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Economics
Economy
Top 5 market highlights to monitor this week
Investors are focusing on upcoming inflation data for clues on how the economy may shift after the election results
Energy
Oil prices steady as China’s stimulus disappoints, U.S. supply fears ease
Brent oil futures for January increased by 0.2 percent, reaching $71.95 a barrel
Economy
Abu Dhabi’s ascent continues as the ‘Falcon Economy’ soars
Expanding non-oil sectors and thriving financial landscape propel the UAE capital’s growth
Banking & Finance
Mastercard: Reshaping the financial landscape through AI and innovation
Company has notably teamed-up with major names like UAE Artificial Intelligence Office and FAB
Economy
UAE records 34.3 percent surge in IP registrations in nine months, welcomes 18,175 new trademarks
During this period, trademark registrations rose by 39.12 percent
Banking & Finance
DIFC successfully repays $700 million sukuk on schedule
The Sukuk was issued to fund the Centre’s expansion, including Gate Avenue
Energy
Oil prices decline as China’s stimulus underwhelms, Hurricane Rafael’s on U.S. production remains minimal
Brent oil futures for January dropped 0.2 percent to $73.72 per barrel
Banking & Finance
ADNH Catering reports $326.7 million revenue for nine months, confirms $16.3 million dividend for FY 2024
The pro forma net profit reached AED110 million, showcasing a robust net profit margin of 9 percent
Economy
DFM records $10.5 million in major trades on Al Ansari, Ajman Bank
29.1 million shares of Al Ansari were traded for AED28.5 million at AED0.97 each
Industry
ADIPEC 2024: ADNOC awards $196.2 million contracts to 11 companies for manufacturing in UAE
Awards for a wide range of products enabled by the company's In-Country Value (ICV) program
Energy
ADIPEC 2024 sets new records, unites industries to drive sustainable socioeconomic advancement
Under the theme ‘Connecting Minds. Transforming Energy,’ ADIPEC 2024 drew a record 205,139 participants from 172 countries
Economy
Oil prices dip slightly but expect positive weekly gains amid OPEC+ delay, U.S. supply disruptions
January Brent oil futures slipped 0.3 percent to $75.44 per barrel
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