business

Distinguished entities recognized for excellence at the Economy Middle East Summit

Organizations across key sectors received recognition for their leadership in an evolving economic landscape

Shurooq’s premier hospitality destinations ranked among top 10 percent of hotels for 2025

Ranking is based on quality and excellence, featuring unique stays and world-class culinary offerings.

UAE-U.S. clean energy partnership aims to mobilize $100 billion by 2035

Abu Dhabi’s Masdar targets a clean energy portfolio of 25GW in the U.S. over the next decade 

Saudi Arabia’s wholesale inflation hits 6-month high at 2.0 percent in April 2025

Agricultural and fishery product costs surged, leading to the acceleration in wholesale price inflation

Trump’s UAE visit may unveil $100 billion AI deal, create 20,000 new jobs

Cooperation will expand in key areas such as technology, energy, and innovation between the nations

UAE-U.S. partnership marks half century with $32.8 billion bilateral non-oil trade milestone

The U.S. is the UAE’s 6th largest trade partner, accounting for 4 percent of non-oil trade

U.S. President departs Riyadh following a ‘historic’ visit

Key discussions centered on defense, energy, technology, and space collaborations between the nations

Abu Dhabi, Saudi Crown Princes discuss bilateral cooperation at GCC-U.S. Summit

Meeting highlighted strong bonds between UAE and Saudi Arabia

GCC-U.S. Summit: Saudi Crown Prince highlights $120 billion trade volume with U.S.

The Middle East is experiencing a historic transformation under Saudi leadership, said U.S. President Trump

GCC-U.S. Summit kicks off in Riyadh amid rising economic ties

Summit coincides with President Trump’s visit, focusing on economic, trade, and security issues

Qatari Amir arrives in Riyadh for GCC-U.S. Summit

The summit aims to enhance Gulf cooperation and deepen the strategic U.S. partnership

Abu Dhabi’s EMSTEEL delivers $599 million in revenue for Q1 2025

Profit before tax was $25.6 million, with net profit after tax amounting to $23.4 million