economy

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

157,207 companies now registered with Abu Dhabi Chamber as business confidence grows

The Chamber’s momentum aligns with Abu Dhabi’s broader economic performance

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

IMF allocates $250 million to aid Lebanon in restoring financial stability

The IMF's financial aid aimed to restore stability while ensuring compliance with reform terms in Lebanon

World Bank forecasts Syria’s GDP to grow by 1 percent after a 1.5 percent contraction

"The easing of sanctions provides some upside potential; however, progress remains limited," states the World Bank

Dubai and Beijing strengthen economic, investment ties as non-oil trade hits $80.67 billion

By the end of June this year, more than 6,000 Chinese companies were registered as active members of the Dubai Chamber of Commerce

Egypt launches major natural gas initiative to drill 11 wells yielding 160 billion cubic feet

Minister Karim Badawi oversaw drilling operations at Begonia-2 in the New Mansoura concession area

UAE, Syria presidents discuss bilateral cooperation in development, economic sectors

H.H. reaffirmed UAE’s unwavering support for the Syrian people's aspirations for a prosperous future