economy

Saudi Arabia launches Taqatech Accelerator to drive energy innovation, economic growth

The Taqatech Accelerator aims to support startups focused on local content, technology localization, and job creation initiatives

Bank of America launches $40 billion stock buyback program

The $40 billion program replaces a previous authorization with $9.1 billion remaining as of June

Tesla shares dive 7 percent as Q2 sales decline, auto revenue drops to $16.7 billion

Tesla's Model Y update failed to revive aging lineup amid competitive pressure

Riyadh’s Grade A office market hits 98 percent occupancy in Q2 2025 amid soaring demand

As of mid-2025, more than 660 international firms had been licensed to set up regional headquarters in the Saudi capital

Sharjah real estate grows 48.1 percent in H1 2025 with AED27 billion in transactions

Sharjah’s increasing appeal to a diverse pool of investors from around the globe has further reinforced its position as a key real estate hub in the region

Emirates Islamic reports $599 million profit before tax in H1 2025, driven by income and deposit growth

Total income rose 9 percent year-on-year to AED2.9 billion, driven by diverse income streams

Burnout in the workplace: Why mental health can’t be ignored anymore

Poor mental health has serious consequences for business performance as it negatively impacts productivity, job satisfaction, and employee retention

ADQ-backed digital bank Wio surpasses $1 billion in Assets Under Administration in less than two years

Popular investment themes include US tech stocks like NVIDIA and cryptocurrencies such as Bitcoin and Ethereum

Dubai Business Events secures 249 successful bids to host business events in H1 2025

These confirmed wins are expected to bring 127,087 delegates, a 35 percent increase in delegate numbers

Abu Dhabi’s NMDC Energy revenue climbs 41 percent as net profit reaches $158.7 million in H1 2025

The company expands its project pipeline to AED66 billion, enhancing regional industrial capabilities significantly

Dubai Gold and Commodities Exchange reports over 1 million contracts traded in H1 2025, 30 percent YoY growth

DGCX's Shariah-compliant Gold Spot Contract saw a remarkable 199.84 percent YoY trade value increase

Dubai 24-carat gold price today climbs AED5.25 to AED414 as investors eye Trump’s tariff deadline

Treasury Secretary hints at meeting with China, suggesting possible extension of August tariff deadlinesÂ