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Crescent Enterprises Celebrates 11 Years of Sponsorship for Arabian Sights Film Festival

Crescent Enterprises is proudly celebrating its 11th consecutive year of supporting the Arabian Sights Film Festival, coinciding with the festival's milestone 30th anniversary.### Overview...

Growth of Data Centre Cooling Industry in the Middle East

The cooling market for data centres in the Middle East and North Africa is anticipated to grow from USD 0.19 billion in 2025 to...

UAE Employment: The Video Game-Inspired Future of Your Next Job Application

In an era of rapid digital innovation, one vital process — recruitment — remains largely traditional. While industries such as finance, education, and logistics...

Bessent States That US and China Tariffs Must Decrease Before Trade Negotiations Can Begin

U.S. Treasury Secretary Scott Bessent expressed on Wednesday that he anticipates that the high tariffs imposed between the United States and China will need...

NRIs Residing in UAE: A Guide to Securing a Loan Using Your Gold Assets in India

Question: My mother in India is looking to secure a loan from a bank to buy a house, using inherited gold as collateral. How...

ADIB Sees 18% Increase in First Quarter Net Profit Before Tax

Abu Dhabi Islamic Bank announced a net profit before tax of Dh1.9 billion for the first quarter of 2025 on Wednesday, marking an 18%...

Oil Prices Decline by 3%, Reports Indicate OPEC+ May Evaluate Speeding Up Oil Production

On Wednesday, oil prices fell by 3% as reports indicated that OPEC+ might consider fast-tracking its oil output increases in June. However, the declines...

US Economic Activity Remains Stable Recently, Yet Uncertainty Prevails, According to the Fed

The Federal Reserve reported on Wednesday that consumer prices have risen and that economic activity and employment levels have shown minimal change since March...

Abderrahim Maqdisi

News editor
A UAE-based business journalist and analyst specializing in financial news, corporate movements, and economic developments across the Gulf region. Known for clear, data-driven reporting and sharp analysis of key trends in tourism, investment, and financial services. Brings a strategic perspective to fast-moving business events, offering readers timely and reliable insights into the region’s economic dynamics.