Abu dhabi: Brent crude oil futures settled at $74.16 per barrel, climbing by roughly 3% or $2.17. US West Texas Intermediate futures advanced 2.8% to $70.44.

According to Emirates News Agency, the increase in oil prices reflects current market trend…

Dubai: Gold prices swung between gains and losses on Wednesday. Spot gold rose 0.5 percent to US$4,125.59 per ounce by 03:05 GMT, after earlier falling to its lowest level since 2nd July. US gold futures for August delivery slipped 0.5 percent to US$4…

Beijing: China’s foreign exchange reserves experienced a decrease of $26 billion by the end of June, marking a 0.75 percent decline from May’s figures. The reserves totaled $3.4163 trillion by the close of last month, as reported by the China State Ad…

Dubai: Dubai Chambers has announced the launch of the ‘Business in Dubai’ platform to provide value-added services to companies seeking to establish, grow and expand their operations in Dubai. The platform serves as a dedicated digital gateway that en…

Dubai: Mohammed Bin Rashid Aerospace Hub (MBRAH) at Dubai South announced that UUDS AERO has expanded its presence within the hub, growing its footprint to over 180,000 sqm across multiple facilities since establishing its first operation at the aeros…

Beijing: The World Bank projected China’s economic growth at 4.4 percent in 2026, unchanged from its previous forecast issued in December 2025, according to the international organisation’s latest China Economic Update. The bank said China’s economy r…

Abu dhabi: Khalifa Economic Zones Abu Dhabi – KEZAD Group will host Touchdown Middle East 2026 in Abu Dhabi, marking the first time the region-wide data centre conference will take place in the UAE. Organised by the Gulf Data Centre Association (GDCA)…

Dubai: Dubai maintained its strong economic performance in the first quarter of 2026, with the emirate’s Gross Domestic Product (GDP) reaching AED232 billion, representing a 2.4% increase from the same period last year.

According to Emirates News Ag…