Economists expect no change to interest rates when the US Federal Reserve meets this week. A poll of market watchers found 85 per cent expect the Fed to leave rates untouched when policymakers wrap up their meeting on Wednesday. British newspaper the Financial Times carried out the survey.
UAE maintains strong credit rating with stable outlook after Moody’s review
The UAE Ministry of Finance has said the country's maintained its Aa2 credit rating with a stable outlook, following a periodic review of the country’s financial position by the credit ratings agency Moody’s Ratings.
Abu Dhabi to host Global Entrepreneurship Festival 2026
Under the patronage of His Highness Sheikh Zayed bin Nahyan bin Zayed Al Nahyan, the Abu Dhabi Global Entrepreneurship Festival 2026 will be held from April 20-22 at the Abu Dhabi Energy Centre, bringing together entrepreneurs, investors, experts, decision-makers and businesswomen.
Dubai’s new business support measures set to boost resilience, growth
Officials overseeing Dubai’s tourism and key economic sectors have said that the business support measures announced earlier this week will bolster resilience, help companies navigate short-term challenges and support sustained growth.
Drugmakers face 100% tariff unless they cut prices or produce drugs in US
President Donald Trump signed an executive order on Thursday imposing 100 per cent tariffs on branded pharmaceuticals imported into the US unless manufacturers agree to government drug pricing deals or commit to making their products domestically.
Wall Street soars as traders bet on potential war off-ramp
Wall Street ended sharply higher on Tuesday, lifted by speculation about a potential de-escalation in the Middle East conflict that has sent oil prices soaring and fuelled fears of global inflation in recent weeks.
The UAE announced it is responding to incoming missile threats from Iran, with an alert issued by the National Emergency and Crisis Management Authority (NCEMA) on its official channel on Sunday at 6:33 am.
UAE air defences detected and successfully intercepted 23 ballistic missiles and 56 drones launched from Iran on Saturday, the Ministry of Defence confirmed.
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has extended his sincere condolences to the family of Emirati businessman Salem Al Saman following his passing, highlighting his contribution to the nation's "economic transformation".
