markets with $3 Billion Islamic Bond Offering Saudi Aramco has successfully completed a $3 billion international sukuk issua...
Shipbuilder Saipem and PGN Acquire Third Liquefied Petroleum Gas Carrier 'Mirak'
UAE's Al Seer Marine Expands Fleet with Third Giant LPG Carrier, Eyes Green Fuel Future Al Seer Marine has taken delivery of "Mirak," an 86,423 cubic...
AI to Boost Global Trade Value by 40% by 2040: Transforming the Future of Commerce
WTO Chief Predicts AI Will Boost Global Trade by 40% Despite Rising Protectionist Barriers World Trade Organization Director-General Ngozi Okonjo-Iwe...
Dollar Steadies After Volatility from U.S. Interest Rate Decision
Dollar Stabilizes After Fed Rate Cut Triggers Wild Swings, But Broader Weakness Persists The US dollar found its footing Thursday morning after a dra...
Japanese Nikkei Index Hits Record High, Surging Ahead in Asian Markets
Japan's Nikkei Hits Fresh Record High Despite Yen Headwinds as Tech Stocks Drive Rally Japan's benchmark Nikkei index reached a new all-time high on...
Oil Prices Unchanged After U.S. Interest Rate Cut
Oil Markets Shrug Off Fed Rate Cut as Traders Focus on Broader Economic Signals Oil prices remained largely unchanged Thursday following the Federal...