Economics

Future100 companies of 2024 announced at Investopia 2025

The initiative boosted applications by 11 percent in 2024, especially in fintech, sustainability, and creative sectors

Kuwait achieves 100 percent completion in key sustainable development goals: Report

These indicators reflect Kuwait's commitment to Vision 2035 as a global financial and investment hub

UAE recognized as key player in global trade and investment

The nation is projected as one of Ernst & Young's fastest-growing markets in five to ten years 

Egypt’s financial inclusion rate soars to 74.8 percent, 52 million citizens now use transaction accounts

This increase results from CBE's collaboration with banks and stakeholders for economic empowerment across society

UAE gold prices drop AED2.75, global rates muted amid high safe haven demand and trade tariff uncertainty

Copper rose 0.8 percent to $9,486.05 per ton as Chile disruptions mitigated tariff concerns

Oil prices up 0.3 percent to $73.27, recovering from 2-month low; economic concerns persist

West Texas Intermediate (WTI) crude futures climbed 0.4 percent to $69.17 a barrel

UAE, Italy ink 3 investment memoranda to facilitate cooperation in pharmaceuticals, minerals, data centers, AI

In 2023, Italian exports to the UAE were $7.22 billion; UAE exports to Italy were $1.57 billion

UAE: FTA registers intellectual property for ‘Muwafaq’ package

The package aims to boost innovation in taxes, enhancing SME empowerment and tax compliance

New business success index identifies key factors for thriving in Saudi Arabia amid 33 percent expansion urgency

18 percent increase in international companies entering Saudi Arabia from outside MENAT

UAE gold prices decline AED0.25, global rates hit new record high on tariff worries and exchange-traded fund inflows

Spot gold experienced a slight increase of 0.1 percent, reaching $2,939.15 an ounce

Oil prices rise 0.6 percent to $75.19 as new U.S. sanctions on Iran ignite supply concerns

West Texas Intermediate (WTI) crude futures increased by 0.7 percent to $70.92 per barrel

UAE to invest $40 billion in Italy across key sectors, over 40 new agreements signed

Non-oil trade between the two countries grew to $11.7 billion in 2023