Economics

Abu Dhabi’s TAQA, EWEC propel UAE’s AI strategy and net zero goals with new energy projects

Both companies signed a 24-year PPA to develop the Al Dhafra OCGT project

UAE tops ranking in Global Entrepreneurship Monitor 2025 Report for 4 years running

The country achieved the highest rank among high-income nations in 11 out of 13 key indicators

Dubai World Trade Centre: Your guide to April 2025’s must-attend events

Events highlight Dubai's crucial position as a global hub for knowledge exchange, innovation, and economic opportunity

EU approves $4.4 billion and $539.5 million loans for Egypt, Jordan

The Parliament approved macro-financial assistance to Egypt: 452 votes for, 182 against, 40 abstained

UAE gold prices jump AED1.75, global rates hit record $3,148.88

U.S. economic slowdown and rising inflation could drive gold prices to $3,300 in the next months

Oil prices dip to $74.43 as Trump tariffs loom, OPEC meeting ahead

Traders raised oil's risk premium, anticipating supply disruptions from Trump's actions and policies

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