The US dollar has slumped with next week’s presidential election result increasingly looked too close. With some polls showing Donald Trump gaining ground, the dollar is now at a three-week low versus the euro and a 12-day low versus the Japanese yen. The uncertainty has resulted in the fuelling in demand for perceived havens like the yen.
UAE, DR Congo sign CEPA to strengthen economic partnership
The UAE and the Democratic Republic of Congo have formalised economic ties through signing a Comprehensive Economic Partnership Agreement (CEPA) on Monday that aims to reduce tariffs and eliminate trade barriers.
'World's Coolest Winter' boosts UAE tourism, hotel revenues hit AED 12.5 billion
The UAE's Ministry of Economy and Tourism has announced the conclusion of the sixth edition of the World’s Coolest Winter campaign, which recorded strong results across all seven emirates.
UAE and Sierra Leone sign major trade pact
The UAE and Sierra Leone have signed a Comprehensive Economic Partnership Agreement (CEPA) aimed at strengthening trade and investment cooperation.
IMF chief praises UAE's model of economic diversification
Kristalina Georgieva, Managing Director of International Monetary Fund (IMF), has commended the UAE's non-oil trade growth as a testimony of its successful efforts at diversifying its economy, during her opening address at Arab Fiscal Forum.
India budget seeks manufacturing pivot, but falls short of expectations
India pushed manufacturing to the forefront of its budget as it prioritised sectors such as semiconductors, biopharma and renewables, but stopped short of the bold reforms sought by investors to boost investment amid rising geopolitical tensions.
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has led messages welcoming guests to the World Government Summit 2026, running from February 3 - 5 under the theme ‘Shaping Future Governments’.
The UAE has denied false and unfounded claims that it would assume civilian administration of Gaza.
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has explored ways to strengthen cooperation with Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF).
