trading

Saudi Arabia and Indonesia sign deals worth $27 billion in energy, aviation fuel services

Bilateral trade between the two nations reached $ 31.5 billion during the past five years

Oil prices fall 0.71 percent to $68.62 on concerns over weak U.S. demand

U.S. domestic crude inventories rose by 3.8 million barrels to 419 million barrels last week

BlackRock releases 2025 Midyear Global Outlook amid market uncertainty

BlackRock believes this era offers better opportunities than the relatively static conditions of the past decade

UAE, China launch integrated service center to spur $400 billion China-Arab trade

A total of 40 projects were signed during the China-Arab Business Forum, with a total value of $5.93 billion

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

What to expect from Elon Musk’s X as it unveils plans to launch investment, trading services

Plans are also underway to introduce an X-branded credit or debit card by the end of 2025

Turkey central bank holds interest rates at 46 percent amid geopolitical tensions

Market rates, such as the Turkish Lira Overnight Reference Rate (TLREF), have also aligned in the 46 percent range

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

UAE central bank holds interest rates steady, in line with U.S. Fed

After keeping interest rates in the 4.25-4.50 percent range, Fed policymakers signaled that rate cuts are still likely to happen in 2025

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

GCC dominates Dubai Chamber exports in Q1 2025 with AED 40.5 billion in trade

Markets across the Middle East (non-GCC) came in second, with exports and re-exports totaling AED 25 billion

Emirati SMEs secure AED1.29 billion in Dubai government contracts through supplier program

The Dubai Government continues to empower entrepreneurs by creating a supportive environment and implementing legislative frameworks to leverage growth