business

Oil prices drop to $80.6 as Trump declares national energy emergency

West Texas Intermediate crude futures saw a 0.9 percent decline, reaching $76.69 per barrel

Sharjah Islamic Bank posts record profit of $313.1 million in 2024

Total profit from financing grew 20.6 percent, reaching AED3.7 billion in 2024

Saudi Real Estate Price Index Q4 2024: 3.6 percent annual growth driven by residential, commercial sectors 

Findings indicated a 5.0 percent rise in commercial property prices for the quarter

Saudi Q4 2024 Consumer Report: Over 200,000 inspections conducted to protect consumers 

The report outlined measures to combat commercial fraud, managing over 150,000 complaints

Riyadh to host Global Labor Market Conference featuring 45 labor ministers, 200 experts

The event will focus on international collaboration and youth employment

IMF projects 3.3 percent global growth in 2025, inflation to fall to 3.5 percent by 2026

Despite the stable global growth forecast, disparities among countries are widening

UAE, Russia sign double taxation avoidance draft agreement to boost economic cooperation

This agreement seeks to establish a stable and investment-friendly tax framework and eliminate tax barriers

ADSW 2025: UAE Ministry of Economy, Climate First join forces to boost UAE climate-tech ecosystem

Al Zeyoudi: This partnership highlights the UAE's commitment to innovation and sustainability in combating climate change

Etihad Rail introduces region’s first CO2 emission avoidance and reduction certificates

The certificates empower customers with data on the environmental benefits of switching from road to rail

Oil prices climb to $81.63, 0.4 percent surge driven by strong Chinese economic data

Crude oil WTI futures expiring in March rose 0.5 percent to $78.24 a barrel

Arab Health 2025 celebrates 50th anniversary by introducing four new conferences

The conferences will feature 250 speakers, over 110 sessions, and is expected to attract more than 3,400 delegates

Bahrain, Oman sign 25 cooperation agreements to strengthen bilateral relations

The Double Taxation Agreement aims to strengthen economic ties through improved tax collaboration