economy

Global M&A deal value poised to hit $3.5 trillion in 2024: Report

This marks a 15 percent increase from the previous year and aligning with levels seen in the mid-2010s

Dubai: Hatta Winter initiative features 30 unique entrepreneurial projects

Pioneering businesses are receiving support to explore growth opportunities and boost their visibility

Saudi Arabia excels at navigating labor market challenges, new report finds

The Kingdom is committed to workforce development under Vision 2030, emphasizing diversification, job creation, and competitiveness

AD Ports appoints Egyptian contractor to build infrastructure for Noatum Ports – Safaga Terminal

The terminal will handle 450,000 TEUs, 5 million tons of dry bulk, and 1 million tons of liquid bulk

OPEC Fund signs first loan agreement with Montenegro for $52 million to enhance climate initiatives

The loan is aimed at enhancing fiscal sustainability and facilitating the green transition in the southeastern European nation

Dubai DET, IHG Hotels & Resorts partner for joint marketing and training initiatives

Both organizations will develop tourism products highlighting Dubai's unique attractions, like cultural tours and seasonal packages

Gold reserves at CBUAE surpass $6.3 billion in Q3 2024

Reserves grew month-on-month by $316.9 million

Crude oil prices fall 0.6 percent following Fed’s 0.25 basis point rate cut

Brent oil futures for February delivery decreased by 0.5 percent to $73.02 per barrel

Abu Dhabi, United States strengthen trade ties under new agreement

Partnership marks a significant milestone in facilitating the import and export of raw materials, services and technology

Emirates NBD launches $500 million sustainability bond on Nasdaq Dubai

The bond is the world’s first SLLB issued under the new ICMA/LMA framework

DP World begins maritime works on $1.2 billion Senegal port

An economic zone is set to be established near the Ndayane port and Blaise Diagne International Airport

UAE launches unified numbers project to enhance data utilization in policy-making

The initiative provides accurate data on GDP, inflation, foreign investment, and infrastructure rankingsÂ