Category: Business

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…

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…

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…

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: 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…

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: Dubai Internet City, the region’s leading technology hub, has entered into a strategic partnership with Luxinnovation, Luxembourg’s national innovation agency, to drive innovation, foster cross-border collaboration, and support knowledge sharin…

Abu dhabi: The UAE has joined the International Science Council (ISC) for the first time, with the Advanced Technology Research Council (ATRC) appointed as its national representative, marking a significant step in the country’s engagement with the gl…