Oil prices have experienced choppy trading since the surprise US raid Saturday on Caracas that saw Venezuelan president Nicolas Maduro...
Beijing, China -- China will on January 1 launch an "action plan" for boosting management and operations of its digital...
From the 1980s onward, the federal government and individual emirates launched broader diversification and liberalization programs to reduce reliance on...Decades of strategic diversification, agile governance and private-sector dynamism have turned the UAE into a global benchmark for sustainable growth
From the oil windfalls of the 1970s to today’s AI-driven economy, the UAE’s long-term vision is delivering fiscal strength, investor confidence and global relevance
The United States signed an agreement on the supply chains with key Asia-Pacific allies concerned about China's growing clout --...Dubbed the "Pax Silica," adapting the Latin terms for peace and silicon, a key material in AI, the partnership aims to secure supply chains
China has quickly taken a dominant position in the race for resources in the fast-growing area of artificial intelligence, mining around 70 percent of key rare earths
The Middle East and North Africa (MENA) region is rapidly becoming one of the world’s most dynamic retail e-trading markets,...The study, Trading’s New Horizon: How Access, Innovation and Ambition Are Fuelling MENA’s E-Trading Boom, draws on two years of data from 62,850 verified traders across the region
The report notes that MENA traders are young, digitally savvy and highly educated, and nearly 86% are aged 18–44, and 64% hold a university degree—far higher than Europe’s 39%
However, Qatar faces downside risks from a deeper global economic slowdown that could weaken energy demand and LNG prices amid...World Bank, Standard Chartered, and Moody’s highlight Qatar’s resilience, strong GDP outlook, and rising non-hydrocarbon strength
Backed by digital transformation, AI investment, and stable credit ratings, Qatar’s non-oil sectors lead regional growth
- Saudi Arabia greenlit its 2026 budget Tuesday, projecting a deficit of 165 billion riyals ($44 billion) as the kingdom presses...
The Arab world's largest economy is overseeing a major push to slash its dependence on oil revenues, with officials pouring billions into projects to attract investment and tourism
The budget figures will be keenly watched by energy industry experts, with the hopes of gleaning insights into where Saudi Arabia expects oil revenues to head in the near future
- In addition, Kuwait hosted a major joint meeting between the GCC and the United Kingdom in October focused on a...
As S&P upgrades Kuwait’s credit rating and non-oil sectors surge, the country’s 2025 policy strategy proves that collaboration can be a catalyst for long-term sustainable growth
Major fiscal reforms, new regional agreements, and a booming non-oil economy position Kuwait for stronger investment flows and renewed global confidence
- China's stranglehold on the rare earths industry -- from natural reserves and mining through processing and innovation -- is the...
Rare earths are crucial for the defence sector -- used in fighter jets, missile guidance systems and radar technology -- while also having a range of uses in everyday products
At a high-stakes meeting in South Korea late last month, Trump and Chinese counterpart Xi Jinping agreed to a one-year truce in tariff war between the world's top two economies
New York, United States - "The 1980s are calling," a teenager with a throwback hairstyle tells viewers as "Everybody Wants...The fake montage -- entirely generated using artificial intelligence -- has racked up more than 600,000 "likes" on Instagram and is part of an internet fad known as "AI nostalgia."
The soft-focused fantasy land comes thanks to generative AI tools like OpenAI's Sora, Google's Veo or Luma AI's Ray that enable creation of strikingly realistic videos
- The Johannesburg gathering is being attended by a host of world leaders including French President Emmanuel Macron, Indian Prime Minister...
Trump is boycotting, with his government saying South Africa's priorities -- notably boosting global cooperation on trade and climate action -- run counter to US policy.
Despite the headwinds, host South Africa was projecting optimism that it would get backing for its G20 aims to reduce economic inequalities, shrink debt for low-income countries
- Beijing has struggled to maintain a strong economic recovery from the pandemic, as it fights a debt crisis in its...
The consumer price index, a key measure of inflation, rose 0.2 percent year-on-year last month, according to the National Bureau of Statistics (NBS).
Consumer prices were stagnant in July followed by two months of decline.
