economy

UAE-Kuwait week to boost bilateral relations amid $86.3 billion trade growth

The event will be hosted at Jumeirah Emirates Towers in Dubai on February 3 to 4

Egypt and Iraq sign 12 MoUs to boost trade, investment

Agreements ecompass land transport for passengers and goods, promoting competition and addressing monopolistic practices

Dubai’s Mashreq Bank reports 4 percent increase in net profit to $2.45 billion in 2024

The bank's net profit before tax reached $2.7 billion, marking a 12 percent rise

Oil prices rise 0.4 percent to $77.21, head for weekly losses with focus on Trump tariffs and PCE data

Attention focused on key U.S. PCE inflation data later today for clues on interest rates

Markets surge after ECB cuts interest rates for fifth time to 2.75 percent

Eurozone stagnation due to industrial recession leads ECB to continue its easing trajectory

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