Economy
ADNOC Gas Profits Surge to AED 5.09 Billion in Q2 2025
Layla Al MansooriADNOC Gas Delivers Record Profits as UAE Energy Giant Bets Big on Global LNG Expansion ADNOC Gas has shattered its own quarterly earnings record, pos...
Discover Fujairah's Sustainable Mining Practices Award: Elevating Environmental Excellence
Fujairah Launches Regional Mining Sustainability Awards to Drive Green Economy Transformation The Fujairah Natural Resources Authority has announced...
Emaar Properties Reports 30% Growth in Profits, Reaching AED 8.88 Billion
Emaar Properties Delivers Record-Breaking Growth as Dubai's Property Boom Accelerates Dubai's real estate giant Emaar Properties has posted exception...
Dubai Sees Surge in Building Permit Applications: 30,000 Requests in First Half of Year
Dubai's Construction Boom Accelerates as Building Permits Surge 20% in Early 2025 Dubai's construction sector is experiencing unprecedented momentum,...
Emaar Development Soars: 41% Profit Surge in H1, Reaching AED 4.7 Billion
Emaar Development Surges 41% as Dubai's Property Boom Accelerates Dubai's real estate giant Emaar Development has posted a remarkable 41% surge in ne...
Dubai Roads Authority Sees Surge in Metro and Tram Passengers Embracing Digital Channels
Dubai's Digital Payment Push Cuts Metro Card Top-Up Queues by 26% in First Half of 2025 Dubai's public transport authority has successfully shifted p...
UAE Nuclear Regulator Hosts IAEA Inspection Mission
UAE Nuclear Authority Sets Global Benchmark with AI-Powered Knowledge Management System The UAE Federal Authority for Nuclear Regulation has earned i...
UAE's United Arab Bank Raises AED1.031 Billion Through Rights Issue
Arab Bank Al Etihad Raises $280M in Oversubscribed Rights Issue, Signaling UAE Banking Sector's Capital Strength United Arab Bank (UAB), listed on th...
UAE Participates in Global Ministerial Meeting on Small and Medium Enterprises in Johannesburg
UAE Leverages Global SME Summit to Showcase Its Entrepreneurship Dominance The UAE has reinforced its position as a global entrepreneurship hub by pa...
UAE Showcases Energy Transformation Efforts at G20 Summit in South Africa
UAE Leverages Nuclear Success to Lead G20 Energy Transition Agenda in Africa The United Arab Emirates is positioning itself as a key architect of glo...
Central Bank Fines Finance Company for Regulatory Violations
UAE Central Bank Tightens Grip on Finance Sector with AED 600,000 Penalty The UAE Central Bank has imposed a substantial AED 600,000 fine on a financ...
Gold Slumps as Markets Await Federal Reserve's Policy Decision
Gold Retreats as Dollar Rebounds Ahead of Trump's Federal Reserve Decision Gold prices pulled back on Wednesday as the dollar recovered from weekly l...
Dollar Confined to Tight Range as Investors Await Federal Reserve's Decision
Dollar Treads Water as Trump's Fed Pick Looms Large Over Markets The US dollar remained range-bound Wednesday as investors held their breath for Pres...
Oil Rebounds from 5-Week Low, Signaling Market Resilience
Oil Prices Rebound as Trump's India Tariff Threats Spark Supply Disruption Fears Global oil markets staged a modest recovery on Wednesday, climbing b...
UAE Stock Markets Soar: Gains Reach AED 13 Billion
UAE Stock Markets Surge AED 13 Billion as Banking Giants Lead Rally The UAE's stock markets delivered a robust performance yesterday, with combined m...
Abu Dhabi Ports Unveils New Office in Islamabad, Expanding Global Footprint
Abu Dhabi Ports Doubles Down on Pakistan Strategy with New Islamabad Office Abu Dhabi Ports Group has opened its first representative office in Pakis...
Abu Dhabi's Alfa Holding Explores Acquisitions and New Listings to Expand its Financial Portfolio
Alpha Dhabi Holding Plots Major Market Expansion with 33.7 Billion Dirham War Chest Abu Dhabi's diversified investment giant Alpha Dhabi Holding is p...
Oil Prices Steady: A Balanced Energy Market Analysis
Oil Markets Show Stubborn Stability as Global Economic Uncertainty Persists Oil prices remained virtually unchanged on Tuesday, with Brent crude hold...
Japanese Nikkei Index Climbs, Tracking Wall Street's Upward Momentum
Japanese Stocks Rise Despite Chip Sector Drag as Wall Street Momentum Crosses Pacific Japanese markets opened higher on Tuesday, riding the wave of W...
Gold Soars on Expectations of U.S. Interest Rate Cuts
Gold Extends Rally to Fourth Consecutive Session as Dollar Weakness Fuels Rate Cut Expectations Gold continued its upward momentum for the fourth str...
Slumping Dollar as Rate Cut Speculation Grows
Dollar Weakens as Fed Rate Cut Expectations Mount Amid Tariff Uncertainty The US dollar declined Tuesday as growing expectations of Federal Reserve i...