Articles
US and China agree to lower tariffs for 90 days
Move by world's two largest economies boosts stocks and oil prices
Abu Dhabi’s IHC and BlackRock set up $1bn reinsurance company
Platform will be based in ADGM and serve global markets, while maintaining a strategic focus on Middle East and Asia
Mubadala asset base grows to $326bn on AI and future-focused investments
Abu Dhabi’s sovereign investor's annualised five-year return on investments hit 10.1 per cent in 2024
Emirates posts record $5.2 billion annual profit on bumper travel demand
Dubai-based airline's revenue rose 6 per cent to $34.9 billion
Oil sinks as Saudi Arabia cuts prices ahead of Opec+ output boost
On Sunday, the world’s leading oil exporter sharply cut May crude prices for its Asian buyers
Middle East markets tumble after sharp fall in Asia
Gulf markets close down after clawing back some losses
Oil prices fall to lowest level since 2021
Oil posts biggest weekly decline since 2023 as China announces retaliatory tariffs on US
Trump’s tariffs to raise car prices and disrupt industry supply chains
Move aimed at 'turbocharging domestic car manufacturing' is almost certain to backfire, expert warns
Moody’s affirms UAE’s rating as diversification efforts strengthen
Emirates is moving economy away from oil by developing sectors such as technology, manufacturing, tourism and trade
UAE Central Bank follows Fed move to keep interest rates unchanged
The base rate for the overnight deposit facility was maintained at 4.40 per cent
DP World reaps record $20 billion in revenue for 2024
Profit for the year decreased by 2 per cent to $1.5 billion due to higher finance costs
Etihad Airways posts record 2024 profit on strong travel demand
Abu Dhabi airline’s full-year profit reached $467 million while total revenue grew by 25 per cent annually
Oil prices record weekly drop as Donald Trump asks Opec to lower costs
US President told World Economic Forum if prices fell, Russia-Ukraine war would ‘end immediately’
Riyadh Air launch pushed to Q3 after first Boeing 787 jet delivery delayed
Saudi carrier had originally planned to start operations in the middle of the year
Aldar raises $2.45bn in syndicated revolving credit facility
The financing came from a syndicate of 15 UAE-based and international lenders
