transportation

Global semiconductor revenue hits $655.9 billion in 2024, up 21 percent YoY

Global semiconductor revenue hits $655.9 billion in 2024, up 21 percent YoY

NVIDIA ascended to the No. 1 position, surpassing Samsung Electronics and Intel for the first time

Oil prices drop to $64.47 as U.S.-China trade war affects global growth outlook

Oil prices drop to $64.47 as U.S.-China trade war affects global growth outlook

Goldman Sachs expected oil prices to decline through 2026

Dubai gold prices up AED3.25, global rates retreat post tariff exemptions

Dubai gold prices up AED3.25, global rates retreat post tariff exemptions

Goldman Sachs hiked 2025 gold price target to $3,700/oz

Sheikh Hamdan inaugurates DP World’s Nhava Sheva Business Park in India

Sheikh Hamdan inaugurates DP World’s Nhava Sheva Business Park in India

His Highness: The UAE and India share a long-standing and deep-rooted economic partnership

China consumer prices continue downward trend decline amid intensifying trade war

China consumer prices continue downward trend decline amid intensifying trade war

Country faces economic challenges as consumer prices fall for second month

EU pauses countermeasures against U.S. tariffs

EU pauses countermeasures against U.S. tariffs

26 EU member states voted to impose countermeasures just before Trump announced a 90-day pause

WTO warns U.S.-China trade tensions could slash global trade by 80 percent, risking 7 percent GDP drop

WTO warns U.S.-China trade tensions could slash global trade by 80 percent, risking 7 percent GDP drop

The preliminary estimate came as Trump raised tariffs on China but paused others for 90 days

Microsoft surpasses Apple as most valuable company amid trade war concerns

Microsoft surpasses Apple as most valuable company amid trade war concerns

On Tuesday, Apple shares fell to an 11-month low during aftermarket trading

UAE strengthens trade with Congo, offers 99.5 percent tariff exemptions: Al Zeyoudi

UAE strengthens trade with Congo, offers 99.5 percent tariff exemptions: Al Zeyoudi

Congo’s key sectors set to thrive under the new Comprehensive Economic Partnership Agreement

Egypt secures nine development agreements worth $290.2 million with France, EU

Banking & Finance

Egypt secures nine development agreements worth $290.2 million with France, EU

These deals will support priority projects in water treatment, sanitation, electricity, and rail transport sectors

UAE, Congo sign CEPA to elevate bilateral non-oil trade to $7.2 billion by 2032

UAE, Congo sign CEPA to elevate bilateral non-oil trade to $7.2 billion by 2032

Agreement will usher in a new era of collaboration in various economic sectors

Canada implements 25 percent counter-tariffs on U.S. vehicles

Canada implements 25 percent counter-tariffs on U.S. vehicles

Canada is the largest U.S. car export market, with 8 percent non-compliant vehicles estimated