business

UAE, Sweden to strengthen bilateral ties through cooperation in AI and renewable energy

Ambassador Floren praised the UAE’s open policy and its success in establishing strategic partnerships globally

Kuwait, Japan elevate bilateral relations to comprehensive strategic partnership level

Both countries agreed to enhance cooperation across multiple sectors

ADFD joins UAE delegation to Lebanon focused on strategic partnerships, development

Delegation assessed potential projects and engages in knowledge exchange for Lebanon's future growth 

Saudi Arabia, China strengthen financial cooperation in tax policy and capital markets

Discussions aimed at strengthening bilateral ties and improving international financial institutions

Dubai Gold and Commodities Exchange joins Arab Federation of Capital Markets committee

By joining the committee, DGCX aims to boost trading volumes and improve market liquidity

AI job disruption and trade tensions raise global economic uncertainty, WEF warns

WEF’s economic outlook revealed 47 percent of economists anticipate job losses due to AI transformation

Oman public revenues reach $6.85 billion by end of Q1 2025 

Net oil revenue totaled OMR1,468 million at the end of Q1 2025, marking a 13 percent drop 

Ras Al Khaimah’s GDP to hit 4.3 percent in 2027-2028 on strong tourism, real estate: S&P

The emirate's economic growth will weaken modestly to average 3.3 percent in 2025-2026

UAE President, Lebanese PM discuss bilateral relations, explore new avenues for cooperation

The meeting at Qasr Al Bahr addresses regional stability and security for the benefit of both nations

Crude oil prices rise above $63.85 amid supply risks from Venezuela, OPEC+ expectations

Investors weigh supply risks after U.S. bars Chevron from exporting Venezuelan crude oil under new authorization

Dubai 24-carat gold price today rises AED1.5 as market awaits key economic data

Spot gold was up 0.3 percent at $3,308.99 an ounce as of 0237 GMT, recovering slightly

GCC, Malaysia to strengthen trade relations through new agreement

The signing marks the start of negotiations covering various sectors of mutual interest