Economics

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

Dollar diversification: Why now?

Global investors are selling U.S. equities at a record pace, surpassing levels seen during COVID shock

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

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

Ukraine-U.S. minerals deal approved, economic boost expected

A joint investment fund will develop and extract Ukraine's mineral resources

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

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

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

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

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 

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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