economy

UAE and Kuwait enhance partnerships in AI, energy, transportation through strategic MoUs

Key sectors include oil and gas, social development, and infrastructure to support mutual goalsĀ 

Dubai Metro Blue Line unveiled: Major transit expansion to connect key city hubs by 2029

With 14 stations, the Blue Line will connect key areas like Dubai Creek and Festival City

Crude oil prices fall to $65.40 as OPEC+ output rises despite concerns over Canadian supply

OECD revised down its global growth forecast due to the impacts of trump's trade war

Dubai 24-carat gold price rises today by AED2.75, global rates gain amid U.S.-China trade jitters

OECD warned of sharper-than-expected economic slowdown impacting the U.S. economy significantly

Saudi Arabia’s non-oil private sector surges to 55.8 in May 2025 fueled by construction boom

New order volumes rebounded significantly, propelled by heightened demand and robust sales performance

Dubai Future District Fund reports $1.65 billion in capital commitments, supports over 190 startups

The Fund’s strategic initiatives showcase its role in advancing technology and venture capital in Dubai

Middle East tourism spending to hit $350 billion by 2030, says ATM report

The Middle East’s rise as a global hub for business events is another key highlight of the report

Oman’s Treasury Bills issuance reaches $131.3 million in week

The value of allotted Treasury bills reached OMR2 million for a maturity period of 91 daysĀ 

GCC equities attract $1.87 billion in foreign investments, indicating market recovery: Report

The UAE attracted $764 million in foreign capital as global equity markets stabilize and recoverĀ 

ADGM reports 33 percent AUM growth in Q1 2025 highlighting strong market confidence

Over 600 new businesses established in ADGM's expanded jurisdiction on Al Reem Island during the quarter

UAE and Fujairah governments launch zero bureaucracy program to revolutionize government services

Partnership aims to streamline services and improve the quality of life for citizensĀ 

ADNOC Gas becomes largest addition to MSCI Index in 2025 boosting market capitalization

ADNOC Gas's inclusion follows a successful $2.8 billion share offering, expanding public share availabilityĀ