Latest News

Dubai 24-carat gold price today falls to AED396.75, sees weekly loss on stronger dollar
The Fed maintained interest rates, dampening expectations for a September rate cut amid inflation

Qatar Fund for Development announces second phase of power project in Syria
The second phase, launching on August 2, 2025, will provide 800 megawatts of electric power over the course of one year

Crude oil prices rise above $71.8 amid new tariffs impacting Russian supply
Trump's new tariffs on U.S. trading partners are scheduled to take effect on August 1

UAE central bank highlights key achievements ahead of digital dirham launch
Digital Dirham aims to enhance payment efficiency and drive financial inclusion in the UAE.

BEYOND Developments expands with PASSO, a sculptural waterfront project featuring 625 refined residences on Palm Jumeirah
A spectacular launch event showcased Dubai's skyline with a 13-minute drone performance

Oman joins World Free Zones Organization to enhance competitiveness, promote investment opportunities globally
Oman currently operates 23 special economic zones, poised for significant investments by the end of 2024

UAE Cabinet restructures gender balance council to strengthen national equality efforts
The resolution aims to expand the Council’s scope and strengthen its strategic roles for gender balance

e& posts 60.7 percent increase in consolidated net profit, reaching $2.4 billion in H1 2025
The Group's EBITDA margin of 44.1 percent indicates strong operational performance and financial health

Qatar’s water strategy: Desalination, smart tech, and sustainable growth
Qatar has proactively addressed water challenges by launching a range of sustainable initiatives focused on desalination and smart water management

Middle East air cargo capacity grows 1.5 percent in June as airspace disruptions impact demand
The industry’s air cargo demand increased 0.8 percent annually in June 2025, compared to 2.2 percent in May

Meta’s revenue surges 22 percent to $47.5 billion in Q2 2025, stock rises 1.28 percent in aftermarket trading
Strategic investments in AI and infrastructure are key to Meta’s future revenue growth
