Economy
Oil Prices Surge in Early Trading: Insights and Outlook
Layla Al MansooriOil prices jumped nearly 1% in early trading Thursday after hitting their lowest levels since early May, with both major crude benchmarks recovering f...
UAE-Africa Tourism Investment Summit Kicks Off October 27, Backed by Sheikh Mohammed bin Rashid
Dubai's Ministry of Economy and Tourism is hosting the UAE-Africa Tourism Investment Summit on October 27, bringing together over 350 leaders from the...
UAE and Uzbekistan Hold Bilateral Meetings to Combat Economic Crimes
The UAE and Uzbekistan are strengthening their partnership to fight money laundering and terrorist financing through a new workshop in Tashkent. This...
Prominent Holding Company "Alec" Debuts on Dubai Financial Market
Dubai's stock market just witnessed its biggest construction sector IPO ever. ALEC Holding, a Dubai-based engineering and construction company, raised...
Oil Prices Slip in Early Trading, Signaling Potential Market Shifts
Oil prices dropped in early trading Wednesday, continuing losses from the previous session as investors weighed warnings from the International Energy...
Abu Dhabi's Pioneering AI Governance Framework: A Pivotal Achievement in the Emirate's Smart City Transformation
Abu Dhabi just launched what it claims is the world's first autonomous government system that handles routine tasks without any human input. The new f...
Sharjah's Women Entrepreneurs Host Forum on Social Responsibility and Social Entrepreneurship
The Sharjah Businesswomen Council teamed up with the American University of Sharjah's business school to host a major dialogue on corporate social res...
Dollar Rebounds as Trade Tension Worries Ease
The dollar held steady Tuesday as growing hopes for a potential meeting between President Trump and his Chinese counterpart boosted expectations that...
Samsung Forecasts Soaring Operating Profits in Q3, Promising Robust Performance
Samsung Electronics reported a massive jump in third-quarter profits today, beating market expectations as memory chip prices continue to climb. The S...
UAE Central Bank Boosts Gold Reserves by $2 Billion Over 20 Months
The UAE Central Bank has been steadily building up its gold reserves, with holdings more than doubling from 11.9 billion dirhams at the end of 2021 to...
in5 Startup Incubator Secures AED 9 Billion in Funding, Fueling UAE's Entrepreneurial Ecosystem
Dubai's in5 business incubator has announced that startups in its ecosystem have raised over 9 billion dirhams in total funding since the program laun...
Microsoft's "Edge" Unveils Fully Automated "Eco" Platform for Comprehensive Vulnerability Detection
ORYXLABS, a cybersecurity company under the EDGE Group, has launched ECHO, a fully automated platform that detects and prevents cyber breaches before...
Gold Reaches All-Time High, Investors Flock to Safe-Haven Asset
Gold hit a new record high on Monday, climbing to over $4,000 per ounce as investors rushed to safe-haven assets amid fresh trade tensions between the...
UAE's Digital Services Trade Reaches $93B, Reports World Trade Organization
The UAE has emerged as a major player in global digital services trade, with total trade volume reaching 341.1 billion dirhams ($93 billion) in 2024....
Expand North Star at GITEX Global Empowers Startups from 180 Countries to Grow
Dubai's biggest startup and investor event just wrapped up its 10th anniversary edition, bringing together over 2,000 startups and 1,200 investors fro...
Global Financial Analysts Applaud ADNOC's Growth Plans and Commitment to Corporate Governance
ADNOC's first investor council in Abu Dhabi drew over 500 global investors and financial analysts, marking a significant milestone in the energy giant...
Luxury Hotels in Abu Dhabi's Zayed District Achieve Record-Breaking Occupancy Rates in Q2
Abu Dhabi's Al Dhafra region is quietly becoming the emirate's standout hospitality performer, with hotels there recording the longest guest stays and...
Dubai Police Showcases Latest Innovations at Gitex Global 2025
Dubai Police is showing off its latest tech innovations at GITEX Global 2025, running from October 13-17 at Dubai World Trade Centre. The force is put...
Empowering UAE's Next-Gen Innovators at 'Expand North Star 2025' by du
UAE telecom giant du is returning as the official communications partner for Expand North Star 2025, the world's largest startup and investor gatherin...
UAE Stocks Surge by AED 26.7 Billion in Weekly Gains, Boosting Local Market Performance
UAE stock markets gained 26.78 billion dirhams in market value last week, with foreign investors and financial institutions driving the rally through...
AD.WE Digital Platform Unveiled by Abu Dhabi Energy Department at GITEX 2025
Abu Dhabi's Department of Energy is showing off its AI-powered digital systems at GITEX Global 2025, highlighting how the emirate is reshaping its ene...