Economics

Oil prices climb to $66.77 as Trump pressures Fed, tariffs cloud outlook

Trump criticized Fed Chair Powell, warning the U.S. economy could slow without immediate rate cuts

Dubai sees surge in new business launches in 2024, total hits 19,904 since 2002

Dubai SME facilitated the launch of 3,461 new Emirati businesses, 524 more than in 2023

UAE to engage in key economic talks at World Bank, IMF spring meetings

Meetings will focus on global economic priorities, fiscal policies, financial resilience, and international cooperation

UAE foreign trade hits $1.42 trillion in 2024, up from $952.9 billion in 2021: WTO

H.H. Sheikh Mohammed bin Rashid: UAE prioritizes openness and connectivity, becoming a vital global economic link

Dubai AI Week: Sheikh Hamdan emphasizes AI as core infrastructure for future-ready cities, services

Dubai AI Week set to kick off with AI Retreat and the start of Dubai Assembly for AI

Oil prices fall to $66.86 as tariff concerns, economic uncertainty grow

Markets remained nervous about aggressive U.S. tariffs and the ongoing trade war with China

UAE and Chad Presidents discuss cooperation in trade, economy and investment

Collaboration aims to advance shared development and provide tangible benefits to both nations

UAE Ministry of Economy strengthens anti-money laundering efforts with new MoUs

Initiative strengthens partnerships and compliance systems while enhancing data exchange among all signatories