Economics

Crude oil prices drop to $65.41 amid investor concerns surrounding U.S.-China trade relations

U.S. crude oil stockpiles likely rose by about 500,000 barrels in the recent week

Dubai gold prices up AED5, global rates hold above $3,300

Investors will watch key U.S. economic reports this week, including job openings and payroll data 

Dubai World Trade Centre (DWTC) generates $6.1 billion in economic output in 2024 from over 2 million attendees

Large-scale events generated AED2.9 billion in sales value, showcasing Dubai's vibrant economy

Upcoming $950 million T-bill auction by CBE aims to cover previous dollar tender maturity

CBE allows local and foreign institutions to subscribe to T-bills, starting at a minimum of $100,000 

Strong economic indicators signal 3.4 percent GDP growth for Oman in 2025

Foreign direct investment inflows surged by 16.2 percent in Q3 2024 compared to 2023

Joint Saudi-Qatari initiative paves way for $15 million payment to World Bank for Syria

Commitment aims to accelerate the recovery of Syria’s economy and development 

Dubai gold prices fall AED2.5, global rates hit $3,289 amid easing U.S.-China trade tensions

The dollar rose 0.2 percent, making gold bullion pricier for international buyers 

Dubai AI Week 2025: Sheikh Hamdan witnesses signing of strategic partnerships to boost digital economy

Partnerships aim to accelerate start-up growth and reinforce Dubai as a global innovation hub

Dubai AI Week 2025: Sheikh Hamdan launches academy to accelerate AI adoption across sectors

The academy aims to educate 10,000 leaders in partnership with global academic institutions

Saudi Vision 2030: A comprehensive review of achievements in 2024

Vision hit 93 percent target success rate in first nine years

China eases tariffs on selected U.S. goods to mitigate economic strain

Exemptions follow conciliatory statements from Washington amid rising fears of global recession