Wed, Feb 4, 2026

Economy

Economy
Gold Prices Slide as Dollar Surges after US Interest Rate Cut

Gold Retreats from Record Highs as Fed Rate Cut Strengthens Dollar Despite Easing Signals Gold prices pulled back from historic peaks on Thursday, fa...

Economy
Experts Forecast: Stocks, Gold, and Cryptocurrencies Poised to Thrive After Interest Rate Cuts

Fed Rate Cut Creates Winners and Losers: Gold and Crypto Surge While Banks Face Margin Squeeze As the Federal Reserve prepares its first interest rat...

Economy
Bloom Holding Launches Marbella in Bloom Living Development

Abu Dhabi's Bloom Holding Launches Premium Villa Phase as Emirate's Housing Market Heats Up Bloom Holding has unveiled "Marbella," the tenth phase of...

Economy
Abu Dhabi Ports Awards Baku Shipyards Contract to Build Two Shallow-Draft Container Vessels

UAE's Abu Dhabi Ports Bets Big on Caspian Sea Trade with New Container Fleet Abu Dhabi Ports Group has signed a contract with Azerbaijan's Baku Shipy...

Economy
Central Bank Cuts Benchmark Rate by 25 Basis Points to Boost Economic Growth

UAE Central Bank Cuts Interest Rates Following Fed's Lead, Signaling Regional Monetary Easing The UAE Central Bank reduced its overnight deposit faci...

Economy
Pioneering Drone Cargo Flights Connect Fujairah Airport and Offshore Platform

UAE Breaks Aviation Ground with First Commercial Drone Cargo Flight from Civil Airport Fujairah International Airport has achieved a historic milesto...

Economy
Soar to Thailand's Phuket with 3 Daily Flights by Emirates Airlines

Air Arabia Triples Sharjah-Phuket Flights as Gulf-Thailand Tourism Boom Accelerates Air Arabia's decision to expand its Sharjah-Phuket service to thr...

Economy
Dubai's National Industries Hub Attracts Over $270M in New Projects Since 2025

Dubai's Manufacturing Boom: Industrial Complex Attracts $270M in New Projects as UAE Pivots from Oil Dubai's National Industries Park has secured ove...

Economy
Dubai Lands Department Wins 'Inspiring Brand' Award for Outstanding Real Estate Innovations

Dubai's Land Department Wins Prestigious Asia-Pacific Award, Cementing City's Status as Global Real Estate Capital Dubai's Department of Land and Pro...

Economy
Finance Ministry Explores Enhanced Collaboration with IMF to Bolster Economic Stability

UAE Courts IMF Validation as It Positions for Post-Oil Economic Leadership The UAE's Ministry of Finance hosted International Monetary Fund officials...

Economy
Satellite Operator Ali Al-Hashemi Elected as President of Global Satellite Provider Association

UAE Executive Becomes First Emirati to Lead Global Satellite Operators Association Ali Al Hashemi, CEO of Space Services at Space42, has been appoint...

Economy
Dubai Ranks Among Top 5 Global Logistics Hubs, Leading in Arab World

Dubai Solidifies Global Maritime Dominance as Top-Five Shipping Hub Dubai has secured its position among the world's top five international shipping...

Economy
Skilled Workforce: The Foundation for Aviation Sector Growth

UAE Emerges as Global Aviation Training Powerhouse with 15,000 Professionals Trained The UAE has positioned itself as a strategic hub for global avia...

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...