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Economics
Banking & Finance
Dubai’s Parkin drives $37.2 million net profit in Q1 2025 amid expansion
Revenue rose 27 percent to $74.4 million, with strong operational performance citywide
Markets
Dollar diversification: Why now?
Global investors are selling U.S. equities at a record pace, surpassing levels seen during COVID shock
Economy
Abu Dhabi Crown Prince to visit Kazakhstan on Sunday as UAE aims for $1 billion trade turnover
The UAE is one of the top ten largest foreign investors in Kazakhstan
Economy
Abu Dhabi Investment Office (ADIO) targets $25.3 trillion healthcare market with San Francisco expansion
The HELM cluster is projected to contribute $25.6 billion to the emirate’s GDP
Economy
Ukraine-U.S. minerals deal approved, economic boost expected
A joint investment fund will develop and extract Ukraine's mineral resources
Economy
Bank of England (BoE) slashes interest rates to 4.25 percent amid global trade uncertainty
Decision provides relief to borrowers, businesses, and consumers amidst sluggish economic growth
Industry
Make it in the Emirates 2025 unveils agenda: Sustainability, AI, and advanced tech to take center stage
UAE's premier industrial event to highlight new procurement deals, financing, and job opportunities for Emiratis
Banking & Finance
Abu Dhabi’s Mubadala reports $326.7 billion assets in 2024, up 9.1 percent YoY
Capital deployed increased by 33.7 percent to $32.4 billion
Energy
Crude oil prices surge to $61.41 on trade deal hint, demand concerns
Despite gains, oil prices have suffered significant losses in 2025 due to slowing demand and rising production
Banking & Finance
Qatar’s Islamic finance assets soar to $190.6 billion in 2024, dominating 97 percent of market
Qatar's islamic banking surged to $160.9 billion, outperforming conventional banks
Banking & Finance
China slashes interest rates, injects $138 billion liquidity to counter U.S. trade tensions
U.S. and Chinese officials prepare for crucial talks in Switzerland to ease trade tensions
Markets
Saudi Arabia leads MENA IPO market as proceeds reach $2.4 billion with 106 percent YoY growth
Saudi Arabia recorded 12 out of 14 listings in the MENA region during this quarter
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