economy

J.P. Morgan cautions on 40 percent U.S. recession risk amid policy uncertainty

Kasman: “Where we stand now is with a heightened concern about the U.S. economy" 

UAE GCAA issues region’s first regulation for certifying air navigation service providers for drones

The new regulation includes all essential elements for certifying drone air navigation service providers

World Bank presents $1 billion program for Lebanon reconstruction

Reconstruction and recovery requirements following the conflict that affected Lebanon are estimated at $11 billion

Nasdaq Dubai welcomes $1 billion sukuk listing by Government of Ras Al Khaimah

The issuance attracted strong investor interest, with orders exceeding $4.4 billion, reflecting market confidence

Ripple secures Dubai license to offer crypto payments in UAE

The approval enables Ripple’s compliance-first global payments product to be accessible for businesses in the UAE

Canada to impose $20.7 billion retaliatory tariffs on U.S.

Canada stands as the largest foreign supplier of steel and aluminum to the U.S.

CBUAE: Gross banks’ assets rise 2.4 percent to $1.24 billion at end of December 2024

CBUAE reported M1 money supply rose 2.3 percent to $257.7 billion by December 2024

UAE gold prices up AED3, global rates rise on tariff uncertainty

Trump's tariffs may fuel inflation, pushing safe-haven gold to a record high of $2,956.15

Oil prices steady after rising above $70; recession and oversupply fears linger

Crude prices rose from three-year lows, aided by improving sentiment and a weaker dollar