economy

Investor confidence fuels 38 percent rise in Dubai residential sales in H1 2025

Average monthly villa transactions rose from 2,189 in H1 2024 to 3,402 this year

Central Bank of Egypt maintains interest rates as GDP growth projected at 4.8 percent

Annual headline inflation decreased to 15.3 percent during Q2 2025

Sheikh Mohammed highlights Dubai’s commitment to sustainable growth, community empowerment

H.H. met with prominent citizens, business leaders, investors, and officials at the Union House in Dubai

Dubai 24-carat gold price today hits AED400.25 nearing weekly high as demand rises, new tariffs announced

Trump's new tariffs continue to drive safe-haven flows toward gold as investors seek stability 

Crude oil prices rise to $68.74 amid OPEC+ output increases, escalating tariff concerns

OPEC+ agreed to increase production by 548,000 barrels per day in August, pressuring oil prices 

Global economy faces $1.5 trillion loss due to delayed mega projects by 2030: Report

Middle East emerges as epicenter of global construction boom with surging megaprojects

Earth intelligence market to hit $20 billion by 2030 as private sector growth accelerates: Report

As private firms invest more, Earth intelligence will account for over 50 percent of total spending by 2030 

Saudi Arabia’s industrial production index grows 1.5 percent in May on mining, manufacturing

The mining and quarrying sub-index rose by 2.1 percent year-on-year 

Binance launches Sharia Earn as first multi-token staking service compliant with Islamic finance principles

The Islamic finance market exceeds $4 trillion, yet many Muslims are excluded from crypto

Saudi Arabia’s CMA approves key amendments to investment funds regulations to boost competitiveness, protect investor rights

Key amendments expand distribution categories, allowing electronic money institutions to distribute fund units 

OPEC reduces 2025 oil demand forecast to 105 million bpd, projects 122.9 million bpd by 2050

The long-term projection reflects increasing energy needs in developing nations and anticipated investments.

EY report: Bahrain most cost-effective GCC hub for financial services firms

Bahrain aims to empower global financial institutions to leverage the kingdom’s unique advantages and highly skilled talent to drive technological advancement