Worldwide

UAE drives regional economic growth: Insights from LSE Deputy CEO

The country has successfully completed 37 bond issues amounting to a total of $18.51 billion 

UAE President engages with world leaders on trade and development at BRICS Summit

The summit, which runs until October 24, is themed 'Strengthening Multilateralism for Equitable Global Development and Security,’

Oil prices rise amid Middle East tensions and U.S. election uncertainty, recovering previous losses

Brent crude futures increased by 95 cents, or 1.27 percent, reaching $75.91

UAE, Rajasthan sign investment agreement to pursue 60 GW renewable energy project in India

Both nations have set ambitious clean energy targets in recent years

flydubai announces new service from Dubai to Bhairahawa in Nepal starting November 10

This service will depart daily from Terminal 2 at Dubai International (DXB), providing travelers with a convenient route to a new entry point into Nepal

Oil prices decline amid rising U.S. inventories, ongoing Middle East tensions

Brent crude futures for December fell 0.4 percent, settling at $75.75 per barre

Global oil demand to reach over 100 million barrels per day by 2050: Saudi Aramco

CEO noted that Asia's energy transition is lagging, marked by less equity and greater complexity than expected 

Sharjah Chamber hosts Japanese delegation, discusses enhancing economic cooperation

The Chamber seeks to boost knowledge exchange and collaboration between investors from both nations

Saudi Aramco CEO advocates for revised energy transition plan addressing Asia’s needs

He noted that Asia and the Global South are often overlooked in transition plans, impacting the world 

Oil prices slide amid Middle East tensions, Chinese demand concerns

Brent crude futures for December delivery fell by 19 cents, or 0.3 percent, settling at $74.10 a barrel

Oil prices recover marginally following 7 percent weekly drop on rising Mideast tensions

Data revealed that China's economy grew at the slowest pace since early 2023 in the third quarter, fueling additional demand concerns

Gitex Global 2024: Dubai Internet City, India’s Nasscom unite to ignite global innovation, cultivate cross-border talent

The collaboration aims to empower the next generation of entrepreneurs to build on the UAE and India's success

Etihad Airways enhances European connectivity: Daily services to Düsseldorf and Copenhagen start in 2025

The Düsseldorf route will experience a significant boost as it transitions from its current schedule to daily service

Lagarde signals shift in ECB strategy with third rate cut in 2024

This marks the first consecutive rate reduction in 13 years

Oil prices steady amid mixed economic signals from China, strong U.S. retail sales data

Brent crude futures had risen by 8 cents, or 0.1 percent, to $74.53 a barrel

Gitex Global 2024: e& UAE, Airbus partner to enhance enterprise communication solutions

The partnership seeks to deliver state-of-the-art communication solutions to the enterprise market

Oil prices modestly recover amid unexpected U.S. inventory draw, Middle East tensions

Brent crude futures for December delivery increased by 0.6 percent to $74.67 per barrel

ADQ, Bank Audi sign definitive agreement to acquire 96 percent of Odea Bank

This move would accelerate Odeabank’s growth and drive tech advancements in financial services

Gitex Global 2024: 7X adds EtihadWE to whitelisted companies on ‘Wayn’ platform

The 'Wayn' platform ensures secure messaging for EtihadWE’s clients while protecting their data

Huawei Cloud summit UAE 2024: Leap into Intelligence with a Better Cloud across Middle East

The summit underscores Huawei Cloud’s commitment to boosting digital economy in the region

AWS and e& sign $1 billion agreement to enhance cloud solutions, support AI for digital transformation

The focus will be on cloud services like storage, computing, networking, cybersecurity, and AI/ML advancements

Oil prices decline as demand forecast weakens, supply concerns subside

Brent crude futures fell by $2.27 to $75.19 per barrel

First regional centre of excellence for food security coming to UAE

This development is crucial for fostering innovation and strategic reform in food systems throughout the region