business

Oman’s GDP rose 1.9 percent in H1 2024, fueled by 3.6 percent non-oil growth: Central Bank

Despite global challenges, the Omani economy has demonstrated resilience in handling various economic shocks

Dubai Industrial City draws over $95 million F&B investments in 2024

This substantial investment underscores the burgeoning growth within the regional sector

Qatar real estate sector records 382 transactions valued $419.5 million in January

When compared to December 2024, the index of properties sold exhibited a notable increase of 35 percent

UAE and Ukraine explore investment opportunities following CEPA signing, issue joint statement

CEPA aims to add about $369 million to UAE's GDP and $874 million to Ukraine's GDP

U.K. Minister pledges to strengthen ties with Saudi Arabia as bilateral trade hits $21 billion

Over 60 U.K. companies have regional headquarters in Saudi Arabia, employing around 30,000 British workers

Riyadh Air reveals sonic brand ‘Sound of a New Era’ ahead of 2025 launch

This milestone in preparations aims to create a unique musical experience for travelers in 2025

UAE gold prices surge AED1.25 as global rates rise amid U.S. tariffs uncertainty, trade war fears

Spot gold was up 0.1 percent at $2,898.99, while U.S. gold futures gained 0.4 percent to $2,912.60

Oil prices drop 0.2 percent to $75.10 as OPEC+ considers output delays

Crude Oil WTI Futures set to expire in March increased by 0.7 percent to $71.17 per barrel

e& enterprise collaborates with PayPal for enhanced digital payments solutions

Agreement enables UAE businesses to seamlessly integrate PayPal, attracting a broader international customer base

Abu Dhabi seeks to boost investments with China as bilateral trade projected to reach $200 billion by 2030

The emirate hosts many of the 6,000 Chinese companies in vital sectors like technology and energy

‘Make it in the Emirates’ forum attracts $5.4 billion in investments during 2024

SMEs benefitted from 68 percent of total financing from Emirates Development Bank and partner banks

Bank of Sharjah acts as mandated lead arranger, bookrunner in $155 million loan for ‘Daewoo Engineering’

This three-year facility, arranged with regional banks, supports Daewoo’s global working capital needs