Economics

Oil prices fall to $70.10 on weak Chinese inflation, Trump tariffs

West Texas Intermediate crude futures saw a similar decline of 0.4 percent to $66.48 a barrel

Sheikh Khaled attends first Majlis Mohamed bin Zayed Ramadan session, titled ‘The Future of Finance in the Age of Intelligence’

The session examined the ways in which artificial intelligence is revolutionizing the banking landscape

Fifth edition of Investopia to take place in Abu Dhabi from March 31 to April 2, 2026

H.E. Al Marri: The 4th Investopia edition successfully opened new global investment opportunities in emerging sectors

UAE gold prices up AED0.75, global rates gain amid Trump tariff uncertainty

Trump signed orders expanding tariff exemptions for goods from Canada and Mexico this week

Oil prices fall to $69.60, near annual lows amid tariff concerns

Attention turns to February's nonfarm payrolls data for insights on the U.S. economy

Türkiye lowers interest rate to 42.5 percent as inflation eases

The bank’s monetary policy committee decreased its headline lending rate by 250 basis points on March 6

DWTC-Informa reaffirms commitment to tripling Dubai’s MICE sector GDP by $14.7 billion by 2033

The move aims to attract investments and facilitate cross-border trade through its esteemed B2B Events platforms

Oman’s inflation rate averaged 1.4 percent between 2021 and 2024

The average GDP growth rate at constant prices was 3.9 percent from 2021 to 2023

UAE gold prices up AED0.25, global rates rise on dollar weakness

Investors await U.S. nonfarm payrolls data Friday to assess Fed's interest rate strategy

Oil prices rebound after dropping below $70 amid trade, supply concerns

Traders are concerned about U.S. tariffs and rising oil supplies from OPEC+ production increases

Egypt’s foreign reserves soar to $47.39 billion in February

Gold holdings in foreign currency reserves reached approximately $11.851 billion in February, up from $11.416 billion

Saudi PIF inks $3 billion deal with Italian export credit agency

The parties will share expertise and consider SACE's $3 billion support for PIF-led projects