MENA

UAE gold prices stable at AED315.15 amid thin year-end trading, set for strong annual gains

22-carat gold stood at AED 292.25, 21-carat gold was priced at AED 283, while 18-carat gold was at AED 242.50

OPEC Fund grants $20 million loan to support agricultural development in Malawi

This initiative will promote food security, reduce poverty, and improve livelihoods for 130,000 individuals

Dubai launches first-ever tax certification program in Arab world

This certification caters specifically to tax professionals employed by Dubai government entities

Oil prices steady at $73.22 and $69.19 amid holiday trading slowdown

Year-end profit-taking and portfolio rebalancing contributed to the lower trading volumes

Middle East private medical insurance costs to rise 12 percent by 2025

64 percent of insurers expect higher medical trends worldwide over next three years

UAE-Croatia bilateral trade surges to $78.9 million in H1 2024, up 44.8 percent

UAE non-oil trade with Croatia reaches $110.7 million in 2023

Sheikh Mohammed establishes Dubai Resilience Centre to enhance crisis management capabilities

The Decree will enhance Dubai's reputation as one of the most agile cities globally in managing risks, emergencies, crises, and disasters

Kuwait, India agree on upgrading ties to strategic partnership

The two sides highlighted trade's crucial role in connecting their countries and its potential for further growth and diversification

Investopia Tokyo explores investment and financing opportunities in Japanese markets in fintech, new economy

Bin Touq: ‘Investopia Tokyo’ creates promising economic and investment opportunities for the UAE and Japanese business communities

Oil prices rise 0.4 percent amid U.S. shutdown relief, positive inflation trends

Brent crude futures for February rose by 0.4 percent to $73.20 a barrel

DP World launches Middle East’s first $100 million blue bond to fund sustainable marine transport

Eligible initiatives include reducing maritime pollution, sustainable ports, and water quality

AD Ports appoints Egyptian contractor to build infrastructure for Noatum Ports – Safaga Terminal

The terminal will handle 450,000 TEUs, 5 million tons of dry bulk, and 1 million tons of liquid bulk

Dubai DET, IHG Hotels & Resorts partner for joint marketing and training initiatives

Both organizations will develop tourism products highlighting Dubai's unique attractions, like cultural tours and seasonal packages

Top holiday travel destinations for UAE residents in 2024

Cities like London, Bangkok, and Istanbul enchant UAE travelers with culture and holiday cheer 

Economy Middle East and ADGM sign MoU announcing return of Economy Middle East Summit in 2025

Building on the inaugural summit's success, this partnership aims to strengthen the UAE's role as a global economic and innovation hub

OPEC Fund authorizes nearly $1 billion in new development financing

These initiatives support global nations by improving infrastructure, food security, renewable energy, and economic resilience

UAE, global gold prices show minimal movement ahead of Fed meeting

Gold consolidated between $2,600 and $2,700 as traders bought dollars before key central bank meetings

DIEZ’s Tradeling acquires Axiom Telecom to fuel growth in MENA’s e-commerce market

Tradeling, MENA’s largest B2B e-commerce platform, poised for annual revenue of over AED2 billion

Middle East aviation market size to reach $33.7 billion by 2029

Airports across the region are expanding to meet growing demand, with a total project value of over $1.3 trillion

ADFW 2024: World Bank commends UAE efforts in tackling global climate challenges

The World Bank is committed to achieving the SDGs and highlights the importance of collaborating with the UAE 

ADFW 2024: Finstreet launches first-of-its-kind international securities financial market infrastructure

With FSRA approval, Finstreet’s regulated subsidiaries are operational, accepting applications from professional investors

ADGM announces plans to establish insurance association to promote industry growth

The association will enhance collaboration, standards, and practices in the insurance industry

Oil prices dip amid supply surplus expectations and China’s stimulus efforts

Brent oil futures fell by 0.1 percent to $73.34 per barrel

UAE healthcare sector aims for 20 percent carbon emission reduction by 2030: Report

New study urges healthcare to adopt sustainability to reduce emissions, energy use, and waste