Middle East

Saudi Arabia launches massive summer 2025 tourism campaign to attract global visitors

Saudi Arabia's “Color Your Summer” invites visitors to explore six key destinations that offer a seamless blend of nature, adventure, and culture

Global green building network rolls out new digital tool to support climate-resilient goals

The tool is intended to serve as both a diagnostic instrument and a platform for coordinated action between now and COP30

Egypt aims for 4.5 percent economic growth as parliament passes FY2025/26 development plan

Real GDP growth is projected to rise from 2.4 percent in FY2023/24 to 3.8 percent in FY2024/25, then to 4.2 percent and 4.6 percent in FY2025/26 and FY2026/27, respectively, according to World Bank projections

Oil prices fall $1.64 after U.S. delays decision on involvement in Mideast conflict

Trump will decide whether the U.S. will get involved in the Israel-Iran conflict in the next two weeks, the White House said

Dubai gold prices fall AED1.75, global rates dip 2.2 percent this week on fewer Fed rate cut prospects

A stronger dollar and prospects of fewer U.S. interest rate cuts weighed on investor sentiment this week

Google contributes over $5.9 billion to UAE economy in 2024: Report

Google’s AI tools significantly enhanced productivity for individuals and enterprises in the UAE 

OPEC Fund unveils $720 million financing to support global development initiatives in several countries

A $212 million loan with Oman will improve connectivity through the Khasab–Daba–Lima Road Project 

World Bank projects stronger medium-term growth across GCC economies

The GCC's rebound is expected to be fueled by the phasing out of OPEC+ oil production cuts and continued expansion in non-hydrocarbon sectors

ADPIC signs MoUs with top UAE universities to boost infrastructure innovation

The partnerships underscore ADPIC's commitment to fostering innovation, developing local talent, and enhancing knowledge exchange

Future cities in focus: Key takeaways from the final day of ADIS 2025

ADIS 2025 has firmly positioned itself as a leading global forum for infrastructure dialogue, demonstrating Abu Dhabi’s bold and forward-looking urban development agenda

Crude oil prices fall to $76.52 as investors weigh potential U.S. involvement in Mideast tensions

Lower Iranian supply and risk of wider disruption could push Brent crude above $90, said Goldman Sachs.

Dubai 24-carat gold prices dip to AED406.75, global rates ease as Fed keeps rates steady

Gold, which hit a record high of $3,500 in April, has moved into a consolidation phase while awaiting the next potential bullish trigger