economy

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

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