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Microsoft's remarkable earnings report highlighted substantial returns on its investments in AI technologies
Binghatti Holding's total sales the first half of 2025 reached AED 8.8 billion, while revenue surged 189 percent YoY to AED 6.3 billion
S&P 500 futures decreased while traders processed updated tariff rates and awaited jobs report release
Trump's new tariffs on U.S. trading partners are scheduled to take effect on August 1
Strategic investments in AI and infrastructure are key to Meta’s future revenue growth
Despite the tariffs, the U.S. continues to enjoy a trade surplus with Brazil
Jewelry consumption across the Middle East region declined 11 percent
The new tariff aligns South Korea's exports with those of Japan and the European Union.
The report attributes the decline to key mitigation strategies increasingly adopted by regional businesses, including AI and machine learning-driven insights
U.S. crude oil inventories unexpectedly rose by 7.7 million barrels in the week ending July 25, reaching 426.7 million barrels
Energy imports from Arab nations account for 38 percent of China's needs
Bilateral goods trade between the two nations reached approximately $129 billion in 2024
ECB estimates suggest that a 10 percent rise in Chinese imports would create an oversupply of 1.3 percent of total goods consumption
Investor confidence holds steady despite eurozone GDP slowdown
From extended sales events to fast delivery and digital memberships, Stefano Martinelli, vice president of Amazon MENA, explains how Amazon is adapting to more intentional, value-driven shopping behaviors in the region
Investors navigate uncertainties with the Fed's potential interest rate cuts looming large this week
Business travel spending is expected to reach $2.02 trillion by 2029, reflecting ongoing corporate demand
Major tech players Microsoft and Meta are set to report their earnings after the bell
Trump plans secondary tariffs of 100 percent unless Russia resolves its conflict within 10 days
Middle East and North African economies are expected to grow 3.2 percent in 2025 and 3.4 percent in 2026
Country’s AI sector could add 0.2 to 0.3 percentage points to GDP growth, equating to $930 billion
Saudi Arabia and the UAE’s strategic focus on AI, education, infrastructure, and their ability to attract top talent and investments are setting the stage for a new era of growth in the region
S&P 500 and Nasdaq hit new heights as investors brace for key economic data
The U.S.-EU agreement imposed a 15 percent tariff, averting a major trade war impact
