Bitcoin prices shot up in early trading hours on Monday, April 28, to cross the $94,000 mark, touching $94,083 briefly, gaining close to 8% in 7 days
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Dubai free zones to gain from Trump tariff policies as businesses eye neutral UAE
The UAE’s position as a global trade hub with its business-friendly environment could attract more manufacturers and logistics firms looking to mitigate exposure to U.S. tariffs
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IMF cuts global growth forecast as Trump tariffs create ‘major negative shock’
Global economic growth slashed to 2.8% as Trump’s tariffs create “major negative shock,” with US recession risk rising to 40% and forecasts for both US and China hit hardest
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Donald Trump to visit Saudi Arabia, UAE and Qatar from May 13
US President Donald Trump will visit Saudi Arabia, UAE and Qatar next month
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Analysis: Will Gulf economies feel the heat from Trump’s tariffs?
Regional analysts predict limited direct effects but warn of broader economic fallout if global slowdown hits oil demand
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Trump exempts smartphones, computers from new tariffs
The exclusions cover 20 product categories, including the comprehensive 8471 code for computers, laptops, disc drives and automatic data processing
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Trump tariffs to drive up UAE, Saudi Arabia construction costs up to 7%: Report
The UAE and Saudi Arabia currently have over $2.3 trillion in active projects which could be impacted by the rising prices of key materials such as steel and concrete over the next 1-2 years
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UAE exchanges, fintechs brace for Trump tariffs impact on remittances as global trade tensions mount
Money transfer firms in Dubai are bracing for currency swings as Trump’s tariffs shake global trade, impacting remittances to India, Pakistan, and the Philippines
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Experts predict short-term change in UAE property market as a result of Trump tariffs
The UAE and other regional markets to gain in the supply chain sector as suppliers seek alternative markets, following Trump’s tariffs
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Saudi stock market loses over half trillion riyals amid US-China trade war: Reports
Saudi Arabia’s benchmark Tadawul All Share Index (TASI) fell more than 700 points (6.1 per cent) to below 11,200 points
Abu Dhabi
UAE Eid Al Adha expected dates; Dubai real estate top areas; New Saudi commercial law; Trump plans Gulf visit – 10 things you missed this week
Eid Al Adha in the UAE, Dubai real estate analysis, Donald Trump’s plans to visit the Gulf and more top news stories this week
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Gulf nations largely sheltered from Trump’s tariff storm, experts say
This favourable trade balance for the US means Gulf nations avoided being classified among what the White House described as the “worst offenders” that received higher reciprocal tariffs
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WTO, IMF warn of global economic damage from Trump’s tariffs
The IMF plans to share a detailed assessment of the tariffs’ impact later this month
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Billionaires lose $208bn in a single day as Trump tariffs rock global markets
While the world’s 500 richest saw fortunes plummet, Middle Eastern tycoons were the only group to post gains amid the market turmoil sparked by Trump’s tariffs
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World leaders condemn Trump’s ‘Liberation Day’ tariffs as diplomatic row deepens
Governments worldwide pledged retaliatory measures against President Trump’s new tariffs, setting the stage for what could become the largest global trade conflict since the aftermath of WWII
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EXPLAINER: How Trump’s ‘reciprocal’ tariffs work and what they mean for global trade
Trump argues that decades of “unfair” trade practices have hollowed out American manufacturing, undermined critical supply chains, and rendered U.S. defence industries dependent on foreign adversaries
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Trump imposes sweeping tariffs in major escalation of global trade war
‘It’s our declaration of economic independence,’ says Trump