investment

UAE-U.S. partnership marks half century with $32.8 billion bilateral non-oil trade milestone

The U.S. is the UAE’s 6th largest trade partner, accounting for 4 percent of non-oil trade

Hyundai and Saudi Arabia’s PIF launch $500 million car factory to produce EVs by 2026

PIF holds a 70 percent stake in HMMME, while Hyundai possesses the remaining 30 percent

Trump, Qatar seal $1.2 trillion deal focusing on aviation, energy and tech

Qatar Airways signed a $96 billion agreement with Boeing and GE Aerospace to acquire up to 210 aircraft

U.S. President departs Riyadh following a ‘historic’ visit

Key discussions centered on defense, energy, technology, and space collaborations between the nations

GCC-U.S. Summit: Saudi Crown Prince highlights $120 billion trade volume with U.S.

The Middle East is experiencing a historic transformation under Saudi leadership, said U.S. President Trump

Qatari Amir arrives in Riyadh for GCC-U.S. Summit

The summit aims to enhance Gulf cooperation and deepen the strategic U.S. partnership

Abu Dhabi’s EMSTEEL delivers $599 million in revenue for Q1 2025

Profit before tax was $25.6 million, with net profit after tax amounting to $23.4 million

HUMAIN, AWS unveil $5 billion AI Zone in Saudi Arabia to accelerate global AI leadership

The new AI Zone aligns with Saudi Arabia’s Vision 2030 and economic transformation goals

Trump celebrates historic ties with Saudi Arabia in Diriyah following $600 billion investment announcement

Saudi-U.S. relations deepened as Trump secured $600 billion investment commitment to the Kingdom

Crude oil prices dip to $66.24, near two-week highs amid U.S.-China tariff optimism

Expectations of a significant increase in U.S. oil inventories tempered optimism in the market for now

Dubai gold price today falls AED3.25 amid easing trade tensions

Positive developments in U.S. trade policy are diminishing the appeal of gold in the short-term