Middle East

MasterMind Awards 2025: Dubai hosts prestigious celebration of leadership and innovation

The event celebrated excellence across industries, reaffirming the UAE’s dedication to innovation, leadership empowerment, and global progress

MENA business travel to grow 6.1 percent in 2025, market to hit $270.8 billion by 2030

April and May were the busiest months in the first half of the year, largely due to the return of business travel after Ramadan

UAE fuel prices for July 2025 reveal increases in petrol and diesel rates

Super 98 petrol will now cost AED2.70 per litre, increasing from AED2.58 in June

Crude oil prices fall 0.19 percent above $67.6 as Middle East tensions ease, OPEC+ plans increase

The market has largely eliminated the geopolitical risk premium after the ceasefire announcement

Dubai 24-carat gold price today hits AED394.50, global rates rise 0.14 percent following U.S.-China deal

Investors await Federal Reserve comments for future direction amid fluctuating gold prices

Dubai Chamber explores global expansion opportunities for local companies in Armenia, Georgia, Malaysia, and Cambodia

Dubai Chamber contributes to enhancing the competitiveness of the private sector and accelerating the growth of the emirate’s non-oil foreign trade

Abu Dhabi Fund for Development signs $205 million GCC power grid expansion

The project is a key component of the UAE’s long-term strategy to diversify and modernize its energy infrastructure, in alignment with the UAE Energy Strategy 2050

Jordan’s economic growth outpaces forecasts as IMF releases new funds

Jordan continues to make progress with a gradual fiscal consolidation and strengthening fiscal sustainability

Qatar Airways resumes scheduled service in record time, says CEO

Within just 18 hours, scheduled operations had resumed, the CEO said

Oil prices rise 0.33 percent to $67.9 as dip in U.S. crude stocks signals strong demand

Crude inventories dipped 5.8 million barrels, the EIA said, exceeding analysts' expectations for a 797,000-barrel decline

UAE and GCC airlines update: Some flights remain suspended or rerouted after ceasefire

GCC airspace reopens, yet Emirates and flydubai continue to suspend flights to several crucial routes 

World Bank approves $146 million grant to restore electricity in Syria

The project will deliver technical assistance to help shape Syria’s electricity sector strategy