Drew Propson, Head of Technology and Innovation in Financial Services at the World Economic Forum, explains how sustainable growth, AI...
The GCC is competing to build world-class technology hubs, investing heavily in AI, infrastructure, and sovereign capital to drive digital...
Dozens of world leaders convene in Azerbaijan on Tuesday for COP29 but many big names are skipping the UN climate...Heads of some of the most powerful and polluting economies are not attending
Top priority at COP29 is boosting funding for climate action in developing countries
he COP29 climate talks open Monday in Azerbaijan, under the long shadow cast by Donald Trump's re-election. Trump has pledged...Fears of an imminent US departure from the landmark Paris Agreement
US$100 billion-a-year target to help developing nations prepare for worsening climate impacts
Stablecoins account for the largest share of crypto activity in the UAE (51%), which stands significantly higher than both Bitcoin...Value of stablecoins received by services in the country totaled over US$9.8 billion
between July 2023 to June 2024, just 47 percent of overall crypto transactions took place on centralized exchanges
Upstream investments in the oil and gas industry are still healthy and dwarf those made in low carbon projects and...Countries are turning towards renewables such as solar PV and wind following a 40 percent drop in their costs
The global upstream industry is projected to maintain its hydrocarbon investment level of about US$580 billion in 2024
- Asian markets mostly rose Tuesday a day before results from the US presidential election rolled in, with opinion polls showing...
Uncertainty about the outcome led to warnings that investors could be in for a period of volatility
Wall Street's three main indexes ended in the red
Supply cuts seek boosting oil prices amid uncertain demand and accelerating supply, with an eye on the imminent US presidential...Persistent downside pressure on oil prices due to sluggish Chinese and weakening global demand outlook
"The US presidential election will have a significant impact on the oil market"- Analyst with Rystad Energy
- 35 percent of CEOs worldwide identify #inflation as the most critical #economic issue facing their countries, followed by boosting #consumer...
The majority of CEOs (77 percent) say the U.S. presidential election will impact their 2025 business strategy
Nearly 80 percent of global CEOs describe the current investment environment in the Gulf as very or somewhat attractive
The surge in the price of bitcoin is seen as a bet on a Republican victory, as Donald Trump has...The leading digital currency was trading around US$72,400 at 0300 GMT, after climbing as high as US$73,563.63 in late US trade.
The surge in the price of bitcoin is seen as a bet on a Republican victory, as Donald Trump has emerged as the pro-crypto candidate.
- Asian markets mostly rose Tuesday with investors looking ahead to the release of US economic data and the earnings reports...
Oil market concerns shifted focus on potential oversupply in 2025
Investors are also awaiting the Bank of Japan's rate decision later this week
- Tokyo, Japan - Oil prices tumbled in early Asian trading Monday with dealers relieved that Israeli strikes carried out Saturday against...
The price of North Sea Brent for delivery in December fell by 4.05 percent to $72.97, while West Texas Intermediate plunged by 4.19 percent to $68.77
"Israel's strike, carefully avoiding energy sites, has softened fears of a full-scale conflict with Iran," said Stephen Innes, analyst at SPI Asset Management
