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Tawazun Council and ADNEC Group sign MoU to boost UAE’s defense innovation

The move aims to deepen institutional cooperation and create a unified, strategic framework for promoting the growth and global competitiveness of the UAE’s defense sector

China cuts benchmark lending rates for first time since October to stimulate economy

The Central Bank lowered one-year loan prime rate to 3.0 percent amid economic challenges 

Crude oil prices hold above $65.4 amid strong Asian demand, U.S. economic uncertainties

Moody's downgrade of U.S. credit rating raises concerns about economic outlook and oil prices

Abu Dhabi launches multibillion-dirham automotive program to drive regional mobility leadership

The initiative is projected to contribute AED100 billion ($27.23 billion) to Abu Dhabi’s GDP and generate 7,000 highly-skilled jobs by 2045

Make it in the Emirates 2025 set to welcome 720-plus exhibitors in Abu Dhabi

This year’s edition will be its largest to date — expanding to over 68,000 square meters, a more than 300 percent increase in space compared to last year

Crude oil prices hold steady at $65.36 amid trade tensions, economic data from China

Both contracts saw a rise of over 1 percent after the U.S. and China paused tariffs

Dubai 24-carat gold price today rises as soft dollar boosts safe-haven demand

Spot gold rose 0.7 percent to $3,223.55 an ounce amid global market fluctuations

U.S. economy forecast raised to 0.5 percent this year, 1.6 percent in 2026: Barclays

The bank noted that the U.S. eonomy showed resilience as recession fears subsided

Make it in The Emirates 2025: Creating the future today

The event offers international investors and industrial leaders a unique opportunity to explore the UAE’s competitive edge

Oil prices set for second weekly rise as trade tensions ease — Brent gains 0.02 percent

Both Brent and WTI were up 1 percent so far this week after a surge earlier in the week

Global oil demand forecasts slashed as tariffs spook market

The International Energy Agency (IEA) expects global oil stocks to rise by over 700,000 b/d across the year

Gulf sovereign wealth funds and the Santiago Principles: Navigating a new era

Funds from the region have largely operated with commercial considerations, emphasizing governance, independence, and long-term investment strategies

Combating financial fraud with AI

Financial institutions around the world need to strengthen defenses and preempt evolving threats

Abu Dhabi rising: The growing international influence of the ‘Capital of Capital’

We ask Arvind Ramamurthy, chief of market development at ADGM, for his insights on the future of the leading international financial center

Global economy at a crossroads: Trade tariffs could impact future growth

This abrupt shift has created what the IMF terms “epistemic uncertainty” – a fundamental unpredictability about the rules governing global trade

Oil prices fall over $1 on oversupply risks as U.S. stockpiles build

U.S. crude stockpiles rose by 3.5 million barrels to 441.8 million barrels in the week ended May 9

Crude oil prices dip to $66.24, near two-week highs amid U.S.-China tariff optimism

Expectations of a significant increase in U.S. oil inventories tempered optimism in the market for now

Dubai gold price today falls AED3.25 amid easing trade tensions

Positive developments in U.S. trade policy are diminishing the appeal of gold in the short-term

Goldman Sachs cuts U.S. recession forecast to 35 percent, raises 2025 GDP growth to 1 percent

The revision follows a landmark agreement between the U.S. and China will lower tariffs for 90 days

Abu Dhabi’s Presight launches AI office in Kazakhstan during Crown Prince’s visit

Presight will establish an AI Command and Control Centre at Alem.AI for smart infrastructure in Astana

Crude oil prices drop to $64.83 amid supply concerns, U.S.-China trade deal

U.S. and China cut tariffs temporarily, boosting markets but leaving uncertainties unresolved.

Dubai gold prices rise AED6.25, global rates hover near over one-week low

U.S. and China announced tariff reductions, boosting global shares and altering market dynamics

Emirates Global Aluminium joins Make it in the Emirates 2025 as sector partner

EGA as contributed to the creation of more than 1,000 new jobs, fostered local entrepreneurship, and identified potential new UAE-based suppliers

Emirates Airline sets record with 99.9 percent baggage accuracy in 2024 at Dubai Airport

The airline has invested millions into bespoke software systems that provide real-time visibility and oversight of baggage journeys