United Kingdom

Bank of England maintains 4.75 percent interest rate, hints at future gradual cuts

The Bank indicated that the economy underperformed, reporting no growth from October to December

UAE gold prices fall AED5, global rates dip following Fed rate cut

Investor sentiment was impacted after the central bank signaled fewer rate cuts next year

Top holiday travel destinations for UAE residents in 2024

Cities like London, Bangkok, and Istanbul enchant UAE travelers with culture and holiday cheer 

UAE, global gold prices rise with Fed’s policy decision in focus

Market focus is on the bank's economic projections and the dot plot which may offer additional insights into the monetary policy trajectory

Saudi Arabia, UK to increase bilateral trade to $38 billion by 2030

The two sides welcomed the significant progress made on the GCC-UK Free Trade Agreement

Gold prices rise on China’s pledges for additional policy stimulus

Traders currently see an 89.5 percent chance of a Fed rate cut this month

Qatar launches green bonds trading on London Stock Exchange

Ministry of Finance launched the green bonds with the aim of financing environmentally friendly projects

Australia’s social media ban for minors: How does it compare to other countries

The new law requires social media platforms to block users under 16 or face fines up to $32.2 million for non-compliance

COP29 recap: Baku sets new global target to deliver $1.3 trillion in climate finance by 2035

The Baku Finance Goal is the centerpiece of a package of agreements that deliver progress across all climate pillars

DXB welcomes 68.6 million travelers in nine months, up 6.3 percent over last year

In Q3, over 111,300 flights were managed, totaling 327,700 flight movements for the first nine months

UAE overtakes U.K., becomes second-largest gold hub with over $129 billion in trade

Major shifts in the global gold trade will likely propel an 'Asian Century' for gold, with new gold economic corridors among BRICS nations

Cityscape Global 2024 offers attendees access to entire real estate ecosystem

Future of Living Stage reveals 135km "green spine" to enhance quality of life in Riyadh for both tourists and residents

Bank of England lowers interest rates to 4.75 percent, anticipates gradual cuts ahead

This marks the second reduction by the central bank this year, following the initiation of its easing cycle in August

Emirates boosts U.K. network, returns to Edinburgh with daily service

Emirates serves the U.K. with 133 weekly flights across eight gateways including London Heathrow and London Gatwick

Ras Al Khaimah, U.K. Government strengthen partnerships across key trade, investment sectors

The partnership aims to enhance industrial cooperation and facilitate two-way trade between Ras Al Khaimah and the U.K.

Aldar net profit surges 52 percent to $1.25 billion as development sales reach $6.53 billion

Overseas and expat resident customer base now accounts for 76 percent or AED15.3 billion of Aldar's UAE sales

UAE attracts $16 billion in greenfield FDI capital inflows in 2023

The UAE expects these investments to generate nearly 50,000 jobs from 1,332 projects

UAE drives regional economic growth: Insights from LSE Deputy CEO

The country has successfully completed 37 bond issues amounting to a total of $18.51 billion 

Abu Dhabi’s Modon Holding, U.K. Candy Capital announce JV partnership in ultra-luxury real estate

The joint venture will deliver upscale residential, commercial, and hospitality projects

Etihad, DCT Abu Dhabi ‘stopover’ initiative sees 242 percent surge in travelers

The initiative's relaunch has surpassed expectations and significantly boosted the emirate's tourism industry

GCC sovereign wealth funds deploy $55 billion in first 9 months of 2024: Report

The region now has seven active stock exchanges that host 877 listed companies with an aggregate market capitalization of $4.3 trillion

Abu Dhabi-based ADQ’s $2 billion bond issuance to list on London Stock Exchange

Dual-tranche offering includes a $1 billion seven-year bond due in 2031 and a $1 billion 30-year bond due in 2054