Economics

UAE’s banking sector net international reserves up 11 percent to $346.58 billion by end July 2024

CBUAE’s gold reserves grew by 23.5 percent YoY, reaching AED21.28 billion by the end of July

Bank of England lowers interest rates to 4.75 percent, anticipates gradual cuts ahead

This marks the second reduction by the central bank this year, following the initiation of its easing cycle in August

Sheikh Hamdan launches ‘71 Challenge’ to empower young government leaders

Sheikh Hamdan: “Young people are the driving force behind our nation's progress, fuelling its development and innovation”

UAE’s debt capital markets grow 13.1 percent YoY to $294.4 billion by Q3 2024: Fitch

This growth highlights the country's evolving financial landscape and its strategic role within the sukuk market

Official dates revealed for ADIPEC 2025 

40+ ministers and 200+ executives from around the world gathered in Abu Dhabi for ADIPEC 2024

Oil prices decline as U.S. inventory data shows larger-than-expected build amid Gulf hurricane concerns

Brent oil futures expiring in January dropped 0.6 percent to $75.11 a barrel

Qatar affirmed at ‘AA/A-1+’; outlook stable: S&P

Growth momentum is expected to strengthen from 2026, supported by the North Field Expansion (NFE) LNG project