United States

ADQ, Energy Capital Partners to invest $25 billion in powering U.S. data center

Partnership seeks to service the growing power needs of data centers, hyperscale cloud companies and other energy-intensive industries

Federal Reserve, UAE central bank hold interest rates steady as Trump’s policies raise economic concerns

The UAE central bank has also decided to maintain the Base Rate applicable to the Overnight Deposit Facility (ODF) at 4.40 percent

UAE real estate: Leading 2024 project awards with 45 percent share worth $40.6 billion

Dubai's residential sector saw 32 percent sales growth in 2024, reaching $99.9 billion, driven by investor interest

ATM 2025 to highlight luxury travel as industry set to reach $391 billion by 2028

Asia-Pacific leads GCC tourism, with ATM featuring a 27 percent rise in Asian exhibitors this year

Google to acquire cloud security platform Wiz for $32 billion

Google Cloud's acquisition boosts cloud security and enhances multicloud capabilities in the AI era

UAE gold prices up AED1.5, global rates hit record high ahead of Fed decision

The Fed is expected to maintain interest rates at 4.5 percent amidst economic uncertainty

Trump, Sheikh Tahnoon discuss strengthening UAE-U.S. ties in key sectors

Both parties explored long-term collaboration opportunities in AI, healthcare, and industrial development

Oil prices dip to $70.25 on oversupply fears after Russia-Ukraine truce

Investors are cautious ahead of the Fed meeting, expecting rates to remain unchanged

Global GDP growth to slow from 3.2 percent in 2024 to 3.0 percent by 2026: OECD

OECD warned that increased trade restrictions will hurt global economic performance and raise inflationary pressures

U.S. Bitcoin ETFs record $5.4 billion in outflows in five weeks

Bitcoin has dropped 21 percent over the last three months

SpaceX Dragon capsule safely returns NASA crew after record-breaking mission

The seven-day mission extended due to issues, including a delayed Boeing test flight

UAE-U.S. merchandise trade grows 9.47 percent to $34.43 billion in 2024

UAE investments in the U.S. reached approximately $3.7 billion between 2018 and 2023