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OPEC Fund unveils $720 million financing to support global development initiatives in several countries

A $212 million loan with Oman will improve connectivity through the Khasab–Daba–Lima Road Project 

U.S. Treasury to sell $183 billion in bonds this month

Auction results for two-year, five-year, and seven-year notes will be announced next week 

Visa expands stablecoin initiatives in CEMEA, partners with African fintech Yellow Card

Stablecoins are emerging as one of the most promising tools for faster and more accessible digital payments

UAE central bank holds interest rates steady, in line with U.S. Fed

After keeping interest rates in the 4.25-4.50 percent range, Fed policymakers signaled that rate cuts are still likely to happen in 2025

Kuwait, Austria strengthen financial cooperation with signing of Double Taxation Avoidance Agreement protocol

The agreement aims to stimulate investment and provide legal protection for investors in both nations 

UAE strengthens position as global leader in Islamic finance and halal industry

The UAE aims to increase halal exports to AED 315 billion by 2031 under the new national plan

Crude oil prices fall to $76.52 as investors weigh potential U.S. involvement in Mideast tensions

Lower Iranian supply and risk of wider disruption could push Brent crude above $90, said Goldman Sachs.

Crude oil prices surge above $76.6 on worries over Strait of Hormuz disruptions

Fed discussions this week may lead to a 25 basis point rate cut sooner than expected

AI is a once-in-a-generation investment opportunity, says ADNOC CEO as company grows U.S. investments

Al Jaber called investment in the United States an "investment imperative"

Global oil demand to peak at 105.6 million barrels per day by 2029, says IEA

Heightened geopolitical risks, unresolved trade tensions and policy shifts have added several uncertainties to the oil market outlook

Crude oil prices climb above $73.6 amid Fed anticipation, Middle East uncertainty

Oil was pressured by mixed economic readings from China, signaling inconsistent growth in its economy

Oil prices above $100? How a Strait of Hormuz closure could impact global energy market

Analysts say a closure of the strategic route would likely send oil prices above $100

DoH – Abu Dhabi launches strategic U.S. tour to expand healthcare collaboration

The delegation will visit key innovation hubs in Boston, Washington, D.C., and Philadelphia, coinciding with Abu Dhabi’s participation in the BIO International Convention 2025

Abu Dhabi’s Cyber Security Council, DoH strengthen healthcare cybersecurity with comprehensive drill

Simulated cyberattacks enhance readiness and response capabilities across Abu Dhabi's healthcare sector professionals

Dubai’s path to global healthcare leadership

A vision rooted in innovation and inclusion

Mubadala Bio launched to advance local drug manufacturing, foster innovation in life sciences

The cumulative manufacturing capacity of Mubadala Bio's facilities exceeds 2.5 billion tablets and capsules

Oracle Health, Cleveland Clinic, and G42 launch AI-based healthcare platform to enhance patient care

The platform will leverage AI and analytics to create secure, scalable, and accessible care models.

Neuralink launches UAE-PRIME, first Middle East clinical trial in Abu Dhabi

UAE-PRIME clinical trial aims to explore how individuals with motor and speech impairment can use thought to control devices and communicate

Industry

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UAE economy set to grow 4 percent annually through 2028: S&P Global

The UAE economy's growth is driven by non-oil sector activity and rising oil production

Global investors convene in Abu Dhabi to explore infrastructure opportunities at ADIS 2025

ADIS 2025 brought together over 70 global speakers, 30-plus exhibitors, and a diverse assembly of policymakers, investors, innovators, and industry leaders from around the world

Abu Dhabi’s EMSTEEL achieves ESG Leader status with ‘AA’ provisional rating from MSCI

“AA” rating set as one of the highest achievements among steel players globally

Saudi Arabia sees 3.1 percent increase in industrial production index for April 2025

Mining and quarrying sub-index grew by 0.2 percent while manufacturing surged by 7.4 percent 

Eid al-Adha 2025 drives 45 percent mobile commerce boom in MENA: Report

Gross merchandise volume orders are projected to grow 15 percent

Oman inaugurates $106.6 million facility to transform mining waste into pure copper

Production for Phase 1 is set to begin this June, targeting an annual output of 60 tons

Logistics

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Dubai RTA to host UITP Global Public Transport Summit 2026 in Hamburg, signs $299.5 million bus agreement

Dubai's public transport system witnessed increasing shared mobility journeys to 21.6 percent by 2024

Bahrain, Russia sign key customs agreement to boost trade ties 

The initiative aims to streamline trade and promote border security between both countries

Qatar accelerates electric mobility transition with ambitious EV strategy: PwC

Report highlighted plans to install over 1,000 charging stations by 2030, supporting future EV growth 

Dubai Multi Commodities Centre sees 7 percent increase in U.S. companies, fueled by recent UAE-U.S. agreements 

DMCC is home to over 45 percent of the estimated 1,500 American companies in the UAE 

ADPIC launches five-year roadmap to boost liveability and sustainability, targeting 20 percent increase in private investments

All new projects must comply with the 2050 Net-Zero Policy to ensure environmental sustainability 

Skytrax names Emirates as the 4th best airline in the world for 2025

Emirates was named the 3rd most family-friendly airline in the world

Crude oil prices fall to $76.52 as investors weigh potential U.S. involvement in Mideast tensions

Lower Iranian supply and risk of wider disruption could push Brent crude above $90, said Goldman Sachs.

Dubai 24-carat gold prices dip to AED406.75, global rates ease as Fed keeps rates steady

Gold, which hit a record high of $3,500 in April, has moved into a consolidation phase while awaiting the next potential bullish trigger

Dubai 24-carat gold price today holds steady above AED407 amid rising Middle East tensions

Analysts predict gold prices could reach $3,700 per ounce by the end of 2025

Crude oil prices surge above $76.6 on worries over Strait of Hormuz disruptions

Fed discussions this week may lead to a 25 basis point rate cut sooner than expected

Dubai to launch world’s first water-backed digital asset token with AQUA-INDEX

Announcement forms part of DMCC’s ongoing efforts to establish the DMCC Water Center

Crude oil prices climb above $73.6 amid Fed anticipation, Middle East uncertainty

Oil was pressured by mixed economic readings from China, signaling inconsistent growth in its economy

Miscellaneous

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Hijri New Year 2025: Dubai announces official holiday date for public sector

Holiday excludes entities with shift workers and those providing essential public services

Dubai Orchestra project launched to reinforce city’s position as global center for culture, creativity

The Dubai Orchestra project aims to have Emirati talent make up 50 percent of its members by 2033

Saudi Arabia expands national antiquities register with 744 new archaeological sites

Recent additions highlight Saudi Arabia’s commitment to preserving its rich cultural heritage and history 

Bahrain climbs 12 places in Global Gender Gap Report as women’s empowerment efforts gain recognition

The country secured second place in Gulf gender equality rankings showcasing progress in women's rights

Kuwait announces holiday date to celebrate Hijri New Year

The decision was made during the weekly Cabinet meeting led by Prime Minister Sheikh Ahmad 

Trump family unveils T1 smartphone and ‘Trump Mobile’ service: Key details, pricing, and launch date

Trump Mobile offers 5G service, unlimited data, and customer support based in the U.S.

Real Estate

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How the Dubai Metro Blue Line is set to fuel a property boom

The Blue Line is expected to significantly boost property demand and rental values in at least nine strategic locations across the city

UAE housing sector achieves over $17 billion milestone in support for citizens

The UAE Cabinet approved housing decisions for over 1,838 citizens totalling AED1.2 billion

Sharjah’s BEEAH launches Khalid bin Sultan City, development to include 1,500 freehold residential units

City will include seven distinct residential neighborhoods, aiming to build a connected, human-centered community

OMNIYAT launches Lumena: Ultra-luxury commercial workspaces set for completion in Q4 2029

The tower comprises 91 shell-and-core office units across three categories: 59 offices, 30 half-floor offices and 2 full-floor offices

Abu Dhabi launches AI-powered Binaa platform to reduce building permit processing times by up to 70 percent 

Platform will trigger a fundamental shift in how construction plans are submitted, reviewed and approved

Dubai’s real estate market sees tenfold surge in $2.72 million+ home sales over past four years

In Q1 2025 alone, over 1,300 homes changed hands at this level, representing a 31 percent increase year-on-year

stc Group expands Saudi Arabia’s 5G network to over 9,500 sites, enhances connectivity during 1446 AH Hajj season

stc became the region's first operator to commercially launch services using low-band spectrum

Japan breaks world internet speed records with 1.02 million GB per second data transfer over 1,118 miles

Breakthrough establishes the groundwork for future data transmission demands in AI and IoT 

stc Group successfully supports over 1.6 million pilgrims with advanced digital solutions during 1446 Hajj season

In Mina, AI-based predictive analytics optimized load distribution, boosting data traffic by over 30 percent

e& UAE sets new connectivity world record, achieves 600Mbps Uplink speed on 5G network

600Mbps uplink speed unlocks a transformative wave of connectivity, fuelling uplink-intensive applications for businesses and individuals

stc group deploys AI-powered network to ensure seamless connectivity for Hajj pilgrims

The system positions Saudi as a global leader in digital readiness for large-scale events