Economy
Gold Prices Climb for the 8th Consecutive Week: Bullish Trend Continues
Layla Al MansooriGold prices climbed Friday and are heading toward their eighth straight weekly gain, driven by safe-haven demand and expectations that the Federal Res...
Abu Dhabi's 'New York' Launches Global Financial Competitiveness Institute
NYU Abu Dhabi's Stern Business School just launched the Global Financial Competitiveness Institute, a new research center that uses data science to st...
AI Innovation Shaping the Future: Exploring the Cutting-Edge Advancements at GITEX Global 2025
Dubai is getting ready to host GITEX Global 2025, the world's largest tech event bringing together AI pioneers, startups, and tech companies from Octo...
Unlock Abu Dhabi-London Business Opportunities: Explore Promising Investment Prospects
Abu Dhabi and London business leaders signed several agreements and memorandums of understanding during a major investment forum in the British capita...
Adnoc and Tasweeq Establish Specialized Chemical Port in Al Ruwais
ADNOC Logistics & Services and TA'ZIZ have signed a 50-year agreement to build the UAE's first specialized chemicals port in Ruwais. The $300 million...
UAE's Logistics Hub Status Strengthened by 'Union Rail,' Says Zeyoudi
The UAE's Etihad Rail project is positioning the country as a major global logistics hub, with passenger services set to launch in 2026 alongside mass...
Dubai Launches Mainland Commercial License for Free Zone Companies, Boosting Business Opportunities
Dubai has launched a new permit system that allows free zone companies to operate directly in the mainland market for the first time. This marks a sig...
Dubai Chambers Host Global Trends Dialogue to Empower Business Community
Dubai's Chamber of Commerce hosted a "Global Trends Dialogue" to help local businesses prepare for major economic shifts happening worldwide. The even...
Japanese Nikkei Index Struggles Amid Optimism Surrounding Fiscal Stimulus
Japan's Nikkei index struggled to find direction Wednesday as investors weighed hopes for more government stimulus against profit-taking after the ind...
World Bank Upgrades UAE's Economic Growth Forecast to Robust 4.8%
The World Bank has raised its growth forecast for the UAE economy to 4.8% in 2025, marking the country as the fastest-growing economy among Gulf Coope...
Abu Dhabi Economic Delegation Inks Deals to Boost US Trade Ties
Abu Dhabi signed major business deals with US financial and tech companies during a high-level economic mission to New York, as the emirate pushes to...
Ras Al Khaimah Ruler Enacts New Laws to Boost Commercial Protection and Regulate Discounted Sales
Ras Al Khaimah just passed two new business laws that could reshape how companies operate in the emirate. The ruler issued comprehensive regulations c...
Japanese Yen Drops to 2-Month Low Against US Dollar: Economic Implications Explored
The Japanese yen hit a two-month low against the dollar Tuesday and reached an all-time low against the euro, as Japanese government bond yields spike...
UAE Banking Sector Assets Reach 5.08 Trillion Dirhams in August
The UAE's banking sector showed steady growth in August, with total banking assets reaching 5.087 trillion dirhams, up 1.3% from July. This growth ref...
Dubai's INTA Office Opening Boosts Innovation and IP Protection, Says Economy Minister
The International Trademark Association (INTA) opened its first Middle East and North Africa office in Dubai International Financial Centre, marking a...
New Tax Adjustments for Sweetened Beverages in Upcoming Revisions
The UAE Ministry of Finance has finished preparing new tax laws that will change how sugary drinks are taxed starting January 1, 2026. Instead of the...
Japanese Yen Plunges to Record Lows Against Euro, Sparking Economic Concerns
The Japanese yen dropped 1.5% against the dollar on Monday morning, marking its biggest single-day decline in five months. This sharp fall erased all...
Stellantis Unveils $10 Billion Investment Plan to Expand in America
Stellantis plans to pump around $10 billion into the United States as the struggling automaker behind Jeep SUVs and Ram trucks refocuses on its most p...
UAE Securities and Commodities Authority Enhances Investor Protection Leadership
The UAE's Securities and Commodities Authority is participating in Global Investor Week 2025, running from October 6-12, as part of an international i...
National Airlines Soar to Over 590 Destinations with a Fleet of 550 Aircraft
UAE airlines are having their best year yet. The country's four major carriers now fly to over 590 destinations worldwide with a combined fleet of 550...
UAE Civil Aviation Authority Unveils AI-Powered Projects at ICAO General Assembly Exhibit
The UAE's General Civil Aviation Authority launched several AI-powered projects at the International Civil Aviation Organization's 42nd Assembly in Mo...