Economy

Badr Jafar, Special Envoy of the Minister of Foreign Affairs for Business and Philanthropy, received the 2026 Spear’s Impact Award at a special ceremony in London. In his remarks, Badr Jafar highlighted the scale of philanthropic giving across the UAE, noting that more than AED11 billion has been raised by …

Gold prices eased on Friday ‌as inflation concerns reinforced expectations that interest rates would remain higher for longer, though bullion remained on track for a weekly gain as investors awaited key US payrolls data later in the ​day. Spot gold fell 0.6 percent to $4,063.39 per ounce by 0248 GMT, …

Canadian Prime Minister Mark Carney’s government unveiled a budget on Thursday aimed at strengthening economic independence and reducing reliance on the United States. The budget, titled “Masters of Our Destiny,” was presented by Finance Minister François-Philippe Champagne and outlines plans for an economic transformation to address weak productivity growth and …

The UAE VERIFY, a digital platform operated by the Telecommunications and Digital Government Regulatory Authority (TDRA), has issued more than 42.926 million digital trusted documents since its launch in 2022. The total number of documents verified through the platform has exceeded 1.252 million, while the platform currently supports 88 types …

Egypt’s net international reserves (NIRs) rose to a record $57.5 billion at the end of October 2026, up $151.6 million from September, according to data released by the Central Bank of Egypt (CBE). The country’s foreign reserves stood at $57.4998 billion at the end of October, compared with $57.3482 billion …

As more players enter the market and an increasingly diverse range of options becomes available, customers considering the purchase of a full-size sport utility vehicle (SUV) are asking themselves a number of questions. Among the most important may not be what is newest in this segment, but rather what will …

ADIPEC 2026 is creating opportunities for partnerships and business expansion in the energy sector by bringing together international companies, service providers and investors to explore joint ventures and strengthen their presence in local, regional and international markets. Mohamed Elsayed, Chief Operating Officer of NMDC LTS, told the Emirates News Agency …

UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received Her Excellency Katherina Reiche, Federal Minister for Economic Affairs and Energy of the Federal Republic of Germany. At the start of the meeting, Her Excellency Reiche conveyed the greetings of His Excellency Frank-Walter Steinmeier, President of the Federal Republic …

Fahad Al Gergawi, Undersecretary at the Ministry of Foreign Trade, on Tuesday hosted a high-level UAE–Germany business roundtable with a delegation from the Free State of Bavaria, led by Dr. Markus Söder, Minister-President of Bavaria, at ADNEC in Abu Dhabi. The roundtable brought together senior government officials, business leaders and …

Under the patronage of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, today opened the 42nd edition of the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC 2026). The exhibition …