economy

Qatar Fund for Development announces second phase of power project in Syria

The second phase, launching on August 2, 2025, will provide 800 megawatts of electric power over the course of one year

Crude oil prices rise above $71.8 amid new tariffs impacting Russian supply

Trump's new tariffs on U.S. trading partners are scheduled to take effect on August 1

UAE central bank highlights key achievements ahead of digital dirham launch

Digital Dirham aims to enhance payment efficiency and drive financial inclusion in the UAE.

Oman joins World Free Zones Organization to enhance competitiveness, promote investment opportunities globally 

Oman has 23 economic zones, with total investments having reached approximately OMR21 billion by the end of 2024

e& posts 60.7 percent increase in consolidated net profit, reaching $2.4 billion in H1 2025

The Group's EBITDA margin of 44.1 percent indicates strong operational performance and financial health

Qatar’s water strategy: Desalination, smart tech, and sustainable growth

Qatar has proactively addressed water challenges by launching a range of sustainable initiatives focused on desalination and smart water management

Meta’s revenue surges 22 percent to $47.5 billion in Q2 2025, stock rises 1.28 percent in aftermarket trading 

Strategic investments in AI and infrastructure are key to Meta’s future revenue growth 

Deyaar achieves solid H1 2025 results with $72.58 million profit

Deyaar is preparing for the handover of five major projects in H2 2025, comprising approximately 2,000 units

White House announces additional 40 percent trade tariff on Brazil, raising total to 50 percent

Despite the tariffs, the U.S. continues to enjoy a trade surplus with Brazil

DAFZ and China’s Zhuanzhuan Group partner to build cross-border supply chain for secondhand goods

Zhuanzhuan will establish its regional headquarters in DAFZ, supporting an integrated supply chain

Gold demand rises 3 percent in Q2 2025 amid strong investment flows: WGC

Jewelry consumption across the Middle East region declined 11 percent

Sukuk and debt instruments in Saudi Arabia surge 20 percent to $176.7 billion in 2024

The Capital Market Authority issued 25 new licenses, raising total market institutions to 186 by 2024