business

Oil prices climb to $69.92 amid losses; OPEC report and tariff risks in focus

Supply concerns in Russia boosted prices after Ukraine targeted a major oil refinery in Moscow

Abu Dhabi Islamic Bank shareholders approve $825 million cash dividend, 50 percent of 2024 net profit

The AGM highlighted ADIB's strong business momentum and the exceptional 2024 performance

Empowering women entrepreneurs in Abu Dhabi: Ra’idah initiative launched

The program will equip entrepreneurs with vital skills in digital and social media marketing for growth

ISEZA: UAE’s first dedicated sports and entertainment hub to support $2.5 billion annual economic impact

The Zone will offer a unified platform for licensing in sports, events, media, and emerging technologies

UAE gold prices fall AED1.75, global rates see uptick as dollar weakens, safe-haven demand rises

The dollar index neared a four-month low, making bullion cheaper for global buyers

Oil prices drop to $68.77, nearing three-year low on tariff fears

West Texas Intermediate crude futures fell by 0.8 percent to $65.15 a barrel

Alpha Dhabi, Mubadala’s credit joint venture achieves $1 billion portfolio milestone

This accomplishment is vital for the partnership's goal of deploying $2.5 billion by 2028

GCC inflation reaches 1.7 percent by end of October 2024, reports GCC-Stat

Annual inflation is driven by housing prices up 6.4 percent, goods and services 3 percent, hotels 1.7 percent

Saudi Arabia’s GDP up 1.3 percent in 2024, driven by non-oil sector growth

The growth stemmed from a 4.3 percent rise in non-oil and a 2.6 percent increase in government activities.

Expand North Star 2025 global promotional campaign kicks off in U.S.

As part of the campaign, a startup pitch competition featured 20 innovative companies

UAE gold prices up AED0.25, global rates rise on dollar weakness

Concerns over a potential global trade war shifted investors to safe-haven assets, raising gold prices

Oil prices fall to $70.10 on weak Chinese inflation, Trump tariffs

West Texas Intermediate crude futures saw a similar decline of 0.4 percent to $66.48 a barrel