business

Dubai real estate hits record high in Q2 2025 with AED 184.3 billion in sales transactions

Performance reinforces Dubai’s reputation as one of the world’s most attractive and resilient property markets

Abu Dhabi’s Crown Prince to lead UAE delegation at 17th BRICS Summit on July 6-7

UAE joined BRICS in August 2023, enhancing its foreign and economic policy landscape significantly 

Trump’s tariff delay sparks market reactions, hints at trade clarity: Saxo Bank

A 90-day delay on tariffs provides time for negotiations, aiming for clarity in trade deals

Financial sector sees robust growth in Bahrain as 16 new institutions approved, 52 licenses in review

The unified regulatory model streamlines compliance and enhances oversight for licensed institutions 

Saudi Arabia’s e-commerce sales hit $18.5 billion in Q1 2025, up 56 percent YoY

The number of transactions via Mada cards exceeded 370 million during the quarter 

GCC-listed companies attract $4.2 billion in foreign inflows in Q2 2025, highest since Q4 2022

Saudi Arabia led June inflows with $971 million, followed by the UAE, Kuwait, and Qatar 

Dubai 24-carat gold price rises today to AED402.75 amid uncertainty over Trump’s tariff plans

President Trump announced tariffs ranging from 20 percent to 30 percent, bypassing lengthy negotiations

DIFC, DLD launch Dubai PropTech Hub to generate 3,000 jobs and attract $300 million in investment

The Dubai PropTech Hub will support more than 200 start-ups and scale-ups in the region

Crude oil prices steady above $68.55 amid Trump’s tariff announcements, job market resilience

Trump's letters detail tariff rates ranging from 20 percent to 30 percent for 10 countries simultaneously

Travel and tourism industry to reach 30 billion tourist trips by 2034, adding $16 trillion to global GDP: WEF

India and China will be responsible for more than 25 percent of all outbound travel by 2030

Abu Dhabi’s GDP grows 3.4 percent to $79.2 billion in Q1 2025, driven by 56.2 percent from non-oil sector

Manufacturing sector led non-oil economy with over $7.75 billion value added during the quarter

Kuwait’s non-oil PMI sees record employment growth amid increasing new orders

The S&P Global PMI fell to 53.1, indicating solid improvement in Kuwait's non-oil sector