UAE bourses close lower ahead of fourth-quarter earnings
Stock markets in the United Arab Emirates closed lower on Friday, despite rising oil prices, ahead of the upcoming earnings season. Dubai's ...
Dollar steadies ahead of Trump inauguration
 The U.S. dollar steadied on Thursday despite the sharp fall in U.S. bond yields after Wednesday’s inflation data as market focus shifte ...
OPEC holds steady on 2025 global oil demand growth forecast
OPEC kept its global oil demand growth forecast for 2025 unchanged, with the expectation that it will remain steady at the same rate in the followi ...
UAE's Masdar announces $6 bln project to deliver reliable clean power
UAE state-owned renewable energy firm Masdar announced on Tuesday plans to create a new solar and battery energy facility that will deliver 1 gigaw ...
UAE, Malaysia sign MoU to collaborate on artificial intelligence
Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi ...
Yemeni-American Businessman Announces Free Meals for Fire Evacuees in Los Angeles
Los Angeles-  As wildfires continue to devastate ...
UAE : Economic Integration Committee reviews its achievements, efforts in promoting national economic growth
The Economic Integration Committee held its first meeting for the year 2025, chaired by Abdullah bin Touq Al Marri, Minister of Economy, and with t ...
UAE’s tech industry set to achieve record growth in 2025
The UAE’s technology industry is set to achieve record growth in 2025, driven by significant expansion in digital innovation and the adoption ...
UAE shares mixed ahead of US jobs data
Stock markets in the United Arab Emirates ended Friday on a mixed note, as investors held their breath ahead of crucial US jobs data, which could o ...
Volkswagen brand deliveries fall 1.4% in 2024
The Volkswagen (ETR:VOWG_p) brand's global deliveries fell 1.4% to 4.8 million vehicles in 2024, with battery-electric sales down around 2.5%, Euro ...
UAE non-oil business activity growth picks up in December, PMI shows
The United Arab Emirates' non-oil private sector expanded at its fastest pace in nine months in December, driven by strong demand and increased bus ...
Dubai real estate market sets all-time record throughout 2024
Dubai’s real estate market has had a record-breaking year, with new milestones being set throughout 2024, culminated in an all-time peak of 1 ...
Most Gulf markets wrap up 2024 with sparse gains; Dubai stands out
Most stock markets in the Gulf ended higher on Tuesday, concluding the year with meagre gains amid weak oil prices, although the Dubai index outsho ...
Most Gulf markets gain on rising oil
Most stock markets in the Gulf ended higher on Sunday in response to Friday's rise in oil prices, while the Egyptian index ended lower. Oil ...
Dollar gains on yen on bets of US growth, inflation
The U.S. dollar hit a five-month high against the Japanese yen on Thursday on expectations the greenback would be boosted next year by policies by ...
UAE’s AD Ports Group doubles credit facility to $2.13bn
The UAE’s Abu Dhabi Ports Group has successfully refinanced and more than doubled its revolving credit facility from $1 billion to $2.13 bill ...
Oil rises 1% after US crude stocks fall, investors eye Fed's next move
 Oil prices rose on Wednesday after U.S. crude inventories fell and as investors eyed a potential interest rate cut by the U.S. Federal Reserv ...
Dubai hits over a decade high; Most Gulf shares muted
Dubai's benchmark share index jumped on Tuesday to its highest level in more than a decade, while most other markets in the Gulf were muted as inve ...
UAE to offer VAT refund to tourists for online purchases
The UAE will now offer value-added tax refunds for e-commerce purchases made by tourists during their stay in the Emirates. The move aims to boost ...
Egypt inaugurates UAE-built US$600 million solar power plant
Egypt inaugurated a US$500 million solar plant in the southern city of Aswan on Saturday as part of its push to boost renewable energy production a ...
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