Europe

Markets surge after ECB cuts interest rates for fifth time to 2.75 percent

Eurozone stagnation due to industrial recession leads ECB to continue its easing trajectory

DeepSeek under fire in Europe as Ireland and Italy investigate data handling

Both regulators united against China’s AI chatbot over data protection issues

UAE gold prices gain AED0.25, global rates rise ahead of key U.S. inflation data

Fed signaled no rush in lowering borrowing costs until inflation and jobs data made it appropriate to begin another easing cycle

Estonia reaches 100 percent digital government services as UAE aims for 2,000 bureaucratic cuts

Both nations are dedicated to advancing digital transformation and enhancing services for citizens

NEOM secures $3 billion financing facility with Italy’s SACE to support key projects

Deal marks NEOM's first corporate ECA financing and the largest untied financing ever guaranteed by SACE

Oil prices climb 0.2 percent to $77.21 after steep losses amid Trump concerns, demand uncertainty

DeepSeek questions the need for data center investments, suggesting fewer centers may lower energy demand

Saudi Arabia Crown Prince, Italy Prime Minister ink agreement to establish Saudi-Italian Strategic Partnership Council

Saudi-Italian high-level roundtable resulted in the signing of 26 memoranda of understanding across key industries

Oil prices decline 1.2 percent to $77.59 as Trump’s policies, China’s weak data impact market

Oil markets faced pressure from weak PMI data from China, indicating ongoing struggles in business activity

UAE concludes participation in 2025 World Economic Forum: Highlights and impact

The UAE and WEF signed an MoU to establish the Global Regulatory Innovation Platform

The impact of macroeconomic indicators on forex pairs linked to GCC currencies

Explore how regional macroeconomic indicators affect currency pairs involving GCC currencies like the AED and SAR

ChatGPT outage resolved after significant disruption

The recent ChatGPT outage followed the announcement of the $500 billion Stargate project by OpenAI

WEF 2025: UN Secretary-General highlights global threats of climate crisis, unregulated AI

He emphasized international collaboration, citing the Global Digital Compact as a framework for responsible digital technology use