Skip to main content Skip to footer ![Oil prices decline amid rising U.S. inventories, ongoing Middle East tensions](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/10/Oil-prices-1.jpg/w=1024,h=683)
Brent crude futures for December fell 0.4 percent, settling at $75.75 per barre
![Finance House to invest $81.67 million in Abu Dhabi capital market](https://economymiddleeast.com/wp-content/uploads/2024/10/ADX-Finance-House-1-1024x682.jpg)
This collaboration seeks to enhance market liquidity and financial stability, aligning with the ADX’s vision
![Sharjah Chamber hosts Japanese delegation, discusses enhancing economic cooperation](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/10/Sharjah-Chamber-Japanese-delegation-1.jpeg/w=1024,h=682)
The Chamber seeks to boost knowledge exchange and collaboration between investors from both nations
![Abu Dhabi, Dubai crowned top cities for expats’ ease of entry globally](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/10/Abu-Dhabi-Dubai.jpg/w=1024,h=683)
Dubai, Abu Dhabi, Riyadh, and Dammam demonstrated adaptability in the face of global economic and geopolitical challenges
![RAKEZ strengthens ties with Canada as bilateral trade exceeds $2 billion](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/10/RAKEZ-Canada.jpg/w=1024,h=683)
A key highlight of a recent roadshow was an exclusive event in collaboration with the Canada India Foundation in Toronto
![Exclusive branded residences coming to Abu Dhabi through Aldar and Mandarin Oriental partnership](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/10/Aldar-Mandarin-1-1.jpeg/w=1024,h=682)
228 premium homes launching late 2024
![Mohammed Bin Rashid Aerospace Hub, IER MRO Industries partner to open MRO and engine test facility at Dubai South](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/10/IER-Facility-1-1-1.jpg/w=1024,h=682)
The new 880,000-square-foot facility will offer gas turbine engine component manufacturing, repairs, and overhauls
![Oil prices slide amid Middle East tensions, Chinese demand concerns](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/04/Oil-prices.jpeg/w=1024,h=683)
Brent crude futures for December delivery fell by 19 cents, or 0.3 percent, settling at $74.10 a barrel
![Central Bank of UAE enhances cross-border open finance interoperability through ‘Project Aperta’](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/10/Central-Bank-UAE-Aperta-1.jpg/w=1024,h=682)
The initial focus of Project Aperta will be on trade finance for SMEs
![Sharjah Islamic Bank profit before tax up 29 percent to $270.1 million for nine months ending September](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/10/Sharjah-Islamic-Bank-profit.jpg/w=1024,h=683)
The bank is diversifying its financing portfolio, with total customer financing at AED36.6 billion
![Emirates optimizes commercial portfolios to position for global growth](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/10/Emirates-commercial-portfolios.jpg/w=1024,h=683)
Emirates recently announced new appointments in its commercial team for key markets in the Middle East and Africa
![Etihad Airways enhances European connectivity: Daily services to Düsseldorf and Copenhagen start in 2025](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/10/Etihad-Airways-Copenhagen-1.jpg/w=1024,h=682)
The Düsseldorf route will experience a significant boost as it transitions from its current schedule to daily service