Economy

Gold Slides as Dollar Strengthens: Market Insights for Investors
Gold Retreats as Dollar Strength Dims Safe-Haven Appeal Gold prices pulled back on Wednesday after reaching an 11-week high, as a strengthening U.S....

Boosting Mutual Growth: Africa's Economies Partner for Prosperity
UAE's African Strategy: How Trade Partnerships Are Creating New Investment Corridors The UAE's aggressive push into African markets through comprehen...

Dubai's Commodity Authority Enhances its Technological Ecosystem
Dubai Commodities Center Partners with Swedish Fintech to Accelerate Trading Technology Innovation The Dubai Multi Commodities Centre (DMCC) has sign...

Abu Dhabi Welcomes Lonit and Brevan Howard's Investment Platform Partnership
Abu Dhabi Emerges as Global Hedge Fund Hub with $2 Billion Brevan Howard Partnership Abu Dhabi's ambitions to become a premier global financial cente...

Ream Finance and Abu Dhabi Securities Exchange Announce Groundbreaking Partnership
Abu Dhabi Exchange Partners with Digital Bank to Democratize Stock Trading Access Abu Dhabi Securities Exchange (ADX) has signed two strategic agreem...

Dubai Commodities Exchange Signs MoU with Sweden's Vermiculite Specialist
Dubai's DMCC Partners with Swedish Fintech to Accelerate AI-Driven Trading Infrastructure Dubai Multi Commodities Centre (DMCC) has signed a strategi...

Abu Dhabi's Burj Tawweel Development Exceeds Timeline, Highlighting Project Execution Excellence
Abu Dhabi Developer Burtville Accelerates Construction Timeline Across Seven Major Residential Projects Burtville Developments is outpacing construct...

Abu Dhabi Ports Expands Foothold in Angola, Strengthening Global Maritime Presence
Abu Dhabi Ports Doubles Down on Angola with $6M Fleet Expansion and Digital Trade Platform Abu Dhabi Ports Group is significantly expanding its Afric...

Gold Prices Soar to 2-Week High: Investing Opportunity Unveiled
Gold Surges to Two-Week High as Trump's Fed Shakeup Weakens Dollar Gold prices jumped to their highest level in two weeks following President Donald...

UAE and Angola Aim for $10 Billion in Bilateral Trade by 2033
UAE-Angola Trade Partnership Targets $10 Billion Annual Exchange by 2033 The United Arab Emirates has positioned itself as the gateway to sub-Saharan...

Ras Al Khaimah's Tourism Sector Emerges as the Fastest-Growing in the UAE
Ras Al Khaimah Poaches Former Tourism Australia Chief to Drive Ambitious Visitor Growth Strategy Ras Al Khaimah has recruited Philippa Harrison, form...

Moody's Downgrades Austria's Outlook to Negative Amid Economic Challenges
Austria's Credit Outlook Downgraded as Fiscal Challenges Mount Across Europe Moody's has downgraded Austria's credit outlook from "stable" to "negati...

Tech Collaboration: 'Shara'a' and 'Startup Middle East' Partner to Boost Entrepreneurship
Sharjah Builds Strategic Bridge to India's $1.3 Billion Startup Ecosystem Sharjah's entrepreneurship hub has signed a landmark partnership with India...

Gulf States Dominate Dubai Chamber Exports in H1, Capturing 48.6% Share
Dubai's Trade Boom Reveals Gulf States' Economic Dominance in Regional Commerce Dubai Chamber of Commerce members achieved remarkable export growth o...

Emirati Financial Sector Embraces AI at Unprecedented Pace, KPMG Report Reveals
UAE Finance Departments Lead Middle East AI Revolution with 49% Already Implementing Solutions The UAE is emerging as a regional powerhouse in artifi...

Pioneering Green Steel: Emsteel Delivers First Shipment of Hydrogen-Produced Rebar to Aldar
UAE 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...