business

Saudi Tadawul launches Capital Management System to boost efficiency, transparency in IPOs

The system allows investors to subscribe directly through portfolios, eliminating the need for new accounts

UAE gold prices surge AED2.25 amid global decline, Russia-Ukraine peace talk hopes

Spot gold dropped 0.2 percent to $2,928.52, while U.S. gold futures fell 0.1 percent

Oil prices rise 0.3 percent to $76.04 amid supply disruptions, U.S.-Russia talks

West Texas Intermediate crude futures also experienced a 0.3 percent rise, reaching $72.03 per barrel

Oman’s GDP rose 1.9 percent in H1 2024, fueled by 3.6 percent non-oil growth: Central Bank

Despite global challenges, the Omani economy has demonstrated resilience in handling various economic shocks

Dubai Industrial City draws over $95 million F&B investments in 2024

This substantial investment underscores the burgeoning growth within the regional sector

Qatar real estate sector records 382 transactions valued $419.5 million in January

When compared to December 2024, the index of properties sold exhibited a notable increase of 35 percent

UAE and Ukraine explore investment opportunities following CEPA signing, issue joint statement

CEPA aims to add about $369 million to UAE's GDP and $874 million to Ukraine's GDP

U.K. Minister pledges to strengthen ties with Saudi Arabia as bilateral trade hits $21 billion

Over 60 U.K. companies have regional headquarters in Saudi Arabia, employing around 30,000 British workers

Riyadh Air reveals sonic brand ‘Sound of a New Era’ ahead of 2025 launch

This milestone in preparations aims to create a unique musical experience for travelers in 2025

UAE gold prices surge AED1.25 as global rates rise amid U.S. tariffs uncertainty, trade war fears

Spot gold was up 0.1 percent at $2,898.99, while U.S. gold futures gained 0.4 percent to $2,912.60

Oil prices drop 0.2 percent to $75.10 as OPEC+ considers output delays

Crude Oil WTI Futures set to expire in March increased by 0.7 percent to $71.17 per barrel

e& enterprise collaborates with PayPal for enhanced digital payments solutions

Agreement enables UAE businesses to seamlessly integrate PayPal, attracting a broader international customer base