UK Seals Historic Free Trade Deal With GCC — First G7 Nation to Sign With Gulf Bloc
The United Kingdom has concluded a landmark free trade agreement with the six-member Gulf Cooperation Council, becoming the first G7 nation to sign such a deal with the Gulf bloc and removing an estimated £580 million in annual duties on UK exports.
UAE Rises to Second in Global Islamic Economy Rankings as FDI Hits $45.6 Billion
The UAE has climbed to second place in the Global Islamic Economy Indicator, jumping from fourth, driven by record FDI inflows of $45.6 billion and its position as the most active Islamic investment destination by transaction volume.
Dubai Sellers Cut AED 2.36 Billion From Asking Prices as Supply Wave Hits 2026 Market
Sellers across Dubai have reduced asking prices by a combined AED 2.36 billion across 3,292 properties, reflecting a softening in secondary market demand as a record supply pipeline approaches delivery.
Brent Crude Slips to $94 as OPEC+ Approves July Output Hike Amid Hormuz Tensions
Oil markets edged lower on Tuesday after OPEC+ approved a 188,000 bpd increase in July production quotas, even as geopolitical uncertainty surrounding the Strait of Hormuz kept prices elevated.
Dubai’s AED 2.5 Billion Tourism Recovery Plan: How the UAE Is Winning Back the World
Dubai has never waited passively for tourism to return. In a move that underlines the UAE government's absolute commitment to its visitor economy, Dubai's...
