business

Abu Dhabi’s TAQA, EWEC propel UAE’s AI strategy and net zero goals with new energy projects

Both companies signed a 24-year PPA to develop the Al Dhafra OCGT project

Amazon joins competitive race for TikTok ownership ahead of U.S. ban deadline

Buying TikTok could help Amazon attract younger shoppers and merge social media with shopping

UAE tops ranking in Global Entrepreneurship Monitor 2025 Report for 4 years running

The country achieved the highest rank among high-income nations in 11 out of 13 key indicators

Dubai World Trade Centre: Your guide to April 2025’s must-attend events

Events highlight Dubai's crucial position as a global hub for knowledge exchange, innovation, and economic opportunity

Saudi Arabia’s new commercial register, trade names laws effective today

New laws seek to facilitate starting and operating a business in Saudi Arabia and reduce the financial burden on enterprises

Emirates enhances delivery with launch of Courier Express

The move aims to create a service that is fast, reliable, and flexible

EU approves $4.4 billion and $539.5 million loans for Egypt, Jordan

The Parliament approved macro-financial assistance to Egypt: 452 votes for, 182 against, 40 abstained

UAE gold prices jump AED1.75, global rates hit record $3,148.88

U.S. economic slowdown and rising inflation could drive gold prices to $3,300 in the next months

Oil prices dip to $74.43 as Trump tariffs loom, OPEC meeting ahead

Traders raised oil's risk premium, anticipating supply disruptions from Trump's actions and policies

Abu Dhabi’s GDP grows 3.8 percent to all-time high of $326.71 billion in 2024

The non-oil sector recorded a strong growth rate of 6.2 percent, marking its highest-ever annual contribution of 54.7 percent to total GDP

Technology could drastically cut risk and compliance costs for Middle Eastern banks

Regional financial institutions could significantly reduce their risk and compliance costs by more than 20 percent through strategic technology investments

Next50 initiative discusses promoting UAE companies’ access to investment opportunities in new economy sectors

Meeting represents a significant step in enabling UAE’s private sector to maximize the benefits of Investopia