economy

Dubai Chambers explores enhancing trade, investment ties with EU amid free trade talks

The roundtable highlighted the growing economic relations between Dubai and the EU

Saudi Arabia, China strengthen financial cooperation in tax policy and capital markets

Discussions aimed at strengthening bilateral ties and improving international financial institutions

Syria needs at least $1 trillion to rebuild economy, says minister

Al-Shaar said the World Bank's estimate of $400 billion for rebuilding the economy is insufficient

UAE Future 50 initiative launched to support Emirati startups in future-focused sectors

Initiative aims to highlight promising Emirati startups by providing targeted support to accelerate their growth

Dubai Gold and Commodities Exchange joins Arab Federation of Capital Markets committee

By joining the committee, DGCX aims to boost trading volumes and improve market liquidity

AI job disruption and trade tensions raise global economic uncertainty, WEF warns

WEF’s economic outlook revealed 47 percent of economists anticipate job losses due to AI transformation

Oman public revenues reach $6.85 billion by end of Q1 2025 

Net oil revenue totaled OMR1,468 million at the end of Q1 2025, marking a 13 percent drop 

Abu Dhabi’s non-oil sector activity to drive 2.5 percent GDP growth in 2025, says S&P

S&P Global Ratings said the emirate’s sovereign credit rating for both foreign and local currency is AA/Stable/A-1+

Ras Al Khaimah’s GDP to hit 4.3 percent in 2027-2028 on strong tourism, real estate: S&P

The emirate's economic growth will weaken modestly to average 3.3 percent in 2025-2026

UAE President, Lebanese PM discuss bilateral relations, explore new avenues for cooperation

The meeting at Qasr Al Bahr addresses regional stability and security for the benefit of both nations

Crude oil prices rise above $63.85 amid supply risks from Venezuela, OPEC+ expectations

Investors weigh supply risks after U.S. bars Chevron from exporting Venezuelan crude oil under new authorization

Dubai 24-carat gold price today rises AED1.5 as market awaits key economic data

Spot gold was up 0.3 percent at $3,308.99 an ounce as of 0237 GMT, recovering slightly