economy

Sheikh Hamdan launches MyDubai Communities: Your gateway to Dubai’s activities

Platform connects individuals of all ages, nationalities, and cultures within Dubai's 3.85 million residents

Egypt’s construction sector thriving despite PMI mild contraction in March

The Purchasing Managers' Index fell to 49.2 from 50.1 in February 

Türkiye’s annual inflation falls to 38.1 percent in March 2025

Türkiye's monthly inflation rate reached 2.46 percent, up from 2.27 percent in February

Saudi travel surplus hits record $13.3 billion in 2024, marking 7.8 percent yearly growth

Surge was fueled by a 13.8 percent increase in inbound visitor spending compared to 2023 

Dubai Land Department, Ajman Free Zones Authority join forces to simplify real estate ownership

Initiative aims to boost transparency and investment, backed by strong legal and administrative protocols

U.S. tariff rate soars to 22 percent from just 2.5 percent, highest since 1910: Fitch

Tariffs are expected to generate approximately $700 billion in annual revenue

Trump tariffs list: Over 180 countries and territories hit with “Liberation Day” tariffs

Trump’s sweeping tariffs will go into effect on April 5, and his reciprocal tariffs will hit on April 9 on new imports of foreign-made goods

Abu Dhabi’s TAQA, EWEC propel UAE’s AI strategy and net zero goals with new energy projects

Both companies signed a 24-year PPA to develop the Al Dhafra OCGT project

Amazon joins competitive race for TikTok ownership ahead of U.S. ban deadline

Buying TikTok could help Amazon attract younger shoppers and merge social media with shopping

Oil prices dip 2.29 percent as U.S. economic uncertainty raises demand fears

Imports of oil, gas and refined products were exempted from the new tariffs, the White House said

Trump announces 10 percent global tariff, higher rate for trade-surplus nations

Trump's sweeping tariffs will go into effect on April 5, and his reciprocal tariffs will hit on April 9

UAE gold prices climb AED3.5, global rates hit new high on safe-haven demand

Gold prices have set more than 15 records this year and achieve a nearly 19 percent increase year-to-date