Skip to main content Skip to footer Brent crude futures for June delivery gained 48 cents, or 0.5 percent, settling at $90.58 per barrel
The report indicates the UAE's current account surplus is expected to reach 8.4 percent in 2024 and 8.3 percent in 2025
Region must tackle important structural reform agenda to ensure peace and stability
The official reserves at the end of March 2024 increased by $3.11 billion
This marks a substantial growth compared to $1.05 billion in the same period in FY 2022/2023
This represents an increase from $35 billion in the previous year
Brent oil futures expiring in June rose by 0.6 percent to reach $90.89 per barrel
Month-on-month, prices rose by 1.0 percent in March, down from 11.4 percent in February
The minimum wage increase reflects commitment to safeguarding workers' interests
Georgieva's current term is set to expire in September 2024
The sector will surpass its previous record by an additional $770 billion, the report says
Significant contribution of family-owned businesses to this growth
The rise in prices is fueled by geopolitical tension and supply concerns
The manufacturing sector struggles, faces deeper downturn
The reserves surged by 14.4 percent
The market anticipates four ECB rate cuts, first in June
Education again saw the highest cost inflation at 104 percent year-on-year
PMI data shows growth in export orders, slow employment decline
China and U.S. demand boost prices amid Middle East conflict
The data center projects will boast a total capacity of up to 1,000 megawatts
The UAE's historic score of 7.7 sets a new record, making it the highest in the history of the report
This figure surpassed the previous peak of $17.57 billion in 2018
Globally, spot gold remained stable at $2,195.34 per ounce
The government's price reduction plan is set to ease burden on citizens