Middle East

Dubai DET, IHG Hotels & Resorts partner for joint marketing and training initiatives

Both organizations will develop tourism products highlighting Dubai's unique attractions, like cultural tours and seasonal packages

UAE, global gold prices rise with Fed’s policy decision in focus

Market focus is on the bank's economic projections and the dot plot which may offer additional insights into the monetary policy trajectory

Economy Middle East and ADGM sign MoU announcing return of Economy Middle East Summit in 2025

Building on the inaugural summit's success, this partnership aims to strengthen the UAE's role as a global economic and innovation hub

OPEC Fund authorizes nearly $1 billion in new development financing

These initiatives support global nations by improving infrastructure, food security, renewable energy, and economic resilience

UAE, global gold prices show minimal movement ahead of Fed meeting

Gold consolidated between $2,600 and $2,700 as traders bought dollars before key central bank meetings

DIEZ’s Tradeling acquires Axiom Telecom to fuel growth in MENA’s e-commerce market

Tradeling, MENA’s largest B2B e-commerce platform, poised for annual revenue of over AED2 billion

Middle East aviation market size to reach $33.7 billion by 2029

Airports across the region are expanding to meet growing demand, with a total project value of over $1.3 trillion

UAE, global gold prices rise ahead of Fed meeting

Traders are pricing a 93.4 percent chance of a quarter-point cut during the Fed's December 17-18 meeting

Raising the bar for educational outcomes using Alef Education AI-powered solutions

Transforming the education system in public and private schools worldwide

Mastercard brings Apple Pay to customers in Egypt

Apple Pay is available with the National Bank of Egypt, Banque Misr and Commercial International Bank

UAE gold prices down, global rates set for weekly gain ahead of Fed’s verdict

In five days, the Federal Reserve will meet to decide on whether to cut interest rates this month

UAE healthcare sector aims for 20 percent carbon emission reduction by 2030: Report

New study urges healthcare to adopt sustainability to reduce emissions, energy use, and waste

Global gold prices dip from over one-month high, UAE rates rise on rate cut bets

Traders currently expect a 98.6 percent chance that the Fed will cut rates by 25 basis points

Oil prices surge modestly amid China’s stimulus optimism and U.S. economic indicators

Brent crude futures for February delivery ascended by 0.4 percent to $72.47 a barrel

Gold prices fall from two-week high ahead of key U.S. inflation data

Inflation data could help set market expectations for the Fed's 2025 policy

Gold prices rise on China’s pledges for additional policy stimulus

Traders currently see an 89.5 percent chance of a Fed rate cut this month

Oil prices slip as market reacts to China’s stimulus and Middle East instability

Brent oil futures for February delivery decreased by 0.2 percent, settling at $72.00 per barrel

Oil prices rise on Middle East uncertainty despite weaker China demand

The number of oil and gas rigs deployed in the U.S. last week hit the highest since mid-September

Oil prices decline as OPEC+ prolongs supply cuts

Brent crude futures for February delivery fell by 0.4 percent to $71.80 a barrel

Gold prices set for second weekly decline amid rate cut uncertainty

Markets currently see a 70.1 percent chance of a 25-basis-point cut by the Federal Reserve in 12 days

AI in sports forecasted to hit $19.2 billion by 2030: Report

AI expected to generate $8.5 billion for GCC media and entertainment by 2030

Oil prices edge up amid U.S. inventory draw, OPEC+ meeting in view

Brent crude futures, set to expire in February, climbed by 0.1 percent to $72.37 a barrel

Why MENA business leaders must prioritize mental health in their strategy

PwC’s Hopes and Fears report reveals that only 33 percent of employees in the Middle East feel their well-being is a priority at work