UAE to invest billions in France AI data centre
The UAE will invest between €30 billion and €50 billion to build Europe’s largest AI data centre in France, the French presidency a ...
UAE : Dubai’s TECOM Group posts record revenue of $653.4 million in 2024
TECOM Group PJSC, the creator of specialized business districts and vibrant communities, has declared a record revenue of AED2.4 billion ($653.4 mi ...
UAE leans on trade deals for growth as non-oil trade jumps 15% in 2024
The United Arab Emirates' non-oil trade in goods touched a record 3 trillion dirhams ($817 billion) in 2024, up 14.6% from the previous year, as th ...
EU pledges 3 billion euros for Jordan in new ‘strategic’ partnership
The European Union on Wednesday promised 3 billion euros ($3.1 billion) of financing and investments for Jordan as part of a new “strategic&r ...
Yen and Swiss franc jump as investors rush to safe-haven assets
 The yen and Swiss franc jumped against major currencies on Monday in a rush for safe-haven assets as tech stocks plunged, with investors weig ...
Most Gulf markets gain after Trump comments
Most stock markets in the Gulf ended higher on Sunday driven by optimism over U.S. President Donald Trump's recent comments hinting at a more relax ...
Meta to invest up to us$65 bln in 2025 to drive AI ambitions: Zuckerberg
Meta Platforms on Friday announced that the company plans to invest between US$60 billion and US$65 billion in 2025 to expand its artificial intell ...
Dollar falls after Trump hints at softer stance on China tariffs
The dollar was on course for its biggest weekly fall in more than a year on Friday after US President Donald Trump suggested a potentially softer s ...
UAE Among Top 35 Countries With Largest Global Maritime Fleets
The UAE has been recognised among the top 35 countries with the largest global maritime fleets by weight and tonnage, according to the 2024 UNCTAD ...
Europe must be prepared for Trump tariffs, European Central Bank chief warns
 U.S. President Donald Trump's aim to bring home manufacturing by increasing trade barriers is a questionable approach given that the economy ...
Brand Finance names ADNOC most valuable brand at $18.9 billion
ADNOC has retained its position as the UAE's most valuable brand for an extraordinary seventh consecutive year, according to a new report from Bran ...
WEF 2025 to kick off in Davos in shadow of fragmented world
The 2025 Annual Meeting of the World Economic Forum (WEF), a prominent gathering in the Swiss town of Davos, is set to commence on Jan. 20, gatheri ...
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 ...
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