UAE economy to outpace global average this year, says IMF
The UAE economy is projected to outperform the global average this year as it is expected to remain…
Trump attacks green energy policies and calls climate change a ‘con job’
Follow the latest UNGA updates here US President Donald Trump railed against the renewable energy movement during his…
Oil set for second weekly gain despite Trump’s call for lower crude prices
Oil prices are on course for a second weekly gain but they edged lower on Friday, as calls…
UAE GDP hits Dh455bn in first quarter as non-oil economy breaks another record
The UAE’s economy maintained strong momentum in the first quarter of 2025, with real gross domestic product rising…
Human capital critical to Saudi Arabia’s reforms, IMF official says
The International Monetary Fund said on Thursday that the workforce remains a key part of success for structural…
Wall Street cools off and hopes for Fed interest rate cut grow
Wall Street lost steam to close lower on Friday, cooled down by a drop in technology shares and…
Oil set for weekly gain as investors weigh demand concerns and uncertain Russian supply
Oil prices slumped on Friday but were on track for a second weekly gain as investors weighed stagnating…
From chips to pills: How Trump tariffs could reshape global trade – for better or worse
US President Donald Trump is preparing to impose tariffs on two of the world’s most strategically important industries,…
Lebanon needs IMF for fiscal ‘discipline’ rather than $3bn loan, Carlos Ghosn says
Fugitive car tycoon Carlos Ghosn has said Lebanon needs the International Monetary Fund (IMF) to ensure fiscal discipline…
UAE exchange house has licence revoked for breaching anti-money laundering law
The UAE Central Bank has revoked the licence of Malik Exchange, an Abu Dhabi-based remittance company, for failing…
Abu Dhabi’s Mubadala closes first US energy investment with natural gas and LNG deal
Abu Dhabi’s Mubadala Energy has closed a US natural gas investment agreement by acquiring a stake in a…
US tariffs to have ‘close to zero’ effect on Saudi Arabia, IMF says
The impact of tariffs imposed by the US on Saudi Arabia is expected to be “close to zero”,…