Economics

U.S. economy forecast raised to 0.5 percent this year, 1.6 percent in 2026: Barclays

The bank noted that the U.S. eonomy showed resilience as recession fears subsided

Saudi Arabia’s inflation reaches 2.3 percent in April 2025, among lowest in G20 nations

GASTAT measures prices through a fixed basket of 490 goods and services paid by consumers

Abu Dhabi’s Masdar achieves $6.6 billion oversubscription in latest green bond issuance

The bond was issued in two equal tranches of $500 million with competitive coupon rates

Nahyan Bin Mubarak opens Economy Middle East Summit 2025, gathers public and private sectors to drive sustainable growth

H.E. Sheikh Al Nahyan: “By working together, we can ensure that the Middle East is not only resilient in a changing world — but energized with new possibilities”

UAE-U.S. clean energy partnership aims to mobilize $100 billion by 2035

Abu Dhabi’s Masdar targets a clean energy portfolio of 25GW in the U.S. over the next decade 

Saudi Arabia’s wholesale inflation hits 6-month high at 2.0 percent in April 2025

Agricultural and fishery product costs surged, leading to the acceleration in wholesale price inflation

Trump’s UAE visit may unveil $100 billion AI deal, create 20,000 new jobs

Cooperation will expand in key areas such as technology, energy, and innovation between the nations

U.S. President departs Riyadh following a ‘historic’ visit

Key discussions centered on defense, energy, technology, and space collaborations between the nations

GCC-U.S. Summit: Saudi Crown Prince highlights $120 billion trade volume with U.S.

The Middle East is experiencing a historic transformation under Saudi leadership, said U.S. President Trump

GCC-U.S. Summit kicks off in Riyadh amid rising economic ties

Summit coincides with President Trump’s visit, focusing on economic, trade, and security issues

Qatari Amir arrives in Riyadh for GCC-U.S. Summit

The summit aims to enhance Gulf cooperation and deepen the strategic U.S. partnership

Abu Dhabi’s EMSTEEL delivers $599 million in revenue for Q1 2025

Profit before tax was $25.6 million, with net profit after tax amounting to $23.4 million