economy

Crude oil prices drop 0.75 percent to $68.60 amid rising trade tensions, demand concerns

U.S. tariffs on EU imports are expected to raise trade anxieties beyond the oil sector 

RAKBANK reports AED 1.374 billion profit in H1 2025, up 26 percent year-on-year

RAKBANK’s total assets grew by 18.1 percent YoY reaching AED 95 billion

Egypt’s real estate market booms in H1 2025 despite inflation and rising construction costs

Real estate remains a favored hedge against currency volatility and inflation

Abu Dhabi real estate boom: Off-plan, ready sales, and rentals see robust growth in H1 2025

Data highlights a marked increase in transaction values in the first six months of the year, indicating deepening confidence in Abu Dhabi’s real estate landscape

Union Pledge Day 2025: UAE reflects on 1971 unification and continued global rise

Union Pledge Day commemorates the UAE’s remarkable journey of unity and state-building

UAE introduces sugar-based beverage tax to promote healthy living

Under the new model, the higher the sugar concentration in a beverage, the higher the applicable excise tax per liter

Nvidia H20 AI chip sales to China approved by U.S. amid trade talks

China said win-win cooperation is only way forward in tech dispute

Qatar Fund for Development reaffirms global commitment at 2025 UN Sustainable Development Forum

The discussions contributed to shaping a unified vision for the Second World Summit for Social Development in Doha from November 4-6, 2025

Eurozone inflation rises to 2.0 percent as EU inflation hits 2.3 percent in June 2025

Annual inflation rises as economic pressures continue to shape the eurozone landscape

UAE and Hungary strengthen ties with key agreements in AI, renewable energy, and defense

The exchange ceremony was held at the Prime Minister’s Office in Budapest, Hungary's capital

Crude oil prices rise 0.4 percent above $69.8 as Iraq’s supply concerns boost demand

U.S. crude inventories fell by 3.9 million barrels, exceeding expectations for a substantial decrease

Dubai 24-carat gold price today dips to AED400.50 as traders eye Fed’s upcoming decisions

Fed Governor Waller indicated the need for a policy rate reduction amid escalating economic risks