Economy

Canada to impose $20.7 billion retaliatory tariffs on U.S.

Canada stands as the largest foreign supplier of steel and aluminum to the U.S.

Aldar Investment Properties raises $500 million with green sukuk

The issuance was oversubscribed 7.2 times, attracting $3.6 billion in orders

Egypt’s drive for gender equality: A necessity for economic prosperity

Comprehensive, well-designed reforms, and investing in the empowerment of women keep country on track for future growth

Bigger jurisdiction, greater opportunities: ADGM completes integration of Al Reem Island into its jurisdiction

Now spanning approximately 14.3 million square meters, ADGM has become one of the world’s largest international financial centers

Investopia 2025 reinforces UAE’s status as an investment powerhouse

This year’s edition hosted 51 panel discussions and saw the signing of 31 partnership agreements and memorandums of understanding

Bahrain: 23 opportunities through land investment platform announced

This expansion showcases greater utilization of government assets to boost economic growth and private partnerships

National Investment Strategy to boost UAE’s global hub status: Minister

The target is to increase foreign direct investment stock to AED2.2 trillion by 2031

EU countermeasures to Trump’s tariffs effective April 1

Negotiation remains a possibility, as tariffs could burden economies amid geopolitical and economic uncertainties

U.S.-Canada trade tensions escalate as Trump boosts, then retracts metal tariffs

Trump's actions, spurred by Doug Ford's electricity charge threat, unsettled markets and inflation concerns

Saudi Arabia hosts U.S.-Ukraine talks in Jeddah

These discussions are vital for the Kingdom's efforts to address the Ukraine crisis and promote peace

IMF unlocks $2.5 billion for Egypt after loan review

Lender approves $1.2 billion from the disbursement programme and $1.3 billion under a separate facility

Saudi Arabia, Ukraine seek stronger economic ties as bilateral trade grows 9 percent in 2024

The two sides welcomed the upcoming reestablishment of the Saudi-Ukrainian Business Council in 2025

Nissan appoints Ivan Espinosa as CEO after Honda merger talks collapse

Espinosa has been serving as the company's chief planning officer since April 2024

Empowering women entrepreneurs in Abu Dhabi: Ra’idah initiative launched

The program will equip entrepreneurs with vital skills in digital and social media marketing for growth

TECOM Group shareholders approve $109 million cash dividend for H2 2024

TECOM Group saw an 11 percent year-on-year increase in revenues to AED2.4 billion in FY2024

US stock market in sharp decline, S&P 500 loses $4 trillion in value

The Nasdaq Composite was down 4 percent, its largest one-day decline since September 2022

UAE approves National Investment Strategy 2031, plans $65.4 billion in annual foreign inflows

The target is to increase foreign direct investment stock to AED2.2 trillion by 2031

Egypt’s annual inflation plunges to 12.5 percent in February

The monthly inflation rate recorded 1.4 percent last month compared to 1.6 percent in January 2025

Alpha Dhabi, Mubadala’s credit joint venture achieves $1 billion portfolio milestone

This accomplishment is vital for the partnership's goal of deploying $2.5 billion by 2028

Global dealmaking recovers as buyouts cross $602 billion in 2024: Report

Meanwhile, global exit value jumped 34 percent year-on-year to $468 billion

GCC inflation reaches 1.7 percent by end of October 2024, reports GCC-Stat

Annual inflation is driven by housing prices up 6.4 percent, goods and services 3 percent, hotels 1.7 percent