economy

Oil prices up 0.3 percent to $73.27, recovering from 2-month low; economic concerns persist

West Texas Intermediate (WTI) crude futures climbed 0.4 percent to $69.17 a barrel

UAE, UK seek stronger investment and trade ties as free trade deal talks with GCC progress

The two sides discussed closer cooperation to enhance investment flows, promote sustainable financial frameworks and strengthen financial markets

ADX daily trading volumes climb 27.5 percent with 30 percent boost in investor count since start of 2025

ADX launched the "New ADX Group" to enhance market infrastructure and trading efficiency with two entities

UAE, Italy ink 3 investment memoranda to facilitate cooperation in pharmaceuticals, minerals, data centers, AI

In 2023, Italian exports to the UAE were $7.22 billion; UAE exports to Italy were $1.57 billion

UAE: FTA registers intellectual property for ‘Muwafaq’ package

The package aims to boost innovation in taxes, enhancing SME empowerment and tax compliance

New business success index identifies key factors for thriving in Saudi Arabia amid 33 percent expansion urgency

18 percent increase in international companies entering Saudi Arabia from outside MENAT

UAE gold prices decline AED0.25, global rates hit new record high on tariff worries and exchange-traded fund inflows

Spot gold experienced a slight increase of 0.1 percent, reaching $2,939.15 an ounce

Oil prices rise 0.6 percent to $75.19 as new U.S. sanctions on Iran ignite supply concerns

West Texas Intermediate (WTI) crude futures increased by 0.7 percent to $70.92 per barrel

Oman launches electronic system for issuing securities (E-IPO) to enhance transparency in financial transactions

The electronic system for issuing securities will streamline procedures, reducing time and effort for stakeholders

UAE to invest $40 billion in Italy across key sectors, over 40 new agreements signed

Non-oil trade between the two countries grew to $11.7 billion in 2023

UAE joins Kuwait in celebrating 64th National Day as bilateral trade reaches $13.6 billion

The UAE imports 22 percent of Kuwait's non-oil exports, ranking third after China and U.S.

ADGM completes Al Reem Island integration, adds over 1,100 entities to jurisdiction

Since the expansion was announced in April 2023, more than 600 new businesses have set up on Al Reem Island