economy

Amazon joins competitive race for TikTok ownership ahead of U.S. ban deadline

Buying TikTok could help Amazon attract younger shoppers and merge social media with shopping

Oil prices dip 2.29 percent as U.S. economic uncertainty raises demand fears

Imports of oil, gas and refined products were exempted from the new tariffs, the White House said

Trump announces 10 percent global tariff, higher rate for trade-surplus nations

Trump's sweeping tariffs will go into effect on April 5, and his reciprocal tariffs will hit on April 9

UAE gold prices climb AED3.5, global rates hit new high on safe-haven demand

Gold prices have set more than 15 records this year and achieve a nearly 19 percent increase year-to-date

UAE tops ranking in Global Entrepreneurship Monitor 2025 Report for 4 years running

The country achieved the highest rank among high-income nations in 11 out of 13 key indicators

Dubai World Trade Centre: Your guide to April 2025’s must-attend events

Events highlight Dubai's crucial position as a global hub for knowledge exchange, innovation, and economic opportunity

EU approves $4.4 billion and $539.5 million loans for Egypt, Jordan

The Parliament approved macro-financial assistance to Egypt: 452 votes for, 182 against, 40 abstained

UAE gold prices jump AED1.75, global rates hit record $3,148.88

U.S. economic slowdown and rising inflation could drive gold prices to $3,300 in the next months

Oil prices dip to $74.43 as Trump tariffs loom, OPEC meeting ahead

Traders raised oil's risk premium, anticipating supply disruptions from Trump's actions and policies

GCC’s $7 billion food waste crisis: How retailers can lead the change

The region's retail sector wasted around 1.3 million tons of food in 2022

2024 renewable energy milestone: 4,448 GW and counting, but can the world meet the 2030 target?

To achieve the global target, renewable capacity must grow by 16.6 percent annually through 2030, according to the report

Abu Dhabi’s GDP grows 3.8 percent to all-time high of $326.71 billion in 2024

The non-oil sector recorded a strong growth rate of 6.2 percent, marking its highest-ever annual contribution of 54.7 percent to total GDP