Economy News
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UAE Cabinet approves AED292.5 billion Federal General Budget Plan for 2027–2029
The UAE Cabinet, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of…
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China to cut VAT export rebate on new energy vehicles to 9%
China announced on Monday that it will cut the value-added tax (VAT) export rebate rate for new energy vehicles (NEVs),…
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Numou, Comera Financial Holding partner to expand financing, payment solutions for UAE SMEs
Numou, a subsidiary of ADGM, and Comera Financial Holding (CFH), part of Abu Dhabi’s Royal Group, have signed a partnership…
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Oil prices rise, Brent at $101.53 pb
Oil prices rose in early Asian trading on Thursday, with Brent crude futures rising US$1.33, or 1.33 percent, to US$101.53…
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ADX unveils new investor relations guide to strengthen issuer-investor engagement
The Abu Dhabi Securities Exchange (ADX), one of the fastest-growing exchange groups in the Middle East, today launched an updated…
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Gold steadies near seven-week low
Gold steadied near a more than seven-week low on Tuesday. Spot gold was little changed at $4,124.57 per ounce, as…
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Oil jumps over $3, Brent at $108.23 per barrel
Oil prices rose by more than US$3 at the open on Monday amid growing concerns over supplies. Brent crude futures…
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Hamdan bin Zayed inspects service, economic projects in Ghayathi
.H. Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region, inspected a number of service and economic…
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MEBAA Show 2026 to bring leading business aviation companies to Dubai
MEBAA Show 2026 will bring together leading global business and private aviation companies for its 11th edition, taking place from…
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Dubai South, Emirates NBD to facilitate off-plan home financing for buyers
Dubai South Properties, a wholly owned subsidiary of Dubai South, has entered into a strategic partnership with Emirates NBD to…
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