Economy
Iraq Launches First Phase of Bijayi Gas-Fired Power Station Modernization
Layla Al MansooriIraq Launches Major Power Grid Expansion as Energy Crisis Drives Infrastructure Revival Iraq has begun construction on a strategic 1,014-megawatt gas...
UAE's Economic Lifeline: Sheikh Mohammed Underscores the Union Train's Vital Role in Advancing the Nation's Future
UAE's Sheikh Mohammed Takes Historic Rail Journey as National Train Network Nears Commercial Launch The UAE's ambitious national railway project reac...
Abu Dhabi First Bank Unveils New Headquarters in the United Kingdom
First Abu Dhabi Bank Doubles Down on London as Gulf Capital Flows Reshape Global Finance First Abu Dhabi Bank (FAB), the UAE's largest lender, has of...
Trump's Policies Reshape the Global Economic Landscape
Trump Launches Global Trade War with Sweeping Tariffs on 69 Countries President Donald Trump has imposed punitive tariffs ranging from 10% to 50% on...
Etihad Airways Debuts Groundbreaking A321LR Service, Elevating Passenger Experience
Etihad Airways Redefines Narrow-Body Luxury with Debut of Premium A321LR Service Etihad Airways has launched its first commercial flight aboard the n...
Rakez and Beko Collaborate to Streamline Small and Medium Enterprises Operations
UAE's Ras Al Khaimah Targets SME Digital Revolution with Strategic Fintech Partnership The Ras Al Khaimah Economic Zones Authority (RAKEZ) has forged...
Dubai Duty-Free's Soaring July Sales: AED 638 Million Milestone Reached
Dubai Duty Free Defies Global Luxury Slowdown with Record-Breaking July Sales Dubai Duty Free has bucked the global trend of declining luxury sales,...
Alpha Abu Dhabi Holding Reports AED 6.6 Billion in Net Profits for First Half
Alpha Dhabi Delivers Explosive 34% Profit Growth as UAE's Economic Diversification Strategy Pays Off Abu Dhabi's Alpha Dhabi Holding has posted remar...
Armani and Ras Al Khaimah Real Estate Partner for Beachfront Villas Launch
Giorgio Armani Unveils World's First Branded Villas in UAE's Ras Al Khaimah Giorgio Armani Group has partnered with Ras Al Khaimah Real Estate and SI...
China's International Trade in Goods and Services Surges 6% in June
China's Trade Surplus Hits $70 Billion as Export Engine Powers Through Global Headwinds China recorded a robust $70.1 billion trade surplus in June,...
Gold Steady Amid Surging Dollar, Investors Seek Safe Haven
Gold Stumbles as Trump's Sweeping Tariffs Fuel Dollar Rally Gold prices stabilized Friday but remained on track for weekly losses as President Donald...
UAE's Surging Demand for Gold Bars and Coins: A 25% Boost
UAE Gold Investment Surge Signals Flight to Safety Amid Global Uncertainty The United Arab Emirates has emerged as a key driver of global gold invest...
Abu Dhabi Hotels Generate AED 3.82 Billion in 5-Month Revenue Surge
Abu Dhabi's Hotel Boom Signals Middle East Tourism Renaissance Abu Dhabi's hospitality sector is experiencing a remarkable surge, with hotel revenues...
PureHealth Delivers Strong 2.4% Growth with AED 1.03 Billion in Half-Year Profits
PureHealth Delivers Steady Growth Despite Global Tax Headwinds in First Half 2025 Abu Dhabi's PureHealth Holding has posted a modest 2.4% increase in...
Islamic Treasury Sukuk Auction in July Attracts Bids Worth AED 5.35 Billion
UAE's Islamic Treasury Bonds Draw Record Demand as Gulf States Double Down on Sharia Finance The UAE Ministry of Finance has successfully raised 1.1...
UAE Central Bank's Digital Dirham Offers Unparalleled Security and Reliability
UAE's Digital Dirham Advances Toward Launch as Central Bank Details Comprehensive Rollout Strategy The UAE Central Bank has released a detailed repor...
Emirates Launches Daily Flights to Hangzhou, China's Vibrant Tech and Tourism Hub
Emirates Doubles Down on China with Hangzhou Launch, Signaling Major Asian Aviation Recovery Emirates has officially launched daily flights to Hangzh...
International Commercial Bank's Pre-Tax Profits Surge 4% to AED 93 Million in H1
Commercial Bank International Posts Solid Growth as UAE Banking Sector Continues Recovery Commercial Bank International (CBI) has delivered a modest...
Unveiling "Passo": Beyond Real Estate's Architectural Masterpiece on Palm Jumeirah
Beyond Real Estate Bets Big on Palm Jumeirah with $1.4 Billion Luxury Project Dubai's luxury real estate market gains another heavyweight contender a...
UAE Stocks Soar to Remarkable Gains of AED 134.5 Billion in July
UAE Stock Markets Surge on Foreign Investment Wave, Adding $36.6 Billion in July The UAE's stock markets delivered their strongest performance in mon...
E&A Soars 60.7% in H1, Reporting AED 8.8 Billion in Profits
e& Posts 60.7% Profit Surge as UAE Telecoms Giant Accelerates Global AI and Digital Sovereignty Push UAE telecommunications powerhouse e& has deliver...