business

J.P. Morgan cautions on 40 percent U.S. recession risk amid policy uncertainty

Kasman: “Where we stand now is with a heightened concern about the U.S. economy" 

Nasdaq Dubai welcomes $1 billion sukuk listing by Government of Ras Al Khaimah

The issuance attracted strong investor interest, with orders exceeding $4.4 billion, reflecting market confidence

Ripple secures Dubai license to offer crypto payments in UAE

The approval enables Ripple’s compliance-first global payments product to be accessible for businesses in the UAE

Saudi-backed Scopely to acquire Pokémon Go maker for $3.5 billion

In 2023, Scopely was acquired by Savvy Games Group, a subsidiary of Saudi Arabia’s PIF, for $4.9 billion

Canada to impose $20.7 billion retaliatory tariffs on U.S.

Canada stands as the largest foreign supplier of steel and aluminum to the U.S.

CBUAE: Gross banks’ assets rise 2.4 percent to $1.24 billion at end of December 2024

CBUAE reported M1 money supply rose 2.3 percent to $257.7 billion by December 2024

UAE gold prices up AED3, global rates rise on tariff uncertainty

Trump's tariffs may fuel inflation, pushing safe-haven gold to a record high of $2,956.15

Oil prices steady after rising above $70; recession and oversupply fears linger

Crude prices rose from three-year lows, aided by improving sentiment and a weaker dollar