Demand for travel insurance skyrockets as safety becomes top priorityThe global travel insurance market size is expected to reach $63.9 billion by 2030
Adnoc, Osaka Gas sign long-term deal for LNG deliveryThe LNG will primarily be sourced from Adnoc’s lower-carbon Ruwais LNG project, which is currently under development
Banking sector’s net foreign reserves surge 8% to Dh91bGold reserves held by the apex bank reach Dh20.619 billion by May 2024, showing YoY growth of 19.7% from Dh17.219 billion in May 2023
UAE business confidence remains robust, but growth easesPrice inflation accelerates further in July, PMI report notes
Oil may top $100 if Mideast war escalatesIf Iran joined an open conflict, it could cause significant market movements
Alpha Dhabi net profit surges 92% to Dh5.1bThe first half saw remarkable performance across all business segments
Revival of GCC-UK FTA talks set to boost two-way trade, investmentSome £19 billion in total had already been invested in each other’s economies by 2021
Middle East passenger demand surges 9.6% in JuneAll regions showed strong growth for international passenger markets