Gold holds ground after cooler US inflation data
Safe-haven gold held its ground on Wednesday, aided by tariff uncertainty and a cooler inflation report that keep bets for a U.S. rate cut intact. ...
Oil Rises on Weaker Dollar But Tariff Fears Batter Sentiment
Oil prices have been on a rollercoaster ride, influenced by various factors including currency fluctuations and geopolitical tensions. Recently, oi ...
Oil Rises from Six-Month Low as Metrics Signal Drop Was Overdone
West Texas Intermediate rose 0.3% to top $66 a barrel, recovering from the lowest closing price in six months. Ukraine said it’s ready to acc ...
UAE approves National Investment Strategy 2031, boosts socio-economic policies
The UAE Cabinet, chaired by Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and Ruler of Dubai, convened at Qa ...
Abu Dhabi’s ADQ acquires majority stake in logistics firm Aramex
Abu Dhabi sovereign wealth fund, ADQ, announced on Tuesday that it now holds a majority stake of 58% in logistics company Aramex (DFM:ARMX). ...
Oil prices decline as tariff uncertainty keeps investors on edge
Oil prices fell on Monday as concern about the impact of US import tariffs on global economic growth and fuel demand, as well as rising output from ...
Dubai retains top spot for global FDI attraction
Dubai has been ranked the world’s number one destination for Greenfield Foreign Direct Investment (FDI) projects for the fourth consecutive y ...
Trump names cryptocurrencies in strategic reserve; prices spike
U.S. President Donald Trump announced the names of five digital assets he expects to include in a new U.S. crypto strategic reserve on Sunday, spik ...
Lebanon’s Recovery and Reconstruction Needs Estimated at US$11 Billion
Reconstruction and recovery needs following the conflict that affected Lebanon are estimated at US$11 billion, according to a Lebanon Rapid Damage ...
Tech war: China leads US in quantity, quality of semiconductor research, report finds
China is producing twice as many research papers as the US on chip design and fabrication, laying the foundation for a possible leadership role in ...
Trump names cryptocurrencies in strategic reserve, sending prices up
U.S. President Donald Trump on social media announced the names of five digital assets he expects to include in a new U.S. strategic reserve of cry ...
France Q4 GDP Contraction Confirmed at 0.1%
The French economy contracted 0.1% in Q4 2024, confirming preliminary estimates and reversing a 0.4% expansion in Q3. This marks the first ...
Italy and the UAE sign historic $40 billion investment deal
Italy and the United Arab Emirates have finalised a $40 billion deal that strengthens their strategic relationship and Italy's role as the UAE's to ...
Instagram’s new ad format lets creators get paid for testimonials in comments
Instagram is introducing a new way for creators to work with brands to make money by recommending products. On Thursday, Meta introduced an additio ...
Russia could concede $300 billion in frozen assets as part of Ukraine war settlement, sources say
Russia could agree to using $300 billion of sovereign assets frozen in Europe for reconstruction in Ukraine but will insist that part of the money ...
No EU aid for Lebanon without reform, IMF deal
The EU will not disburse 500 million euros of aid to Lebanon until it reforms its financial system and secures an IMF loan, a top EU official said ...
UAE: DIFC marks 20th anniversary with record annual performance
Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa, and South Asia (MEASA), has announced ...
EU promises to respond strongly to possible US tariff hike
The European Commission says it sees no justification for the US policy of reciprocal tariff measures. The European Commission (EC) has sai ...
UAE launches landmark $60mln initiative to expand accessible education for visually impaired students in Ethiopia
Under the directives of UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan, and in the lead-up to the AU Summit opening today — wh ...
UAE : e& reports strong growth in FY24
e& has reported a 10.1% increase in revenues for its fiscal year 2024, reaching AED 59.2 billion ($16.2 billion), compared to AED 53.7 billion ...
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