Economics

Oman sees 1 percent inflation increase in February 2025

Prices of personal goods up 6.3 percent, transport up 3.4 percent, health up 3.2 percent

DEWA unveils roadmap to become world’s first AI-native utility

This initiative keeps DEWA at the forefront of digital advancements and drives sustainable growth in energy

Dubai Chamber of Commerce issues 5,357 ATA Carnets for $1.2 billion in 2024

ATA Carnets provide substantial cost savings by exempting exporters from VAT and customs duties

Investopia inks seven new partnerships for knowledge cooperation, organizing new Investopia Global editions

The MoU with EFG Consulting enhances cooperation for 'Investopia Europe' in Milan, boosting UAE-European ties

Oil prices steady at $73.05 amid Trump’s Venezuela tariff concerns

OPEC+ ready to move forward with scheduled output increase in May

CBUAE projects UAE GDP growth of 4.7 percent in 2025, 5.7 percent in 2026

The UAE's non-oil trade surpassed AED2 trillion in the first nine months of 2024

Abu Dhabi unveils new initiatives at 6th Al Multaqa meetings to empower private sector

The Abu Dhabi Investment Office (ADIO) is the government vehicle responsible for accelerating Abu Dhabi’s growth

Fitch affirms RAKBANK’s BBB+ long-term issuer default rating with stable outlook

The bank's asset quality improved with declining non-performing loans and strong loan-loss coverage ratios

UAE, Egypt presidents discuss strengthening ties through developmental and economic collaboration

President El-Sisi held Ramadan Iftar banquet in honor of the UAE president

UAE gold prices down AED1.75, global rates rise on Fed optimism

Spot gold was up 0.1 percent at $3,025.12 an ounce

Oil prices slip to $71.88 amid Trump tariffs, Russia-Ukraine talks

West Texas Intermediate (WTI) crude futures lost 0.3 percent to $67.67 per barrel