economy

UAE gold prices rise AED2.5, global rates hit record high on Trump tariff concerns

Earlier in the session, gold prices hit an all-time high of $2,799.71

Saudi Arabia’s real GDP sees 4.4 percent growth in Q4 2024, highest in two years

In 2024, Saudi Arabia’s economy rebounded, with real GDP increasing by 1.3 percent year-over-year

Qatar-Oman trade volume surpasses $1.8 billion in 2024, says minister

Bilateral meetings aimed to explore collaboration and investment opportunities between Qatari and Omani companies

Sheikh Maktoum prioritizes financial sustainability to reinforce UAE’s global investment status

H.H.: "We remain committed to adopting the best global financial management practices"

Dubai’s real estate sector sees surge in demand for residential units as population grows, says Sajwani

The first half of 2024 saw more than 220,000 people relocating to Dubai, said Sajwani

Dubai unveils two toolkits for resolving family business conflicts

The first toolkit highlights genograms for understanding relationships

Oil prices rise 0.2 percent to $76.71 as traders absorb hawkish Fed signal, Trump tariffs

West Texas Intermediate crude futures climbed 0.3 percent to $72.81 a barrel

US Federal Reserve, UAE central bank hold interest rates steady

After cutting the benchmark interest rate a full percentage point last year, the Fed kept it in the current 4.25-4.50 percent range

Egypt’s imports projected at $105 billion and exports at $115.8 billion by 2030, says minister

The country plans to boost growth while reducing inflation and managing internal and external debt ratios

Estonia reaches 100 percent digital government services as UAE aims for 2,000 bureaucratic cuts

Both nations are dedicated to advancing digital transformation and enhancing services for citizens

ADIB reports record $1.66 billion net profit for 2024, up 16 percent

The Bank's Board recommended a cash dividend per share of 83 fils for 2024, amounting to AED3.030 billion