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Category: Business 9423

Abdullah bin Zayed: Knowledge is the Path to Building the Future
Business
  • 1 mins read

Abdullah bin Zayed: Knowledge is the Path to Building the Future

Sheikh Abdullah bin Zayed Al Nahyan affirmed that knowledge is the true path to building the UAE's future, stressing the importance of enhancing Arabic and developing AI skills among students.

Tennis Icon Federer Joins Billionaire Athletes Club
Business
  • 1 mins read

Tennis Icon Federer Joins Billionaire Athletes Club

Roger Federer, the Swiss tennis star, has joined the billionaire athletes club with a net worth of $1.1 billion, thanks to his investments in the shoe brand 'On' valued at nearly $15 billion.

For 'Ethical Reasons'... Norwegian Sovereign Wealth Fund Excludes 5 Israeli Banks
Business
  • 1 mins read

For 'Ethical Reasons'... Norwegian Sovereign Wealth Fund Excludes 5 Israeli Banks

The Norwegian sovereign wealth fund, the world's largest at two trillion dollars, decided to withdraw investments from the American company Caterpillar and five Israeli banks for ethical reasons.

Less Than Expected: Kuwait's Budget Records a Deficit of $3.46 Billion
Business
  • 1 mins read

Less Than Expected: Kuwait's Budget Records a Deficit of $3.46 Billion

Kuwait's final budget accounts for 2024-2025 show an actual deficit of 1.056 billion dinars ($3.46 billion), significantly less than the expected 5.6 billion dinars deficit in the draft budget.

Artificial Intelligence in UAE Financial Sector Surpasses Global Average
Business
  • 1 mins read

Artificial Intelligence in UAE Financial Sector Surpasses Global Average

UAE accounting and administrative teams adopt AI to enhance financial reporting and analytics, allocating 10% of IT budgets despite fragmented usage challenges.

UAE Ranks Second in the Gulf for Islamic Banks' Asset Size
Business
  • 1 mins read

UAE Ranks Second in the Gulf for Islamic Banks' Asset Size

Islamic banks' assets in the UAE grew by 16.6% over one year to reach AED 869 billion by May 2025, ranking second in the Gulf after Saudi Arabia.

Gold Price Today in Egypt Monday, August 25, 2025: Technical Forecasts for Gold Price - Youm7
Business
  • 1 mins read

Gold Price Today in Egypt Monday, August 25, 2025: Technical Forecasts for Gold Price - Youm7

The price of 21-carat gold in Egypt fell by 10 EGP on Monday, August 25, 2025, influenced by a global drop in the ounce price amid expectations of a US interest rate cut in September.

Arthur D. Little: Great Importance to Maximizing Utilization of Gulf Natural Gas Reserves
Business
  • 1 mins read

Arthur D. Little: Great Importance to Maximizing Utilization of Gulf Natural Gas Reserves

Arthur D. Little launched a new report revealing a data-based methodology to help GCC countries improve the utilization of their 40 trillion cubic meters of natural gas reserves by enhancing distribution efficiency across sectors.

Fake Platforms and Pages Demand Fees from Consumers to Resolve Complaints
Business
  • 1 mins read

Fake Platforms and Pages Demand Fees from Consumers to Resolve Complaints

The Emirates Consumer Protection Association warns of fake social media platforms demanding fees from consumers to resolve complaints, while the association provides this service free of charge.

Turki bin Mohammed bin Fahd Participates in the Annual National Blood Donation Campaign Launched by the Crown Prince
Business
  • 1 mins read

Turki bin Mohammed bin Fahd Participates in the Annual National Blood Donation Campaign Launched by the Crown Prince

Minister of State Prince Turki bin Mohammed bin Fahd participated in the annual national blood donation campaign launched by Crown Prince Mohammed bin Salman, emphasizing the leadership's commitment to public health and encouraging voluntary blood donation.