Oil backs off 7-week high: What's behind the pullback?

Saudi Arabia cuts May oil prices to Asia to four-month low

The drop marks the biggest decline in more than two years and is the second consecutive month Aramco has lowered its prices

Powering up energy transition with Vortex Energy

Vortex Energy is expanding its reach and scope to cover wider energy transition sectors and geographies

Gold tops $4,300, set for biggest weekly surge since 2008

Gold hits 3-week low: Are investors driving the decline?

Spot gold was down 0.3 per cent at $3,027.90 an ounce as of 0331 GMT, after dropping over 1 per cent earlier in the session to its lowest

Saudi Arabia’s PIF completes acquisition of 23.08% stake in Saudi Re

Saudi Arabia opens doors to foreign investors in real estate

The ministry has outlined certain conditions for foreign investors to participate in these activities

Trump tariffs: Is your morning coffee about to get more expensive?

Sugar prices also fell, caught in the melee of tariffs as the US is also one of the world’s top sugar importers

Powering Saudi Arabia’s strategic leap into the future of technology 

Business leaders in Saudi Arabia recognise AI’s potential to sharpen employee focus and unlock new levels of efficiency

Trump Inauguration: Dollar dips, stocks creep higher as his second term dawns

Trump tariffs: Your next iPhone could cost you $1100 more

The penalties announced by Trump on Wednesday triggered a plunge in world financial markets on Thursday and drew condemnation from other leaders

Big news from WhatsApp: Here’s what its new feature is all about

The feature is being rolled out globally and will expand over the next few weeks

ORO24 unveils new identity

The transformation includes a refreshed logo and powerful visuals, symbolizing the company’s growth and forward-looking direction

Donald Trump

Trump’s tariffs stoke global trade jitters as China, EU vow response

As Asia digested the news, Japan’s Nikkei share index slumped to an eight-month low, with US and European stock futures also diving

How will Trump’s reciprocal tariffs impact Indian exports?

The United States imposes a 2.5 per cent tariff on passenger vehicle imports, while India imposes 70 per cent, the White House said in a statement

Video: All you need to know about Emirates’ new courier service

The airline introduces this service after nearly four decades of transporting people and goods worldwide

Major real estate reform: Will Saudi Arabia implement a rent cap?

Saudi authorities have also lifted the ban on transactions related to sales, purchases, subdivisions, and permits in northern Riyadh

World gold council and DMCC sign agreement to advance UAE's gold sector Image Getty Images

Gold prices extends gains: What’s next for investors?

Trump’s tariff policies could flare up inflation, slow economic growth and escalate trade disputes

Facing Trump’s Tariffs: Inside the strategy of the world’s leading auto supplier

The vastness of Magna’s facility in Michigan underscores its role as a key cog in the intricate global auto supply chain

Omniyat unveils Beyond, new waterfront project

5 things to know about Beyond, Omniyat Group’s luxury development company

Headquartered in Dubai, Beyond is backed by Omniyat’s full resources and experience but is taking a more wide-ranging approach

RAK has a new real estate investment summit

The summit features a carefully curated agenda, keynote addresses, investment talks, panel discussions, and immersive networking sessions

Emaar unveils bumper Dhs8.8bn dividend for shareholders

Emaar’s financial results for 2024 reflected strong operational performance and continued growth across its key business segments

du launches new Business Roamer Plan

The plan promises hassle-free global connectivity with no hidden costs, supporting professionals who need to stay connected across borders

Must attend event: AEON Clinic brings CME accredited masterclass in Dubai

The masterclass will serve as a global platform bridging the gap between cutting-edge scientific discoveries and their real-world application in patient care.

Citigroup reduces bonuses paid in 2024 for regulatory fixes

In 2024 the committee paid 68 per cent of the maximum bonus amount, which was not disclosed by the bank, lower than in the previous two years

Bloom Living: Reimagined premium community living in Abu Dhabi

The focal point at Bloom Living will be a large lake around which residents can walk, run, and cycle on designated trails

Dubai's DET, Amazon launch accelerator for SMEs

Amazon, Google sign pledge to support tripling of nuclear energy capacity by 2050

Shale company Occidental and Japanese heavy machinery maker IHI Corp also added their names to the pledge

Musk’s Starlink, India’s Reliance sign surprise satellite internet deal

The deal follows a similar partnership announcement between Starlink and India’s No. 2 telecom player Bharti Airtel a day before

Alpha Data Debuts on ADX Image supplied

Alpha Data debuts on ADX, raises Dhs600m from IPO

Upon listing, Alpha Data’s market capitalisation stood at approximately Dhs1.5bn, reinforcing its strong position in the UAE’s technology sector

Meta

Facebook owner Meta begins testing its first in-house AI training chip

Meta, which also owns Instagram and WhatsApp, has forecast total 2025 expenses of $114bn to $119bn, including up to $65 billion in capital expenditure

Saudi freezes rents in Riyadh for 5 years: Inside the boldest housing reform

600 companies now have their regional HQ in Saudi

The modern infrastructure and the other facilities are also attracting the international firms to the country

Jaywan-Visa partnership: How will these debit, prepaid cards benefit customers

Both Al Etihad Payments and Visa will be working with financial institutions, fintech companies, and merchant partners to issue the co-badged cards to their customers

WhatsApp just made language barriers disappear: Here’s how

WhatsApp launches ‘Lists’ in UAE: What the new feature has to offer

With this feature, WhatsApp users can filter their chats into custom categories of their choice