Middle East

UAE gold prices inch upwards as global rates decline on geopolitical uncertainty

Gold prices have established a support base around the $2,280 mark over the past week

Oil prices up amidst global tensions, concerns about sluggish demand and reduced supplies

Brent oil futures expiring in July had risen by 0.5 percent to reach $83.73 per barrel

Oil prices inch up as Saudi Arabia increases June crude prices

Brent crude futures rose by 28 cents, or 0.3 percent, reaching $83.24 per barrel

Iraq’s first solar power plant moves forward

To provide clean electricity enough to power 350,000 homes

IHG thrives in the Middle East’s booming travel and tourism market

Leading hospitality brand to open 70 hotels in the region in the next few years

Hilton accelerates growth in the Middle East

New openings to bolster its position as a leading hospitality brand in the region

Four Seasons’ people and culture of service are drivers of hospitality group’s success

Innovative offers – from jet to yacht experience – continue to excite guests from around the world

Miral: Championing Abu Dhabi’s tourism aspirations with group CEO Mohamed Al Zaabi

The company is behind the innovative and immersive experiences on Yas and Saadiyat Islands

The Middle East: Rise of a tourism powerhouse

Middle Eastern destinations, including Dubai, Abu Dhabi, and emerging hotspots like Riyadh and Ras Al Khaimah, saw significant tourist inflows in 2023

China’s Xinxing Ductile to invest $400 million in Egypt within 5 years

In April, SCZONE laid the foundation stone of the Xinxing Ductile Iron Pipes Corporation’s factory

Oil prices edge up on prospects of OPEC+ maintaining output cuts

OPEC+ is likely to extend its voluntary oil output cuts of 2.2 million barrels per day beyond June

UAE gold prices rise as global rates inch up ahead of key U.S. payroll data

Diminishing geopolitical concerns and a reevaluation of interest rate expectations impact bullion