business

U.S. economy adds 228,000 jobs in March amid looming trade war escalation

Job growth rebounded significantly from last month’s revised total of 117,000 new jobs added 

IMF urges U.S. to collaborate on trade as tariffs pose economic risks

Georgieva stated the IMF will assess tariffs during meetings from April 21-26 

U.S. trade deficit shrinks by 6.1 percent to $122.7 billion amid tariff changes

Imports held steady at $401.1 billion in February after a sharp increase in the prior month

U.S. tariffs could constrict global trade by 1 percent in 2025, WTO warns 

Trump recently announced a 10 percent import tax and higher tariffs on trade surplus nations.

Global AI market to reach $4.8 trillion by 2033: 40 percent of jobs at risk

The report emphasized the need for global AI governance, with 118 countries absent from discussions

U.K. targets U.S. imports: List of products facing tariffs

The published list features roughly 8,000 items that could be affected by future retaliatory duties

UAE non-oil business sector growth declines in March – PMI

UAE firms remain optimistic about future growth, supported by strong pipelines and national infrastructure development

Sheikh Hamdan launches MyDubai Communities: Your gateway to Dubai’s activities

Platform connects individuals of all ages, nationalities, and cultures within Dubai's 3.85 million residents

Egypt’s construction sector thriving despite PMI mild contraction in March

The Purchasing Managers' Index fell to 49.2 from 50.1 in February 

Saudi travel surplus hits record $13.3 billion in 2024, marking 7.8 percent yearly growth

Surge was fueled by a 13.8 percent increase in inbound visitor spending compared to 2023 

Dubai Land Department, Ajman Free Zones Authority join forces to simplify real estate ownership

Initiative aims to boost transparency and investment, backed by strong legal and administrative protocols

U.S. tariff rate soars to 22 percent from just 2.5 percent, highest since 1910: Fitch

Tariffs are expected to generate approximately $700 billion in annual revenue