economy

Dubai 24-carat gold price drops below AED399 as tariff fears diminish, dollar strengthens

Investors await key U.S. macroeconomic data and Federal Reserve meeting with rates expected to remain steady

Crude oil prices climb above $69.2 as U.S.-China trade truce and EU deal support market

The U.S.-EU agreement imposed a 15 percent tariff, averting a major trade war impact

Abu Dhabi real estate transactions jump 39 percent in H1 2025, hitting $14.08 billion

The recent launch of high-quality projects has further energized the market and opened doors to attractive investment opportunities

Abu Dhabi Chamber memberships surpass 158,000 in H1 2025, driven by growth in key sectors

Abu Dhabi Chamber is following a clear roadmap that focuses on staying ahead of challenges and driving growth in high-value sectors

DIFC records best-ever performance in H1 2025, attracts 1,081 new companies

The number of FinTech and Innovation companies reached 1,388, up from 1,081 in H1 2024

Dubai 24-carat gold prices fall to AED405 as trade optimism weighs on safe-haven demand

The U.S. dollar index was on track for its worst weekly performance in a month

Oil prices climb to $69.34 as trade talk optimism lifts demand outlook

Brent crude is up 0.4 percent so far this week, while WTI has declined by 1.4 percent

ADGM’s FSRA reports 30 percent increase in licensed financial services firms, reaching 272 in 2024 

FSRA's future focus includes sustainable growth, technological agility, and robust market confidence

ECB maintains interest rates at 2 percent, pausing its year-long easing cycle

This decision follows eight cuts since June last year as trade relations with the U.S. remain unclear

AD Ports Group expands global reach with new office in Beijing

The office will be instrumental in advancing AD Ports Group’s strategic role in China’s Belt and Road Initiative (BRI)

CBUAE, Mercury launch strategic JV to enhance UAE’s financial infrastructure, resilience

This collaboration aims to boost the UAE’s financial market infrastructure with top efficiency and resiliency standards

MBRU scientists publish first Arab Pangenome Reference in major genomic breakthrough

The Arab Pangenome Reference was created using high-quality DNA sequencing from 53 individuals of diverse Arab heritage residing in the UAE