business

Crude oil prices drop to $64.83 amid supply concerns, U.S.-China trade deal

U.S. and China cut tariffs temporarily, boosting markets but leaving uncertainties unresolved.

Dubai gold prices rise AED6.25, global rates hover near over one-week low

U.S. and China announced tariff reductions, boosting global shares and altering market dynamics

Dubai climbs to 4th globally, leads GCC, Arab World & Asia in 2025 smart city index

Eight-place jump reflects commitment to digital transformation, innovation, and enhanced quality of life for all residents

UAE to issue $8 billion of local currency debt to support domestic capital market growth: S&P

The UAE's well-capitalized and liquid banks stand ready to provide funding if capital markets become unsupportive, ensuring stability

Dubai’s tech startup scene soars 135 percent, 127 startups supported in Q1 2025

Chamber events supported business, empowered startups, nurtured talent, and built partnerships

OMNIYAT debuts $500 million green sukuk on Nasdaq Dubai

Successful launch highlights conviction that profitability and a positive environmental impact are mutually reinforcing

ADIO, Japan’s ITOCHU join hands to scale investments into Abu Dhabi’s high-growth economy

Collaboration will identify opportunities for co-investment and joint ventures with Abu Dhabi investors

ADNOC L&S reports $1.181 billion Q1 2025 revenue — 41 percent surge led by logistics and shipping gains

EBITDA rose by 20 percent to $343.6 million, driven by robust performance across all business segments

ADIO, Mizuho partner to fast-track Japanese investment into Abu Dhabi’s economy

ADIO and Mizuho will jointly promote Abu Dhabi as a strategic investment hub for Japanese businesses and startups

U.S. and China ease trade tensions with 90-day deal, tariffs cut by over 100 percent

Tariff news boosted dollar and markets, alleviating economic downturn concerns

Trump’s Middle East trip to strengthen economic, strategic bonds with Gulf allies

Secretary Rubio will join the President during his trip to the Middle East to strengthen ties between the U.S.