economy

GCC inflation reaches 1.7 percent by end of October 2024, reports GCC-Stat

Annual inflation is driven by housing prices up 6.4 percent, goods and services 3 percent, hotels 1.7 percent

Saudi Arabia’s GDP up 1.3 percent in 2024, driven by non-oil sector growth

The growth stemmed from a 4.3 percent rise in non-oil and a 2.6 percent increase in government activities.

Dubai real estate: Residential prices grow 19 percent, office rents climb 9.1 percent in 2024

The number of homes available for sale in the $10 million+ bracket fell 40 percent, down to only 2,491 homes over the last 12 months

Expand North Star 2025 global promotional campaign kicks off in U.S.

As part of the campaign, a startup pitch competition featured 20 innovative companies

ADQ drives Abu Dhabi’s growth amid critical infrastructure, supply chains expansion

Sheikh Tahnoon commended ADQ’s contributions to building global business platforms, focusing on critical infrastructure and supply chains to drive growth

Saudi Arabia’s liquidity grows 9 percent to $778.6 billion in 2024

Demand deposits, which constitute the largest share, accounted for 49.3 percent of the total liquidity at SAR1.440 trillion

UAE gold prices up AED0.25, global rates rise on dollar weakness

Concerns over a potential global trade war shifted investors to safe-haven assets, raising gold prices

Oil prices fall to $70.10 on weak Chinese inflation, Trump tariffs

West Texas Intermediate crude futures saw a similar decline of 0.4 percent to $66.48 a barrel

UAE’s insurance sector to grow 20 percent in 2025: S&P

Leading UAE insurance firms invest heavily in automation and digital transformation to enhance efficiency and competitiveness

Sheikh Khaled attends first Majlis Mohamed bin Zayed Ramadan session, titled ‘The Future of Finance in the Age of Intelligence’

The session examined the ways in which artificial intelligence is revolutionizing the banking landscape

Fifth edition of Investopia to take place in Abu Dhabi from March 31 to April 2, 2026

H.E. Al Marri: The 4th Investopia edition successfully opened new global investment opportunities in emerging sectors

UAE’s GPSSA announces early pension payments for March 2025

GPSSA's early disbursement shows commitment to timely pension payments and appreciation for retirees' contributions