Browsing: Global Economy

Gold prices in the UAE showed signs of recovery on Tuesday morning, rebounding after a…

(IMF) has downgraded Saudi Arabia’s economic growth forecast by nearly one percentage point, primarily due to reductions in oil production.

The Dubai World Trade Centre (DWTC) and the SuperBridge Council announced the venue for the…

Dubai-based property giant DAMAC Group has bolstered its investment in the thriving artificial intelligence (AI) sector through a $50m deal with Anthropic. The conglomerate has also made substantial investments in xAI, an American AI startup founded by Elon Musk, and Mistral, a French AI firm.

Saudi Arabia’s sovereign wealth fund and French private equity firm Ardian have finalized agreements to…

The Capgemini Research Institute’s World Wealth Report 2024 paints a surprising picture: despite global instability,…

Oil prices surged by 2% to reach a one-week high, driven by expectations of increased…

South Korea’s economy grew at a moderate pace in the first quarter of 2024, expanding…

The Indian Rupee (INR) weakened against the Emirati Dirham (AED) during early trading on May…

Asian shares experienced mixed trading on Thursday, influenced by divergent regional developments and a retreat…