Thursday, July 3, 2025

economy

7 UAE banks make it to Forbes’ ‘most valuable’ list for Middle East

Saudi Arabia makes up a third of the list with 10 entries, with an aggregate market value of $279.5 billion. Qatar placed third with six entries worth $73.6 billion. As of February 23, 2024, the 30 banks had a combined...

GCC government spending to remain key driver of economy

GCC government spending is expected to continue playing an important role in the near-to-medium term as countries look to achieve their ambitious development, diversification and net-zero targets, a report said. Infrastructure investment: A thematic overview by Emirates NBD Research says...

Singapore downgraded 2020 GDP outlook again as virus attacks economy

Singapore has dropped its GDP forecast to a contraction range of -7 per cent to -4 per cent. Singapore cuts its 2020 gross domestic product forecast again for the third time on Tuesday. The trade ministry said, as the bellwether...

Latest News

UAE will now allow flying taxis to use existing helipads

UAE's General Civil Aviation Authority (GCAA) has issued the regulatory framework allowing both electric Vertical Take-Off and Landing aircraft...

Next UAE public holiday: Residents likely enjoy a 3-day weekend soon

The birthday of Prophet Muhammad (PBUH) will be the next public holiday in the UAE. Believed to be on Rabi Al Awwal 12, residents...

Today Gold Rate in Dubai (UAE) in Dirham, 2nd July 2025

Today Gold Rate in Dubai (UAE) Today Per tola is AED 4,668.44 while 24k Per 10 Gram gold price is AED 4,002.50. Usually people...

Today Gold Rate in Qatar – 2nd July 2025

Today Gold Rate in Qatar Today Per tola is QAR 4,677.19 while 24k Per 10 Gram gold price is QAR 4,010.00. Usually people opt...

Today Gold Rate in Saudi Arabia – 2nd July 2025

Today Gold Rate in Saudi Arabia (SAR) Today Per tola is SAR 4,817.15 while 24k Per 10 Gram gold price is SAR 4,130.00. Usually...