business

Crude oil prices climb 2 cents to $67.15 as OPEC+ supply decision looms

Saudi Arabia's shipments increased by 450,000 bpd in June, marking the highest levels in over a year

Economic recessions: What are the causes, consequences, and recovery strategies?

Rising tariffs and inflation pose significant risks to economic stability in the coming years

Qatar Central Bank launches $1.4 billion in government bonds, sukuk with bank bids over $2.9 billion

Qatar's first green bond issuance launched in May, enhancing sustainability financing in the region 

Average inflation in GCC countries declines to 1.7 percent reflecting effective economic policies

Economic policies effectively managed inflationary pressures, contributing to stability in the region 

Qatar reports $49.85 billion GDP growth driven by non-hydrocarbon activities in Q1 2025

Non-hydrocarbon economy contributed 63.6 percent to GDP, showcasing strong diversification efforts

Saudi Arabia’s PIF reports 18 percent asset growth reaching $1.51 trillion by 2024

The Fund announced 25 percent revenue increase driven by major portfolio companies

Dubai 24-carat gold price rises to AED401.06 as dollar declines, global prices up 0.14 percent

Upcoming week includes ISM Manufacturing PMI and Nonfarm Payrolls report for June

Crude oil prices dip over 0.2 percent, settle above $66.45 amid OPEC+ and tariff concerns

OPEC+ plans to increase output by 411,000 barrels per day starting in August

How UAE is balancing oil production growth with renewable energy ambitions

Key investments of AED150 to AED200 billion target a significant increase in renewable energy capacity 

MasterMind Awards 2025: Dubai hosts prestigious celebration of leadership and innovation

The event celebrated excellence across industries, reaffirming the UAE’s dedication to innovation, leadership empowerment, and global progress

Amazon UAE and 7X join forces to accelerate sustainable last-mile delivery

The initiative is designed to address the rising demand for rapid access to everyday essentials such as groceries, personal care items, electronics, and household goods

MENA business travel to grow 6.1 percent in 2025, market to hit $270.8 billion by 2030

April and May were the busiest months in the first half of the year, largely due to the return of business travel after Ramadan