Middle East

Dubai Industrial City marks 20 years as premier manufacturing and logistics hub in the Middle East

Dubai Industrial City is expanding, adding 13.9 million sq. ft. of industrial land this year

Gold prices set for best week in a year on escalating Russia-Ukraine tensions

The U.S. dollar picked up again, rising to around a 13-month high after gaining 0.17 percent to 107.14

UAE President, King of Jordan discuss bilateral ties and regional developments in Abu Dhabi

Both leaders affirmed support for Lebanon's unity and sovereignty, expressing solidarity with its people

Gold prices rise for fourth day straight as Russia-Ukraine tensions escalate

The U.S. dollar index fell 0.11 percent to 106.57, making gold prices more appealing for other currency holders

UAE sustains role as key regional hub for trade, business, travel: World Bank

This prominence is due to the country's successful economic diversification and reduced reliance on oil 

Gold prices at one-week high on softer dollar

Geopolitical risks stemming from the Russia-Ukraine war and the ongoing conflicts in the Middle East continue to raise safe-haven demand for gold

UAE, Brazil strengthening bilateral relations and collaboration in G20 for global development

The UAE is Brazil's largest Middle Eastern partner, with trade at AED13.28 billion in the first eight months

Lebanon sees $8.5 billion in physical damages, economic losses amid conflict: World Bank

Damages to physical structures alone amount to $3.4 billion while economic losses have reached $5.1 billion

Gold prices set for worst week in over three years

Data on Thursday showed that U.S. producer prices picked up in October, adding to signs that progress toward lower inflation was stalling

Profitability, asset quality to boost GCC banking sector resilience in 2025: S&P

Brent oil price will average $75 per barrel in the fourth quarter of 2024 and over 2025-2027, which will be helpful for most GCC countries

Global South presents sustainable investment opportunities for Middle East sovereign wealth funds: Report

In the Global South, critical areas like water and sanitation, food security, education, forestry, and biodiversity conservation, remain largely untapped

Sheikh Maktoum, Visa’s Oliver Jenkyn meet to advance innovation in fintech and digital financial services

This meeting underscores the UAE's commitment to collaborating with global fintech leaders to foster innovationÂ