Economy
Pioneering Green Steel: Emsteel Delivers First Shipment of Hydrogen-Produced Rebar to Aldar
Layla Al MansooriUAE Breaks Ground with World's First Green Hydrogen Steel Mosque The United Arab Emirates has achieved a construction industry milestone with the del...
Gold Declines from Two-Week High as Economic Uncertainties Linger
Gold Retreats as Dollar Strength Outweighs Fed Rate Cut Optimism Gold prices pulled back from two-week highs on Monday as a recovering U.S. dollar of...
Energy Giant Acquires Water Desalination Firm GS Inima for $1.2 Billion Expansion
TAQA's $1.2 Billion Water Play Signals Gulf's Infrastructure Export Ambitions Abu Dhabi National Energy Company (TAQA) has struck a $1.2 billion deal...
Emirati Construction Contracts Surge to $59.5B in H1, Fueling Robust Economic Growth
UAE Construction Boom Defies Regional Slowdown as Real Estate Drives 11% Growth The UAE has emerged as the Gulf's construction powerhouse, capturing...
China Sees Surge in Foreign-Invested Companies, Adding 36,000 in 7 Months
China's Foreign Investment Paradox: Record Company Formation Amid Capital Flight China attracted over 36,000 new foreign-invested companies in the fi...
India Propels Space Startup Surge: Powering the Final Frontier
India Aims to Launch 50 Rockets Annually as Modi Unveils Ambitious Space Expansion Plan Prime Minister Narendra Modi has announced India's most ambit...
Discover Abu Dhabi's Thrilling Event Season: Immerse Yourself in an Exciting Calendar from September to Year-End
Abu Dhabi Positions Itself as Global Events Capital with Ambitious Q4 Calendar Abu Dhabi is doubling down on its strategy to become the Middle East's...
Abu Dhabi Challenges Orlando as the Global Capital of Leisure Tourism
Abu Dhabi Challenges Orlando's Entertainment Throne as Disney Picks Emirates for First New Park in 15 Years Abu Dhabi is positioning itself as a seri...
Pioneering Tech Firm Unveils AI Transformation Strategy
UAE Marine Giant Deploys First AI Board Observer in Regional Maritime Sector Al Seer Marine has launched "Nova," the UAE's first AI-powered board obs...
Digital Startups Thrive at 'Expand North Star': 414% Growth Since 2016
Dubai's Startup Showcase Marks a Decade of Digital Dominance The Expand North Star expo has evolved from a modest regional gathering into the world's...
Abu Dhabi's Top 18 Profit-Making Conglomerates Reap $21.3 Billion in Earnings
UAE's Corporate Giants Post Record-Breaking Profits as Economy Surges The UAE's stock markets have delivered a striking demonstration of corporate st...
Gold Prices Remain Steady, Offering Stability in Uncertain Times
Gold Treads Water as Dollar Strength Weighs on Precious Metals Gold prices remained largely unchanged Thursday, with spot prices slipping marginally...
UAE Nuclear Energy Agency Launches Program to Upskill Reactor Operators
UAE Nuclear Energy Company Launches Elite Reactor Operator Program to Build Century-Long Energy Workforce The Emirates Nuclear Energy Corporation (EN...
Power Play: Emirati Utility Secures $2.3B Loan to Fuel Growth Strategy
TAQA Secures $2.3 Billion Local Currency Loan as UAE Energy Giants Double Down on Dirham Strategy Abu Dhabi National Energy Company (TAQA) has closed...
Dollar Slides Amid Concerns Over Fed's Autonomy
Dollar Weakens as Federal Reserve Independence Concerns Rattle Global Currency Markets The US dollar declined Thursday as investor anxiety over the F...
Egypt's Car Prices Plummet: Discover the Best Deals Now
Egypt's Auto Market Crashes: Prices Drop by $18,000 as Local Manufacturing Boom Transforms Industry Egypt's automotive sector is experiencing its mos...
Oil Prices Surge Amidst Strong Demand Signals
Oil Prices Edge Higher as US Inventory Drop Signals Steady Demand Recovery Oil prices climbed modestly on Thursday following a larger-than-expected d...
Central Bank's Gold Reserves Surge 25.9% to AED 28.9 Billion
UAE Central Bank's Gold Holdings Surge 26% as Banking Sector Shows Robust Growth The UAE Central Bank has significantly bolstered its gold reserves b...
Regional Firms and E&A Launch Groundbreaking Sustainability Hackathon Across Gulf Cooperation Council
Gulf Telecom Giants Launch Region's First Sustainability Hackathon to Accelerate Green Innovation Seven major telecommunications companies across the...
Ras Al Khaimah: Fastest Growing Real Estate Market in the Region
Ras Al Khaimah Emerges as UAE's Hottest Real Estate Market Amid Tourism Boom Ras Al Khaimah has rapidly transformed into one of the UAE's fastest-gro...
India and China Agree to Restore Direct Air Travel, Boosting Economic Ties
India and China Resume Direct Flights as Economic Pragmatism Trumps Border Tensions India and China have agreed to accelerate the resumption of direc...