Economics

Bank of England (BoE) slashes interest rates to 4.25 percent amid global trade uncertainty

Decision provides relief to borrowers, businesses, and consumers amidst sluggish economic growth

Make it in the Emirates 2025 unveils agenda: Sustainability, AI, and advanced tech to take center stage

UAE's premier industrial event to highlight new procurement deals, financing, and job opportunities for Emiratis

Crude oil prices surge to $61.41 on trade deal hint, demand concerns

Despite gains, oil prices have suffered significant losses in 2025 due to slowing demand and rising production

Qatar’s Islamic finance assets soar to $190.6 billion in 2024, dominating 97 percent of market

Qatar's islamic banking surged to $160.9 billion, outperforming conventional banks

China slashes interest rates, injects $138 billion liquidity to counter U.S. trade tensions

U.S. and Chinese officials prepare for crucial talks in Switzerland to ease trade tensions 

Saudi Arabia leads MENA IPO market as proceeds reach $2.4 billion with 106 percent YoY growth

Saudi Arabia recorded 12 out of 14 listings in the MENA region during this quarter

Visa and Whish Money partner to elevate digital payment solutions across Lebanon, international markets

The collaboration enables Whish Money to integrate Visa’s advanced payment technologies for improved services

Crude oil prices climb to $62.73 as market focuses on U.S.-China trade talks

Crude stocks fell by 4.5 million barrels recently, with analysts expecting further declines in inventories

Dubai 24-carat gold prices up AED2.25; global rates retreat amid U.S.-China trade optimism

Spot gold declined by 1.2 percent to $3,388.67 an ounce after a strong previous session.

UAE’s ADNOC raises $1.5 billion through debut sukuk

Net proceeds will support ADNOC Group for general corporate purposes and funding diversification