Europe

Amnah Ajmal on leadership, technology, and driving change beyond finance

The Mastercard EEMEA executive shares her over two-decade journey of breaking barriers and redefining leadership

Halo AI secures $6 million to expand brand creator collaborations beyond Saudi Arabia

The company aims to expand into Dubai and Kuwait, targeting growth in MENA, Europe, and North America

UAE and New Zealand sign CEPA, targeting $5 billion bilateral trade by 2032

This agreement seeks to reduce trade barriers, enhance customs procedures

IMF forecasts steady global economic growth, continuing disinflation in 2025

Georgieva noted that the U.S. economy is performing "quite a bit better" than anticipated

Global economic growth to remain at 2.8 percent in 2025, says UN

Western Asia's economy is set to strengthen to 3.5 percent in 2025, driven by improved prospects in Saudi Arabia and Türkiye

Oil prices surge to $81.22 due to potential supply disruptions, cold weather

Crude oil WTI Futures expiring in March increased by 1.7 percent, hitting $77.06 a barrel

Oil prices rise by 0.4 percent driven by increased heating fuel demand, cold weather across U.S.

Brent oil futures set to expire in March climbed by 0.4 percent to reach $77.22 per barrel

Egypt’s net foreign reserves surge to $47.109 billion in December 2024

At the close of August 2024, Egypt's net international reserves reached $46.597 billion

Egypt receives first $1.03 billion EU funding installment

Discussions are currently in progress to approve a second tranche of $4.14 billion

Egypt approves $131 million agreement with AfDB for private sector development

This approval follows a EUR1 billion EU support initiative endorsement

UAE gold prices stable at AED315.15 amid thin year-end trading, set for strong annual gains

22-carat gold stood at AED 292.25, 21-carat gold was priced at AED 283, while 18-carat gold was at AED 242.50