economy

China cuts benchmark lending rates for first time since October to stimulate economy

The Central Bank lowered one-year loan prime rate to 3.0 percent amid economic challenges 

Make it in the Emirates 2025: ADNOC, Tawazun Council partner to boost operational capabilities and national development goals

Both organizations will collaborate on petroleum services, operations, and maintenance for enhanced efficiency 

Make it in the Emirates 2025 continues with impactful discussions on national ICV, talent upskilling

The agenda includes sessions on localization, community engagement, and industrial growth opportunities 

Make it in the Emirates 2025: Sheikh Hamdan bin Zayed launches Serh Group, $544.5 million agreement with ADNOC

H.H. Sheikh Hamdan reviewed latest industrial products, showcasing UAE’s role in economic diversification and growth

Crude oil prices hold above $65.4 amid strong Asian demand, U.S. economic uncertainties

Moody's downgrade of U.S. credit rating raises concerns about economic outlook and oil prices

Dubai 24-carat gold price today falls AED2.75 amid dollar strength

Spot gold down 0.4 percent at $3,215.31, reflecting market reactions to geopolitical news.

Abu Dhabi launches multibillion-dirham automotive program to drive regional mobility leadership

The initiative is projected to contribute AED100 billion ($27.23 billion) to Abu Dhabi’s GDP and generate 7,000 highly-skilled jobs by 2045

Ras Al Khaimah, Miami ink agreement to boost cooperation across key sectors

MoU aims to strengthen cooperation in city planning, public security, and business promotion 

Make it in the Emirates 2025: Abu Dhabi accelerates manufacturing growth to $30.4 billion

The number of industrial enterprises has risen by 19.4 percent, increasing from 925 to 1,104

Ripple expands blockchain payments footprint in UAE with strategic partnerships

In March 2025, Ripple became the first blockchain payment company to obtain DFSA licensing approval

Make it in the Emirates 2025 set to welcome 720-plus exhibitors in Abu Dhabi

This year’s edition will be its largest to date — expanding to over 68,000 square meters, a more than 300 percent increase in space compared to last year

UAE government, WEF to welcome 700 experts to Global Future Councils 2025 in Dubai

The October event will feature 36 councils with experts from over 580 organizations worldwide