economy

Dubai 24-carat gold price today hits three-week peak at AED404.50 as market reacts to trade fears

Gold prices soared as U.S. trade tensions prompted safe-haven demand among investors

OPEC projects $10.6 trillion investment needed for oil sector by 2040

OPEC Secretary General emphasized the need for balanced policies to achieve energy security and climate goals 

Moody’s upgrades Oman’s credit rating to Baa3 with stable outlook, citing improved debt metrics

Oman’s government debt burden fell to 35.5 percent of GDP, continuing an improvement trend since 2020 

UAE, Chad discuss strategies for enhancing collaboration in the financial sector

The meeting included several senior Chadian officials, highlighting strong diplomatic ties between the nations

Masdar City pilots level 4 self-driving vehicles as UAE pushes smart mobility vision

The milestone forms a key part of the Smart and Autonomous Systems Council (SASC) strategy and is overseen by the Integrated Transport Centre (ITC)

Qatar and China boost air traffic efficiency with strategic cooperation agreement

Trade between the two countries surged from $10.6 billion in 2014 to $24.5 billion in 2023 

Dubai real estate: Ultra-prime homes represent 4 percent of market volume in 2025

Notable deals in H1 2025 included a record-breaking AED 425 million sale in Emirates Hills and an AED 300 million beachfront villa on The Palm Jumeirah

Bitcoin surges past $118,000: What’s fueling the crypto market’s optimism?

Institutional investors are returning, viewing Bitcoin as a hedge against economic uncertainty

Emirates leads YouGov 2025 rankings as world’s most recommended brand

Emirates' consistent focus on customer satisfaction is a hallmark of its global success

U.S. unveils 35 percent tariff on Canada amid plans for 15-20 percent blanket tariffs on other countries

Canada is the second-largest U.S. trading partner, purchasing $349.4 billion in goods last year 

MWC25 Doha to showcase AI, 5G, and digital innovation in the Middle East

The event agenda will spotlight the intersection of emerging technologies and economic transformation

Investor confidence fuels 38 percent rise in Dubai residential sales in H1 2025

Average monthly villa transactions rose from 2,189 in H1 2024 to 3,402 this year