Snap’s regional chief Hussein Freijeh outlines growth plans across MENA and APAC in an interview with TRENDS, highlighting startups, creators...
Abu Dhabi, UAE -- The UAE Ministry of Finance said on Sunday it had launched its first-ever seven-year tranche of...
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
- The UAE and Saudi Arabia’s trade with China and India far exceeds their trade with the US and UK. This...
Arab economic powers such as Saudi Arabia and the UAE have intensified efforts to diversify their strategic business relations with China, Russia, and India
Arab powers have also kept their traditional ties with the nations in the European Union and the Americas, particularly the United States, intact
Beijing, China - China's central bank on Monday said it had cut two key interest rates to historic lows, in the...The cuts come just days after the country posted its slowest quarterly growth in a year and a half, underlining the deep economic woes the country faces
Leaders are targeting annual growth of five percent this year, but that goal is being challenged by weak consumption and a prolonged and debilitating debt crisis
