business

Crude oil prices surge above $76.6 on worries over Strait of Hormuz disruptions

Fed discussions this week may lead to a 25 basis point rate cut sooner than expected

Oil-funded growth or true diversification? Key metrics to watch in the GCC

Gulf economies show strong non-oil growth in 2024, but key indicators highlight the depth and sustainability of diversification efforts

UAE launches Summer Hospitality Camp 2025 to train youth for tourism careers

The initiative is a key pillar in the UAE’s broader strategy to build a skilled, future-ready workforce aligned with the UAE Tourism Strategy 2031

GCC dominates Dubai Chamber exports in Q1 2025 with AED 40.5 billion in trade

Markets across the Middle East (non-GCC) came in second, with exports and re-exports totaling AED 25 billion

Emirati SMEs secure AED1.29 billion in Dubai government contracts through supplier program

The Dubai Government continues to empower entrepreneurs by creating a supportive environment and implementing legislative frameworks to leverage growth

UAE President, Dubai Ruler meet to discuss continued economic growth, national progress

The Highnesses highlighted positive indicators of the UAE economy supporting the country’s prosperity

Crude oil prices climb above $73.6 amid Fed anticipation, Middle East uncertainty

Oil was pressured by mixed economic readings from China, signaling inconsistent growth in its economy

Dubai 24-carat gold price today remains above AED406 as Fed meeting looms, Middle East tensions rise

The Fed is projected to maintain rates, but focus will be on Chair Powell's future cuts outlook

UAE offers relief to small firms with new GPSSA pension compliance initiative

The targeted waiver is part of GPSSA’s broader efforts to support the UAE’s economic diversification and empower small businesses

DoH – Abu Dhabi launches strategic U.S. tour to expand healthcare collaboration

The delegation will visit key innovation hubs in Boston, Washington, D.C., and Philadelphia, coinciding with Abu Dhabi’s participation in the BIO International Convention 2025

Saudi Arabia’s annual inflation rate holds steady at 2.2 percent in May 2025

Saudi Arabia ranks among the lowest inflation rates in G20 countries

UAE strengthens position as global leader in Islamic finance and halal industry

The UAE aims to increase halal exports to AED 315 billion by 2031 under the new national plan