economy

Trade wars deepen as China and Canada retaliate after Trump’s tariffs come into effect

China responded immediately, announcing additional tariffs of 10-15 percent on certain U.S. imports from March 10

Egypt to benefit from $94.3 million EU loan to boost food security

The country further sought approval for the EUR4 billion package and emphasized SCZONE as key investment destination.

UAE gold prices rise AED2.5, global rates fall amid Trump tariff caution

Trump announced 25 percent tariffs on Mexico and Canada, starting Tuesday, and doubled Chinese tariffs to 20 percent

Oil prices drop to $71.07 on OPEC increase, Trump trade jitters

WTI crude futures dropped by 0.9 percent to $67.64 a barrel

Türkiye’s inflation eases to 39.05 percent in February, raising rate cut bets

As inflation continues to decelerate, the central bank is widely expected to deliver another 250 basis-point cut this week

Dubai’s energy demand rises 5.4 percent in 2024 as economy, population grows

DEWA experienced a noteworthy 3.4 percent increase in its peak demand in 2024, reaching 10.76 GW

Economic data, ECB rate decision to drive market sentiment this week as U.S. tariffs loom

In GCC markets, investor sentiment could be impacted by concerns over the economic fallout from new U.S. tariffs on China, Canada and Mexico

Oil prices gain 0.25 percent on positive Chinese manufacturing data

Investors are now looking forward to China's annual parliamentary meeting for further insights into potential measures to support its economy

UAE gold prices rise AED0.5, global rates gain on Ukraine peace deal uncertainty

The U.S. dollar index fell 0.33 percent from more than a two-week high it hit in the previous session

Investopia 2025: UICCA, UAE Ministry of Economy partner to reinforce sustainability through launch of Circular Economy Cycle

The agreement cultivates sustainable economic growth by supporting a nurturing ecosystem for climate-focused startups

ADIO signs strategic partnership with Italy’s CDP to boost investment, trade

Italy is a key trade partner of the UAE, with annual trade over AED30 billion

Investopia 2025: Future100 initiative explores strengthening UAE’s entrepreneurial ecosystem

The initiative featured 15 sessions with 48 speakers, including ministers, officials, and industry experts