Economy

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...

Egyptian Ministers Discuss Women's Economic Empowerment at China Summit
UAE Positions Women as Economic Diplomats in China Partnership Push The UAE is leveraging its celebrated tradition of women's empowerment to deepen e...

UAE Central Bank Boosts Gold Reserves by 26% in 5 Months, Bolstering Financial Resilience
UAE Central Bank's Gold Reserves Surge 26% as Nation Fortifies Economic Defenses The UAE Central Bank has dramatically increased its gold holdings by...

UAE Youth Leaders in Banking: Inaugural Initiative Launched by Education Gateway Platform
UAE Banking Giants Launch Elite Youth Program to Build Next Generation of Financial Leaders The United Arab Emirates has unveiled an ambitious initia...

Gold Hits 3-Week Low Amid Market Volatility: Investors Weigh Economic Uncertainty
Gold Tumbles to Three-Week Low as Strengthening Dollar Pressures Safe Haven Assets Gold prices have fallen to their lowest levels in nearly three wee...

UAE Banks Extend $21.8 Billion in Personal Loans, Fueling Economic Growth
UAE Banks Surge to Record Highs as Consumer Credit Boom Signals Economic Confidence The UAE's banking sector has reached unprecedented heights, with...

Businesses Urged to Complete Tax Records: Federal Tax Authority's Call to Action
UAE Ramps Up Corporate Tax Enforcement as First Filing Season Approaches The UAE Federal Tax Authority has issued a comprehensive reminder to busines...