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Mohammed Bin Rashid Engages with Kuwaiti Business Leaders at UAE-Kuwait Economic Forum

February 2, 2026 by emiratespressreleases.net

Dubai: His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, met with a delegation of Kuwaiti businessmen at the UAE-Kuwait Economic Forum in Dubai. The event, part of the ‘UAE and Kuwait: Brothers For…

Categories Business

Mohammed Bin Rashid Engages with Arab Finance Ministers at 10th Arab Fiscal Forum

February 2, 2026 by emiratespressreleases.net

Dubai: H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, met with Arab Ministers of Finance during the tenth Arab Fiscal Forum, held as part of the World Governments Summit 2026 in Dubai. The meeting saw t…

Categories Business

China’s High-Tech Industry Records 13.9 Percent Sales Growth in 2025

February 2, 2026 by emiratespressreleases.net

Beijing: China’s high-tech sector demonstrated robust expansion in 2025, with sales revenue climbing 13.9 percent year on year, according to the latest tax data released by the State Taxation Administration.

According to China Central Television, th…

Categories Business

Gold Prices Decline Amidst Market Volatility

February 2, 2026 by emiratespressreleases.net

Dubai: Gold prices declined on Monday, with spot gold dropping 1.5 percent to US$4,793.97 per ounce as of 08:46 GMT, after touching its lowest level in more than a week on Friday.

According to Emirates News Agency, gold reached a record high of US$5,…

Categories Business

Mashreq Achieves AED8.3 Billion Net Profit Before Tax in 2025

February 2, 2026 by emiratespressreleases.net

Dubai: Mashreq delivered a strong performance in 2025, achieving a net profit before tax of AED8.3 billion in 2025, with net profit after tax of AED7.0 billion, reflecting the Bank’s ability to translate scale, diversification and operating discipline…

Categories Business

Aldar Expands Strategic Landbank with AED23 Billion Development in Abu Dhabi

February 2, 2026 by emiratespressreleases.net

Abu dhabi: Aldar has announced a substantial expansion of its strategic landbank in Abu Dhabi, adding AED23 billion in gross development value. The new sites cover more than 2.3 million square meters and are set to deliver approximately 3,000 new home…

Categories Business

Arab Economies Expected to Grow 3.7 Percent: IMF Managing Director

February 2, 2026 by emiratespressreleases.net

Abu dhabi: Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), stated that Arab economies are expected to grow by 3.7 percent in the coming period. This growth is attributed to increased oil production and the recovery of…

Categories Business

Italian Unemployment Reaches New Record Low of 5.6%

February 2, 2026 by emiratespressreleases.net

Italy: Italy’s unemployment rate fell to 5.6 percent in December, marking the lowest level recorded since the statistical series began in 2004, according to provisional data released by Istat on Friday.

According to Emirates News Agency, the figure …

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