Europe

Italy fines OpenAI $15.59 million for privacy violations

Last year, Italy became the first Western country to block OpenAI's ChatGPT over privacy concerns

Bank of England maintains 4.75 percent interest rate, hints at future gradual cuts

The Bank indicated that the economy underperformed, reporting no growth from October to December

Crude oil prices face weekly decline of over 2 percent amid Fed’s demand concerns

Brent oil futures set to expire in February slipped 0.5 percent to $72.49 a barrel

Wizz Air Abu Dhabi launches new route to Bucharest Băneasa Airport from March 2025

The airline improved accessibility for UAE residents traveling to Bucharest, Romania's capital

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

Top holiday travel destinations for UAE residents in 2024

Cities like London, Bangkok, and Istanbul enchant UAE travelers with culture and holiday cheer 

Crude oil prices show little movement ahead of Fed meeting

Brent oil futures for February delivery held steady at $73.20 a barrel

UAE, global gold prices rise with Fed’s policy decision in focus

Market focus is on the bank's economic projections and the dot plot which may offer additional insights into the monetary policy trajectory

UAE, global gold prices show minimal movement ahead of Fed meeting

Gold consolidated between $2,600 and $2,700 as traders bought dollars before key central bank meetings

ECB cuts interest rates again amid euro zone economic challenges

The ECB unanimously decided to reduce the deposit rate by 25 basis points

Global gold prices dip from over one-month high, UAE rates rise on rate cut bets

Traders currently expect a 98.6 percent chance that the Fed will cut rates by 25 basis points

Oil prices decline as OPEC+ prolongs supply cuts

Brent crude futures for February delivery fell by 0.4 percent to $71.80 a barrel

Oil prices edge up amid U.S. inventory draw, OPEC+ meeting in view

Brent crude futures, set to expire in February, climbed by 0.1 percent to $72.37 a barrel

Saudi Arabia Crown Prince meets French President, executives from top French companies

Meeting addressed efforts to combat desertification and the exchange of innovative expertise and technologies

Oil prices fall modestly as U.S. inventories rise, OPEC+ meeting approaches

Brent oil futures for February delivery dipped 0.1 percent to $73.58 a barrel

Saudi Arabia, France form strategic partnership council to bolster cooperation in key sectors

FDI flows from France to Saudi Arabia amounted to more than SAR11.2 billion in 2023

Oil prices climb on positive data from China; OPEC meeting on the horizon

Brent crude futures for February increased by 0.3 percent to $72.02 a barrel

Australia’s social media ban for minors: How does it compare to other countries

The new law requires social media platforms to block users under 16 or face fines up to $32.2 million for non-compliance

Abu Dhabi’s Masdar completes acquisition of TERNA ENERGY

The agreement, priced at EUR20 per share, values TERNA ENERGY at an enterprise value of EUR3.2 billion ($3.4 billion)

Oil prices face weekly decline amid easing Middle East tensions, anticipation of OPEC+ meeting

Brent crude futures for January fell by 0.1 percent to $73.21 per barrel

UAE National Day: Popular travel destinations for the long weekend

Mumbai and Kochi topped the list this year for their vibrant atmosphere, rich cultural diversity, and convenient travel times

Oil prices remain steady amid mixed U.S. inventory data, easing Middle East tensions

January Brent oil futures dipped 0.1 percent to $72.78 a barrel

Oil prices plunge amid ceasefire hopes, dollar surge

Brent oil futures set to expire in January dropped by 0.3 percent to $72.80 per barrel