economy

EU approves first wave of countermeasures against U.S. tariffs

The European Union will target a range of U.S. imports starting next Tuesday in response to the U.S. tariffs on metals

China retaliates with 84 percent tariffs on U.S. goods

The European Union is also preparing its own retaliatory measures for later on Wednesday

Microsoft surpasses Apple as most valuable company amid trade war concerns

On Tuesday, Apple shares fell to an 11-month low during aftermarket trading

UAE and Kazakhstan central banks forge cooperation for financial market regulation, development

Agreement aims to strengthen cooperation and information exchange in areas of mutual interest

Saudi Arabia achieves top global ranking in empowering women in AI sector: Report

The Kingdom ranked third in AI job growth for 2024 and fourth in leading AI models

UAE strengthens trade with Congo, offers 99.5 percent tariff exemptions: Al Zeyoudi

Congo’s key sectors set to thrive under the new Comprehensive Economic Partnership Agreement

Egypt secures nine development agreements worth $290.2 million with France, EU

These deals will support priority projects in water treatment, sanitation, electricity, and rail transport sectors

UAE, Congo sign CEPA to elevate bilateral non-oil trade to $7.2 billion by 2032

Agreement will usher in a new era of collaboration in various economic sectors

Canada implements 25 percent counter-tariffs on U.S. vehicles

Canada is the largest U.S. car export market, with 8 percent non-compliant vehicles estimated

Oil prices hit four-year low amid U.S. 104 percent tariffs on China

Trump signed an executive order raising tariffs on China by 50 percent, escalating tensions significantly

Stocks slide following U.S. 104 percent tariffs on China

Since Trump's tariff announcement, S&P 500 companies have lost $5.8 trillion in market value

Dubai gold prices fall AED5, global rates stall amid U.S. tariff concerns

White House's 104 percent tariffs on China spiked the VIX, causing sharp declines in major indices