Worldwide

Oil prices climb on hopes for Chinese stimulus with Brent at $72.68 and WTI at $76.08

Both oil contracts are on track to achieve a second consecutive weekly increase

Egypt receives first $1.03 billion EU funding installment

Discussions are currently in progress to approve a second tranche of $4.14 billion

UAE gold prices surge to AED319 as market responds to Fed’s outlook

Spot gold rose by 0.3 percent to $2,632.82 per ounce

Oil prices rise to $75.13 following 1.4 million barrel decline in U.S. inventories

Crude oil WTI futures for February delivery also surged 0.7 percent to $71.75 per barrel

WMO warns: 2024 could set new temperature records

Greenhouse gas concentrations continue to rise, reaching unprecedented levels and trapping even more heat for the future

16 major lunar events to watch for in 2025

The full moon will obscure Mars after sunset on both January 13 and 1

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

Oil prices rise to $74.51 following Chinese manufacturing data, but set for yearly decline

WTI futures for February delivery also saw a 0.7 percent increase, reaching $71.05 per barrel

Global population grows to 8.156 billion in 2024

The United Nations expects the global population to peak at around 10.3 billion in the 2080s

Oil prices dip 6 cents with Brent at $74.11 as investors watch for China and U.S. data

U.S. West Texas Intermediate crude saw an 8-cent decline, bringing it to $70.52 a barrel

4 key factors shaping the global economic landscape in 2025

Developing economies will be the most vulnerable to the challenges shaping the global economy in 2025

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

Japan Airlines system recovers after cyberattack delays flights

Japan Airlines noted that the "Airport Standby Service" for domestic flights departing today is suspended

Abu Dhabi Fund for Development boosts Maldives with $40 million loan for airport expansion

This loan follows a previous allocation of AED183.5 million ($50 million) granted in 2017 for the initial stages of the project

Crude oil prices rise 0.2 percent on new China stimulus, U.S. inventory declines

Brent oil futures increased by 0.2 percent, reaching $73.71 a barrel

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

BRICS expansion: Nine new partner countries set to join in January 2025

Belarus, Bolivia, Indonesia, Kazakhstan, Cuba, Malaysia, Thailand, Uganda, and Uzbekistan will join BRICS as partner countries

Crude oil prices edge up 0.4 percent amid supply concerns and demand focus

Brent oil futures for February rose by 0.4 percent to $72.91 a barrel

Japan GDP: Growth trends and economic forecasts for 2025

Approximately 70 percent of Japan’s GDP is derived from the services sector

China to build world’s largest artificial island airport

The new airport is expected to boost the local economy by facilitating increased trade and tourism

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

UAE enhances polar research capabilities with accession to Antarctic Treaty System

The Antarctic Treaty System aligns with the UAE’s vision for collective action against climate change