Economy News
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Drydocks World wins contract for world’s largest floating LNG facility off Mexico
Drydocks World, a DP World company, has been awarded a landmark Engineering, Procurement, and Construction (EPC) contract by AMIGO LNG…
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Abu Dhabi Exports Office highlights strategic role in Angola
Abu Dhabi Exports Office (ADEX), the financing export arm of Abu Dhabi Fund for Development (ADFD), has reaffirmed its commitment…
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Ministry of Economy & Tourism participates in ‘Women’s Economic Dialogue’ in China
The Ministry of Economy and Tourism took part in the ‘Women’s Economy Dialogue’ in Guangzhou, People’s Republic of China. This…
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US, EU agree on framework for reciprocal trade
The United States and the European Union announced that they have agreed on a Framework on an Agreement on Reciprocal,…
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Ras Al Khaimah Chamber discusses trade exchange with Uganda
Mohammed Musabbeh Al Nuaimi, Chairman of the Ras Al Khaimah Chamber of Commerce and Industry, received Zaake Wanume Kibedi, Ambassador…
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China reports decrease in foreign exchange reserves in July
China’s foreign exchange reserves totalled US$3.2922 trillion at the end of July 2025, which was down $25.2 billion (or 0.76…
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US-EU trade deal ‘best possible settlement’: European Commission
The European Commission has unveiled details of the new trade agreement between the European Union and the United States, describing…
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CBUAE maintains Base Rate at 4.40%
The Central Bank of the UAE (CBUAE) has decided to maintain the Base Rate applicable to the Overnight Deposit Facility…
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UAE Fuel Price Committee announces prices for August
The UAE Fuel Price Committee approved the fuel prices for August 2025 as follows: – Diesel: AED2.78 per litre. –…
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RAKEZ, Pioneer Asset Management cooperate to expand wealth planning support
Ras Al Khaimah Economic Zone (RAKEZ) entered a strategic partnership with Pioneer Asset Management, a leading and independent wealth advisory…
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