Middle East

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

UAE economy set to grow 4 percent annually through 2028: S&P Global

The UAE economy's growth is driven by non-oil sector activity and rising oil production

Skytrax names Emirates as the 4th best airline in the world for 2025

Emirates was named the 3rd most family-friendly airline in the world

flynas named best low-cost airline in Middle East for 8th consecutive year: Skytrax

The airline was also among the top 10 low-cost airlines in the world

Global investors convene in Abu Dhabi to explore infrastructure opportunities at ADIS 2025

ADIS 2025 brought together over 70 global speakers, 30-plus exhibitors, and a diverse assembly of policymakers, investors, innovators, and industry leaders from around the world

Bahrain’s Gulf Air extends flight cancellations to two countries amid rising regional tensions

The airline canceled flights to Jordan and Iraq until June 27 as safety remains a priority

Dubai 24-carat gold price today holds steady above AED407 amid rising Middle East tensions

Analysts predict gold prices could reach $3,700 per ounce by the end of 2025