Economy

Ajman Chamber Represents UAE at Global Chambers Conference in Melbourne
Ajman Chamber Stakes Global Position at Melbourne Business Summit The Ajman Chamber of Commerce is leveraging Australia's premier international busin...

Groundbreaking $500 Million Sukuk Listing by Bin Gahtti on Nasdaq Dubai
Dubai Sukuk Market Hits New High as Bin Ghati Raises $500M in Oversubscribed Islamic Bond Dubai's position as the global epicenter for Islamic financ...

Dubai Investment Firm Inks Collaboration Pact with Angola's Sovereign Wealth Fund
Dubai Investment Strikes Major Angola Deal as Gulf Capital Eyes Africa's Urban Renaissance Dubai Investment has signed a strategic partnership with A...

Austria's Inflation Rate Hits Highest Level Since March 2024
Austria's Inflation Surge Signals Growing Economic Pressures Across Eurozone Austria's inflation rate jumped to 4.1% in August, up from 3.6% in July,...

Abu Dhabi Ports Inks Dredging Deal to Boost Operational Capacity at Karachi Terminals
Abu Dhabi Ports Deepens Pakistan Push with $300 Million Karachi Expansion Abu Dhabi Ports Group has signed a major dredging contract with Dutch marit...

Dollar Soars Amid Skyrocketing Gold Prices
Gold Hits Record High as Dollar Recovers from Five-Day Selloff Gold surged to an unprecedented $3,508.50 per ounce on Tuesday, marking its sixth cons...

Gold Reaches Record-Breaking Highs: A Meteoric Rise in Prices Captivates the Market
Gold Smashes Through $2,500 Barrier as Fed Rate Cut Bets Intensify Gold has shattered another record high, surging past $2,501 per ounce in Asian tra...

UAE's Mobile Subscriptions Surge to 23 Million, Fueling Digital Transformation
UAE Mobile Subscriptions Surge 8.5% as 5G Infrastructure Drives Digital Economy Growth The UAE's mobile telecommunications sector continues its robus...

Sharjah Economy and Energy Council Explore Avenues to Boost Collaborative Efforts
Sharjah Strengthens Economic Diversification Push Through Energy Sector Partnership Sharjah's Economic Development Department and the Energy Council...

Sharjah Chamber Celebrates Emirati Women's Day, Renews Commitment to Empower Women Entrepreneurs
UAE's Sharjah Chamber Celebrates Women's Economic Rise as Gender Parity Vision Takes Shape The Sharjah Chamber of Commerce and Industry marked UAE Wo...

Sharjah Airport's Free Zone Boosts Food Sector Investments
Japanese Food Giant Expands Sharjah Operations as UAE Strengthens Position as Regional Trade Hub Japanese confectionery and nutrition company Grape T...

Twelve Promising Startups Shortlisted for Sharjah Entrepreneurship Challenge 2025
Sharjah Positions Itself as Global EdTech Hub with Major Innovation Challenge The Sharjah Entrepreneurship Center has narrowed down 4,600 global appl...

Dubai World Trade Centre Hosts Over 135 Events in the Second Half
Dubai World Trade Centre Unveils Ambitious 135-Event Calendar to Cement Global Business Hub Status Dubai World Trade Centre is rolling out an unprece...

Abu Dhabi to Host 'China Visitors Summit': Exploring the Emirate's Allure for Chinese Tourists
UAE Positions Itself as Gateway to Chinese Tourism with Landmark Industry Summit The UAE has solidified its position as a premier destination for Chi...

Abu Dhabi's Zayed International Airport Earns Level 2 Accessibility Accreditation from IATA
Abu Dhabi's Zayed International Airport Sets New Standard for Inclusive Travel with Level 2 Accessibility Certification Zayed International Airport h...

Sharjah Unveils Billion-Dirham 'Al Qasimia Gateway' Development Project
Sharjah Launches $272 Million Industrial Hub to Challenge Dubai's Manufacturing Dominance Sharjah has unveiled the ambitious Al Qasimia Gateway Lands...

Gold Surges to 4-Month High, Attracting Investor Interest
Gold Hits Four-Month High as Fed Rate Cut Bets Intensify, Silver Breaks Decade-Long Ceiling Precious metals are staging a dramatic rally as investors...

Luxurious Yacht Tourism Boosted: Dubai Maritime Launches "Dock & Dine" Initiative
Dubai Launches "Dock & Dine" Initiative to Capture High-End Marine Tourism Market Dubai has unveiled an ambitious new initiative that transforms the...

Civil Aviation Authority Launches Unified Portal for All Aircraft Operators
UAE Launches Digital Aviation Hub to Eliminate Bureaucracy and Streamline Airport Operations The UAE General Civil Aviation Authority has unveiled FO...

Buruj Shareholders Approve Landmark 2.42 Billion Dirham Dividend for H1 2025
UAE's Borouge Delivers $660M Interim Dividend as Petrochemicals Giant Eyes $60B International Expansion Borouge PLC has approved a substantial $660 m...

Japanese Nikkei Index Plunges to 3-Week Low Amid Market Volatility
Japan's Nikkei Plunges to Three-Week Low as AI Chip Rally Shows Cracks Japan's benchmark Nikkei index tumbled over 2% on Monday, hitting its lowest l...