investment

Bitcoin falls to $75,741 as Trump’s tariffs trigger stock market plunge

Bitcoin is expected to continue moving similar to equities as global recession fears overshadow any crypto regulatory tailwinds

Stock market downturn: Asia reacts to U.S. tariff plans, recession fears

S&P 500 futures fell 3.5 percent, Nasdaq futures dropped 4.4 percent, increasing total market losses to $6 trillion

UAE announces new tax rules regarding non-resident nexus for corporate regulations

This decision eases compliance for foreign investors and highlights the UAE's commitment to investment appeal

Dubai gold prices up AED0.75, global rates fall to 3.5-week low

Market sell-off continued as investors sold bullion to cover losses amid recession fears from trade war

Oil prices hit four-year low of $63.93 amid Trump tariff fears

Trump intensified trade tariffs, raising worries about slowing economic growth and declining demand

Global AI market to reach $4.8 trillion by 2033: 40 percent of jobs at risk

The report emphasized the need for global AI governance, with 118 countries absent from discussions

Stock market today: Nifty 50, Nasdaq and S&P 500 fall on recession fears

S&P 500 companies lost a combined $2.4 trillion in stock market value amid one of the largest single-day percentage losses in years

Egypt’s construction sector thriving despite PMI mild contraction in March

The Purchasing Managers' Index fell to 49.2 from 50.1 in February 

Saudi travel surplus hits record $13.3 billion in 2024, marking 7.8 percent yearly growth

Surge was fueled by a 13.8 percent increase in inbound visitor spending compared to 2023 

Dubai Land Department, Ajman Free Zones Authority join forces to simplify real estate ownership

Initiative aims to boost transparency and investment, backed by strong legal and administrative protocols

Dubai’s real estate market records 30.3 percent surge in sales to $38.85 billion in Q1 2025

Q1 results were only marginally less than the all-time quarterly sales record of AED147.2 billion in Q4 2024

Abu Dhabi’s TAQA, EWEC propel UAE’s AI strategy and net zero goals with new energy projects

Both companies signed a 24-year PPA to develop the Al Dhafra OCGT project