Economy
Oil Prices Steady After Data Signals Slowdown in U.S. Demand
Layla Al MansooriOil Prices Hover Near Multi-Month Lows as Summer Driving Season Ends Crude oil markets showed minimal movement Wednesday following reports of rising...
Abu Dhabi Ports Generates AED 4.83 Billion in Revenues During Q2
Abu Dhabi Ports Delivers 15% Revenue Growth as Middle East Trade Routes Reshape Global Logistics Abu Dhabi Ports Group has posted impressive Q2 2025...
Gold Shines Bright after US Data Fuels Rate Cut Expectations
Gold Surges as Weak Dollar and Rate Cut Hopes Fuel Safe-Haven Demand Gold prices climbed Wednesday as a weakening U.S. dollar and mounting expectatio...
UAE Tops Global FDI Performance Index 2025: Unlocking Opportunities for Investors
UAE Defends Global FDI Crown as Regional Rivals Struggle to Match Investment Magnetism The United Arab Emirates has secured the top global ranking fo...
Zero to Becomes Strategic Investor in Evolution Data Centers
Abu Dhabi's Zero To Makes Strategic Southeast Asia Data Center Play Abu Dhabi-based digital infrastructure investment platform Zero To has partnered...
Gold Prices Soar: An Insightful Look at the Bullion Market's Latest Upward Trend
Gold Rebounds After Trump's Tariff Reversal, But Inflation Data Could Reshape Fed Rate Cuts Gold prices staged a modest recovery Tuesday following a...
Australian Central Bank Cuts Interest Rates by 0.25%
Australia's Central Bank Delivers Third Rate Cut as Economic Pivot Accelerates The Reserve Bank of Australia slashed interest rates by 25 basis point...
ADNOC Distribution Thrives in Q2 with AED 4.61 Billion in Revenues
ADNOC Logistics Arm Delivers Record Quarterly Performance as Energy Sector Consolidates ADNOC Supply & Services has posted exceptional second-quarter...
Japanese Nikkei Index Reaches Historic High, Signaling Economic Resurgence
Japan's Nikkei Breaks New Ground as Asia's Bull Run Defies Global Economic Uncertainty Japan's benchmark Nikkei 225 index surged to a fresh all-time...
Experts Forecast Robust 20% Growth in Winter Tourism Demand
UAE's Extended Winter School Break Set to Boost Tourism Revenue by 30% The UAE's decision to extend winter school holidays to a full month is expecte...
Abu Dhabi First and Abu Dhabi Housing Collaborate to Offer Additional Real Estate Financing
UAE Government Subsidizes 50% of Islamic Home Financing in Major Housing Push Abu Dhabi's government has launched a groundbreaking housing initiative...
Abu Dhabi Fund for Development: A Strategic Partner in the Comprehensive Arab Development Journey
UAE's Abu Dhabi Development Fund Emerges as Major Regional Power Player Through Strategic Arab World Investments The Abu Dhabi Development Fund has q...
Abu Dhabi's AI Sector Sees Impressive 61% Annual Growth
Abu Dhabi Emerges as Middle East AI Powerhouse with 61% Growth Surge Abu Dhabi is rapidly transforming into a global artificial intelligence hub, wit...
$2.4 Billion Raised Through 14 IPOs in MENA Region in Q2 2025
Middle East IPO Market Shows Resilience Despite Investor Caution as Secondary Listings Dominate The Middle East and North Africa region demonstrated...
UAE Leads Forbes' List of Top Tourism & Travel Leaders in the Region for 2025
UAE Dominates Middle East Tourism Leadership as Regional Travel Sector Reaches New Heights The United Arab Emirates has cemented its position as the...
Gold Prices Dip: A Timely Opportunity for Savvy Investors
Gold Retreats as Markets Weigh US-Russia Talks and Federal Reserve Policy Signals Gold prices declined on Monday as investors adopted a cautious stan...
Oil Prices Dip Ahead of Anticipated U.S.-Russia Talks on Ukraine
Oil Prices Slide as Markets Brace for Critical US-Russia Ukraine Talks Oil futures extended their losing streak in Asian trading Monday, building on...
UAE Banks Post Robust Earnings, Reporting AED 46.2 Billion in Net Profits for First Half
UAE Banks Deliver Strong H1 2025 Performance Despite Economic Headwinds The UAE's banking sector demonstrated remarkable resilience in the first half...
Kuwait Inks $3.3B Power Plant Project Contracts, Boosting Energy Capacity
Kuwait Launches $3.3 Billion Power Plant Project with Novel Public-Private Partnership Structure Kuwait has signed a commitment document for phases t...
Saudi Industrial Output Rises 7.9% in June, Showcasing Economic Resilience
Saudi Arabia's Industrial Boom: Non-Oil Manufacturing Drives 7.9% Growth Surge Saudi Arabia's industrial production index jumped 7.9% year-on-year in...
Google Officially Launches Its AI Programming Assistant 'Coels'
Google's AI Coding Agent Jules Goes Live: A Game-Changer for Software Development Google has officially launched Jules, an AI-powered coding assistan...