business

Dubai 24-carat gold price today dips to AED400.50 as traders eye Fed’s upcoming decisions

Fed Governor Waller indicated the need for a policy rate reduction amid escalating economic risks

Oman classified as largely compliant with international standards on tax transparency 

High ranking reflects Oman’s dedication to principles of transparency and governance globally 

Dubai South unveils new multiuser logistics facilities at Logistics District

The facility provides unmatched access to the region’s most vital logistics corridors, including Al Maktoum International Airport, Jebel Ali Port, and the UAE’s national road network

Emirate rising: Ras Al Khaimah records 17.6 percent growth in new business licences in H1 2025

The sustained growth is the result of strategic vision and a suite of business-friendly policies and incentives designed to attract investment in Ras Al Khaimah

Binghatti launches first International Sales Boutique in the U.K. to attract global investors

With over AED50 billion in developments, Binghatti aims to facilitate international investment in the UAE

Bahrain Crown Prince, U.S. President announce $17 billion investment package in security and trade

Bahrain's relationship with the U.S. has thrived for over 130 years, promoting mutual support and growth

UAE and Türkiye sign MoUs to boost investment in tourism, agriculture, and industry

Formal ceremony for the agreements took place at the Presidential Palace in Ankara, showcasing unity

Oil prices rise with Brent crude up 0.1 percent above $68.50 on strong demand data

OPEC projects better global economic performance in the second half, improving oil demand expectations

Dubai 24-carat gold price today drops to AED402.75 as dollar strengthens, Trump weighs in on Powell

Investor sentiment shifts as Trump reassures he won’t dismiss Powell, impacting gold prices 

Gold prices: Three scenarios for yellow metal’s trajectory as prices soar to all-time highs in H1 2025

The yellow metal surged by 26 percent in U.S. dollar terms, achieving double-digit returns across currencies

OPEC highlights resilience of UAE non-oil economy amid strong PMI growth in June

The June PMI rose to 53.5, indicating ongoing expansion despite slight deceleration in momentum 

40 percent of adults in developing economies save in financial accounts as mobile tech drives 10 percent growth

Nearly 80 percent of adults worldwide now have a financial account, up from 50 percent in 2011