investment

WHO: Over 666 million people still lack electricity despite global progress

The report calls for a renewed focus on scalable, affordable solutions from decentralized solar power to clean cooking technologies

Nvidia’s stock soars over 4 percent as it reclaims top spot by surpassing Microsoft as most valuable company

The chipmaker’s stock rebounded by 63 percent, adding nearly $1.5 trillion in market value this year

Sharjah opens first solar plant ‘SANA’ to produce 60 megawatts of energy

Facility can produce clean energy that would be enough to power about 13,780 homes each year

Over 40 percent of agentic AI projects face cancellation by 2027: Gartner

By 2028, 15 percent of work decisions could be made autonomously by AI 

AI to contribute 20 percent to UAE’s GDP by 2031 with market growing to $46.3 billion

In 2023, the UAE’s AI market was valued at approximately $3.5 billion

U.S. current account deficit hits record high as foreign direct investment plummets to $52.8 billion in Q1 2025

The decrease coincided with heightened business uncertainty over President Trump's tariff proposals and policies.

World Bank approves $146 million grant to restore electricity in Syria

The project will deliver technical assistance to help shape Syria’s electricity sector strategy

How fiscal policy, increased public spending are shaping GCC economic resilience in 2025

Total public spending in GCC countries is projected to reach $542.1 billion in 2025 

Stock market today: Asian shares rise, dollar hovers near four-year low amid Mideast ceasefire

In the Asian stock market, Japan’s Nikkei rose 0.3 percent and Taiwan’s benchmark climbed 1.09 percent

Crude oil prices surge over 1 percent to above $67 amid Middle East stability

Concerns rise over the Strait of Hormuz, through which nearly a fifth of global oil flows

Will the GCC introduce personal income tax after Oman makes the landmark policy shift?

Oman's decision marks a milestone for the region, where tax-free personal income has long been a defining feature of the social contract