Economics

Dubai Chamber of Commerce launches new delivery business group to boost sector growth

The chamber currently has 106 Business Groups, enhancing private sector representation across various industries 

Kuwait, Jordan ink six agreements focused on crucial areas like trade, tourism, and investment

Agreements further reached to enhance higher education, research, and student exchanges for academic collaboration 

Stock market today: Cautious optimism amid U.S. trade uncertainty, tech rally

AI and semiconductor stocks lead the charge, while consumer sectors lag due to tariff impacts 

Nasdaq Dubai welcomes China Development Bank’s dual-currency bond listing with $500 million and EUR500 million tranches

The euro tranche was oversubscribed 15 times, reflecting strong investor interest across regions 

M&A in MENA hits $115.5 billion in H1 2025, up 149 percent YoY

The UAE emerged as the top target nation, with deals totaling $39.8 billion in value

What triggered the sharpest dollar drop in 2025?

The dollar's value dropped over 10 percent, marking its worst start since 1973

Beyond oil, beyond IPOs: The rise of private funds in Saudi Arabia

A quieter transformation is underway—the rapid expansion of private-capital vehicles in the Kingdom

Kuwait strengthens ties with India, Iraq with new MoUs to combat financial crime 

Deals aim to promote an environment of transparency and security in financial systems 

UAE President, Dubai Ruler gather for key discussions on national development and citizens’ welfare

Attendees included key leaders and ministers dedicated to advancing the UAE's national objectives

Dubai 24-carat gold price today hits one-week low at AED396 amid U.S. dollar strength, rising yields

Investors look to the Fed's meeting minutes for insights on future interest rate cuts 

Saudi Arabia approves new law for foreign property ownership in designated zones starting 2026

The law permits non-Saudis to own property in designated zones, notably in Riyadh and Jeddah.

Crude oil prices fall 0.1 percent to $70.08 from two-week highs as tariff updates loom

Trump’s tariff delay offers hope to major trade partners while confusing smaller exporters like South Africa