Middle East

UAE pioneering future of financial services through AI innovation

UAE has emerged as a leading nation in the development of technology and AI-driven solutions

First regional centre of excellence for food security coming to UAE

This development is crucial for fostering innovation and strategic reform in food systems throughout the region

SuperBridge Summit 2024 kicks off tomorrow: Innovating for Next Gen with insights on economic power, technology, and leadership

With 70 speakers from various industries, the two-day summit will inspire and empower the next generation of leaders

UAE driving global leadership in green finance, ESG Sukuk

The country has pledged to mobilize AED1 trillion by 2030 to fund sustainable projects

Oil prices fall on weak Chinese data and Middle East instability

Brent oil futures for December delivery dropped by 1.8 percent, settling at $77.65 per barrel

Oil prices dip amid strong U.S. inflation data, yet remain on track for weekly gains due to Middle East tensions

Brent crude futures for December delivery dropped 0.5 percent to $78.98 a barrel

UAE, global gold prices rise as U.S. inflation data supports November rate cut

Market focus now shifts to U.S. Producer Price Index (PPI) report due today

Outstanding global sukuk up 8.5 percent to $900 billion in Q3 2024, says Fitch

Fitch expects rates to reach 4.5 percent at the end of 2024 and 3.5 percent at the end of 2025, boosting Q4 and 2025's issuance activity

ADNOC Gas leverages 3D printing for 3,500 components, aiming for $50 million in savings by 2028

The adoption of 3D printing offers a sophisticated digital solution for quickly producing high-quality components 

UAE gold prices down, global rates inch up ahead of key U.S. inflation data

Traders are currently pricing an 84.7 percent chance of a 25-basis-point cut in November

Oil prices rise after two-day decline amid Middle East tensions, expected Chinese stimulus

Brent crude futures for December delivery climbed 0.4 percent to $76.89 a barrel

Middle East is betting big on tech

The region's view of a tech-driven future is expanding, fueled by strong public-private synergy