economy

OPEC forecasts global oil demand growth of 1.38 million bpd for upcoming year amid U.S. output decline

Supply growth from non-OPEC+ producers is projected to decrease, affecting overall market balance.

UAE real estate: Soaring demand drives $2.7 million+ office sales growth in Dubai, Abu Dhabi

In H1 2025, Dubai completed 83 office sales over AED10 million, marking a 207 percent increase

U.S. crude production to reach record 13.41 million bpd as oil demand rises to 20.4 million bpd in 2025

A decline in oil prices is expected to lead to a decrease in output in 2026

Future Minerals Forum 2026 set for January 13-15, elevating Saudi Arabia’s role in global mining

Minister Bandar Alkhorayef emphasizes the forum’s role as a collective call to action for mineral sourcing

Stock market today: U.S. indexes surge as European markets show resilience, Asian stocks open higher

Global stock markets showed positive trends driven by optimistic investor sentiment and easing trade worries 

Dubai 24-carat gold price today climbs to AED404.25 following U.S. inflation data release

U.S. inflation data met expectations, influencing traders' outlook on potential Fed rate adjustments

Sukuk’s moment: Navigating growth and innovation in a $1.2 trillion market

From Malaysia to Türkiye, Sukuk issuance continues to expand, driven by sovereigns, supranationals, and increasingly, corporate and quasi-sovereign entities

Crude oil prices see slight uptick to $66.18 as crude stockpiles increase, OPEC and EIA outlooks weigh

U.S. crude inventories rose by 1.52 million barrels last week, signaling changing market dynamics

How Saudi Arabia’s new property ownership law signals shift in foreign investment strategy

Changes to foreign ownership rules highlight the Kingdom's commitment to diversifying its economy and housing market.

Bahrain: Investor confidence grows as GDP rises 2.7 percent in Q1 2025

Driven by 5.3 percent oil and 2.2 percent non-oil activities

Kuwait: New four-tier visa system to support travelers of varying nationalities and purposes

The streamlined process allows online applications and quick approvals, boosting accessibility for all visitors

ADIPEC 2025 set to welcome over 205,000 attendees, 2,250 exhibitors in Abu Dhabi

The event will continue to promote a balanced energy approach by championing all viable energy sources and technologies that support sustainability, affordability, and low-carbon development