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Yara Abi Farraj

Yara Abi Farraj is a digital editor and translator at Economy Middle East and Economy Saudi Arabia. She is currently pursuing her MA in International Affairs. With a passion for journalism, Yara covers the daily news in both English and Arabic.

Dubai launches new initiative to support first-time homeownership for Emiratis and expats

Dubai launches new initiative to support first-time homeownership for Emiratis and expats

The program offers priority access to new launches, preferential pricing and tailored mortgage solutions

Abu Dhabi hotel revenues surge to over $230 million in April 2025

Abu Dhabi hotel revenues surge to over $230 million in April 2025

The average revenue per available room reached AED614, marking a major increase from AED486 in the month prior

Abu Dhabi successfully completes first test flight of “Midnight” flying taxi

Abu Dhabi successfully completes first test flight of “Midnight” flying taxi

Test focused on evaluating the flying taxi's VTOL performance in UAE-specific conditions, including temperature, humidity and dust exposure

UAE: Flying taxis can now land on existing helicopter pads in world’s first hybrid regulation 

UAE: Flying taxis can now land on existing helicopter pads in world’s first hybrid regulation 

This initiative helps accelerate the implementation timelines in the UAE and optimizes infrastructure utilization

Dubai real estate sets new record as sales climb to $89 billion in H1 2025

Dubai real estate sets new record as sales climb to $89 billion in H1 2025

H1 sales value rose 40 percent year-on-year, driven by the strongest-ever quarterly performance in Q2

Weaker U.S. dollar to unlock opportunities in emerging markets and global equities, says Standard Chartered

Weaker U.S. dollar to unlock opportunities in emerging markets and global equities, says Standard Chartered

A weaker dollar historically supports returns across risk assets, particularly in emerging markets

Dubai: Three new international universities set to open campuses for 2025–26 academic year

Dubai: Three new international universities set to open campuses for 2025–26 academic year

There is strong interest from major universities to open campuses in Dubai, with several in discussions or pending final approval

Mohammed Bin Rashid Innovation Fund launches new headquarters to boost government innovation

Mohammed Bin Rashid Innovation Fund launches new headquarters to boost government innovation

To date, the fund has issued government-backed guarantees exceeding AED43 million to help members scale their ventures

Saudi Arabia puts micro-credentials at the center of a skills-first hiring revolution

Saudi Arabia puts micro-credentials at the center of a skills-first hiring revolution

98 percent of employers in the Kingdom adopting skills-based hiring practices

Fed’s Powell sparks July rate cut hopes with ambiguous comments

Fed’s Powell sparks July rate cut hopes with ambiguous comments

When asked whether July was too soon for a rate cut, Powell responded that he "can't say"

Stock market today: Asian shares dip as dollar holds near 3.5-year low on Fed, tariff uncertainty

Stock market today: Asian shares dip as dollar holds near 3.5-year low on Fed, tariff uncertainty

Markets are currently pricing in 64 basis points of rate cuts by the Fed this year, with only a 21 percent chance of a cut in July

Dubai’s RTA enhances traffic flow between Sheikh Zayed and Al Khail roads by 40 percent

Dubai’s RTA enhances traffic flow between Sheikh Zayed and Al Khail roads by 40 percent

RTA’s master plan seeks to deliver more than 75 traffic improvement projects across key areas of Dubai in 2025