business

GCC foreign inflows fall under $1 billion in January 2025 amid heightened investor selectivity: Report

Saudi topped net inflows at $694 million, followed by Kuwait at $133 million, UAE $115 million

Egypt’s non-oil private sector records best performance in 4 years with January PMI at 50.7

January's figure, highest since November 2020, rose due to improved market conditions and lower costs

Nissan shares plummet over 4 percent as $60 billion merger talks with Honda might be called off

Honda shares closed 8.2 percent higher, reflecting investor relief over the potential deal cancellation

‘The future is here’: Record-breaking Dubai Airshow returns this November with major aerospace advancements

The 19th rebranded edition will be held under the patronage of His Highness Sheikh Mohammed Bin Rashid Al Maktoum

Abu Dhabi to host AI Everything Global in 2026 as it aims to become first fully AI-powered government

Over 500 AI officers and tech executives will join 150 top investors managing $70 billion

UAE gold prices climb AED2.75, global rates hit record high as investors seek safe-haven amid tariff conflict

Prices rose after China imposed tariffs on U.S. imports in response to new American duties

Oil prices fall 0.1 percent to $76.13 amid U.S.-China tariff tensions

Crude oil WTI futures for March delivery rose by 0.1 percent, reaching $72.44 a barrel

Oman’s Central Bank issues treasury bills worth $59.7 million

The value of the allotted Treasury bills amounted to $1.55 million, for a maturity period of 28 days

Saudi Fund for Development, Pakistan finalize $1.2 billion financing agreement for oil derivatives

Saudi Arabia's SFD has provided $6.7 billion in oil derivatives support to Pakistan since 2019

What Trump’s sovereign wealth fund means for TikTok

Trump proposed a sovereign wealth fund to address American security and user privacy concerns

Saudi Arabia’s non-oil economy records best performance since 2014 in January, says PMI

Saudi Arabia witnessed a rise in export sales, which was another factor behind the sharp increase in total new orders

OPEC+ sticks to oil production plan, ditches U.S. EIA from oversight sources

EIA was removed due to inadequate communication, not because of political motivations or pressures, OPEC said