economy
Abu Dhabi and Kuwait lead in managing sovereign wealth funds, influencing the regional financial landscape
The Kingdom saw over 1.7 million video game consoles imported in 2024 alone
The Consumer Price Index showed stability in July, with most prices unchanged since June 2025
The real estate sector, a cornerstone of Dubai’s economic structure, grew by 7.8 percent in Q1 2025
Total loans issued reached $184.3 million, an increase of 60 percent YoY
The group handled 27.4 million TEU, marking a 7.5 percent increase year-on-year across terminals
Abu Dhabi TAQA’s revenue rises 4.5 percent to $7.7 billion in H1 2025, net income reaches $1 billion
The group’s EBITDA reached $2.8 billion
The U.S. dollar dropped to a two-week low against a basket of major currencies amid changing expectations for Fed rate cuts
The facility will take three years to complete, targeting 10 million tires annually
COVID-19 accelerated the national debt surge, surpassing earlier projections by years and alarming experts
Markets are currently pricing in a 94.2 percent chance of a 25-basis-point cut in September
