economy

Crude oil prices climb to $67.55 on strong U.S. demand as tariff concerns persist

U.S. crude stockpiles declined by 3 million barrels to 423.7 million in the week ending August 1

U.S. trade deficit narrows by 16 percent in June to $60.2 billion as tariff rates surge to highest since 1934

Exports of goods and services totaled $277.3 billion in June, reflecting ongoing economic adjustments

UAE inks agreement to empower Emirati professionals with global standards in accounting and financial management

The partnership emphasizes the importance of investing in human capital for sustainable development

Riyadh launches mandatory infrastructure projects code to standardize regulatory guidelines

The code enhances safety and compliance while minimizing disruptions to daily urban life.

WHX Dubai, WHX Labs to gather 270,000 leaders from 180 nations in February 2026 to tackle global healthcare challenges

Last year’s event generated $2.57 billion, showcasing the immense business potential in healthcare.

Gold prices rise 27 percent this year, but is the rally over?

Key drivers that have propelled metals higher in recent years remain intact, and additional tailwinds could emerge in the second half

Stock market update: Tariff jitters cause U.S. volatility; Asian and European markets show resilience

Investors remain cautious while hoping for negotiation breakthroughs and more accommodating monetary policy

Dubai 24-carat gold price dips to AED407, global rates decline as investors await Trump’s Fed appointments

U.S. dollar strength dampens gold's appeal, with spot gold trading slightly down at $3,376.01 per ounce

Crude oil prices surge above $68.1 as India faces U.S. pressure over Russian oil purchases

OPEC+ agreed to boost oil production by 547,000 barrels per day for September, ending cuts

Dubai real estate: Property market sees 8.4 percent price surge in H1 2025, transactions top 93,000

Resale activity gained ground, with 33,721 resale transactions completed in H1 2025, up 19.2 percent year-on-year

Egypt’s net international reserves surge to $49.036 billion in July 2025, highest in years

Over three months, Egypt’s reserves grew by approximately $1.2 billion from $47.82 billion in May

Abu Dhabi property market booms with villa prices up 10.1 percent, off-plan sales jump 53.1 percent 

Rental values increased significantly, with apartment rents rising 12.5 percent YoY in 2025Â