economy

DXC Technology: Transforming government and finance through AI solutions, talent development

Building sustainable talent pipelines is critical for unlocking AI's economic potential in the Middle East 

Dubai 24-carat gold price today falls to AED405.25, global rates slip amid weak U.S. jobs data

U.S. job growth decelerated in July, raising concerns about the overall health of the economy

Crude oil prices decline to $69.4 as OPEC+ increases production levels

OPEC+ aims to regain market share with significant production increases amid slowing U.S. economy

Dubai Duty Free sets sales records in 5 of 7 months so far in 2025

Dubai Duty Free’s year-to-date (YTD) sales have reached AED 4.734 billion ($1.30 billion), representing a 5.86 percent increase over the same period last year

Abu Dhabi hotels generate $185.7 million in May 2025 amid growing international visitors

May welcomed approximately 481,000 guests, showcasing Abu Dhabi as a top travel destination

Strong bids drive UAE’s $1.46 billion Islamic Treasury sukuk auction success

Competitive pricing yields 3.88 percent for August 2028 and 3.95 percent for May 2030 tranches

Abu Dhabi Chamber enters new phase of growth with over 158,000 registered companies

As it enters a new chapter, the Abu Dhabi Chamber is poised to continue driving economic diversification, fostering international trade, and strengthening the competitiveness of the emirate’s private sector

Alpha Dhabi Holding posts $1.79 billion net profit in H1 2025, revenue up 23 percent

The group’s diversified investment portfolio has been instrumental in driving performance, with significant revenue contributions from industrial, real estate, and construction sectors

Binghatti Holding’s $500 million sukuk attracts solid investor interest with 5 times oversubscription

Binghatti Holding's total sales the first half of 2025 reached AED 8.8 billion, while revenue surged 189 percent YoY to AED 6.3 billion

Global stock markets plunge as U.S. tariffs spark investor caution

S&P 500 futures decreased while traders processed updated tariff rates and awaited jobs report release