economy

Emirates Group sets global benchmark with $6.2 billion profit in 2024-2025; highest in aviation history

Emirates Airline led the Group’s stellar results, posting the highest profit in its history

Make It In The Emirates 2025 set to be largest edition, 94 percent booked for expanded 50,000 sqm event

Fourth edition expands to 12 sectors, driving growth and unlocking opportunities for development

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 Central Bank sees 3.58 percent rise in foreign reserves to $70.5 billion in April 2025

The official reserves include bonds, foreign treasury bills, gold, and Special Drawing Rights (SDRs)

UAE FTA offers relief from penalties for late corporate tax registration

Late submission of tax registration applications now eligible for penalty waivers within specified deadlines

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

Saudi Arabia, U.S. to sign landmark mining pact advancing Vision 2030

HRH Saudi Crown Prince Mohammed bin Salman chaired a Cabinet session highlighting this crucial partnership initiative

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