Economy News
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UAE accounts for 30% of Ecuador’s trade with Arab, African countries: Al Zeyoudi
Dr. Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade, said the Comprehensive Economic Partnership Agreement (CEPA) between the UAE…
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Qatar Energy ceases LNG production following military offensive
QatarEnergy has ceased the production of LNG and related products due to a military offensive on its operational facilities in…
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Abu Dhabi real estate hits record AED142 billion in 2025 transactions
The Abu Dhabi Real Estate Centre (ADREC) – the custodian and regulator of the Abu Dhabi’s real estate sector today…
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UAE became Oman’s leading trading partner in non-oil exports, re-exports in 2025
The United Arab Emirates topped the list of the Sultanate of Oman’s trading partners last year in non-oil exports, re-export…
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Trump increases global tariffs from 10% to 15%
President Donald Trump said on Saturday that he will raise the temporary global tariff rate on imported goods from 10%…
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Sharjah records growth in business services, investment
Hamad Ali Abdullah Al Mahmoud, Chairman of the Sharjah Economic Development Department and Member of the Sharjah Executive Council, affirmed…
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Gold prices dip on firmer US dollar
Gold edged lower on Monday as the dollar rose after bullion notched a more than 2 percent gain in the…
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Abu Dhabi, Italy sign agreements to accelerate growth of entrepreneurship, manufacturing, agritech
An economic delegation from Abu Dhabi, led by the Abu Dhabi Department of Economic Development (ADDED), has concluded a successful…
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ADNOC Gas signs $3 billion, 10-year LNG deal with Hindustan Petroleum Corporation Limited
ADNOC Gas plc and its subsidiaries today announced the signing of a sales and purchase agreement valued at between US$2.5…
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China leaves benchmark lending rates unchanged
China’s one-year loan prime rate (LPR), a market-based benchmark lending rate, came in at 3 percent Tuesday, unchanged from the…
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