Economy

Saudi Arabia’s non-profit sector adds over $26.7 billion to economy in new record

The sector's rapid growth is on track to reach 5 percent of GDP two years ahead of schedule

UAE’s real GDP grows 3.8 percent in 9M 2024, non-oil sector’s contributions hit 74.6 percent

Growth was driven by a strong expansion in non-oil sectors, which grew by 4.5 percent to AED987 billion

Saudi Arabia approves launch of Investment Marketing Authority to support growth in key sectors

Authority will bolster Saudi Arabia's investment landscape and aims to consolidate the Kingdom’s position as a world-class investment hub

Egypt’s foreign reserves soar to $47.39 billion in February

Gold holdings in foreign currency reserves reached approximately $11.851 billion in February, up from $11.416 billion

Who is Adrian Orr, New Zealand’s Central Bank governor who suddenly resigned?

Deputy Governor Christian Hawkesby will act as Governor until Orr's departure on March 31

84 percent of women in UAE considering starting their own business, research shows

98 percent of women entrepreneurs expecting revenue growth over the next five years

UAE’s non-oil sector sees steady growth in February as output, new orders rise: PMI

The UAE's PMI stayed at 55.0 in February, signaling a sharp improvement in the health of the non-oil economy

China, Canada strike back at Trump’s tariffs: Is Mexico next?

If the tariffs stay in place, Mexico plans to announce countermeasures, including retaliatory tariffs, on Sunday

Muted price pressures support Egypt’s non-oil sector expansion in February, says PMI

Egypt's PMI declined from a 50-month high of 50.7 in January to 50.1 in February

Workforce planning: Strategies for a resilient and agile workforce

Companies must align workforce planning systems with business targets to ensure optimal harmony and effectiveness

Job creation in Saudi Arabia’s non-oil sector climbs to second-highest in over a decade: PMI

Saudi Arabia's PMI recorded 58.4 in February, down from its strongest reading in just over a decade of 60.5 in January

Investopia hosts China-Arab summit to boost economic cooperation, explore new opportunities

Hundreds of Chinese companies have invested more than $6 billion in various sectors in UAE

Asia accounts for 62.7 percent of multinational companies attracted by Dubai International Chamber in 2024

This emphasizes Dubai’s escalating reputation as a pivotal investment hub for international corporations

Trade wars deepen as China and Canada retaliate after Trump’s tariffs come into effect

China responded immediately, announcing additional tariffs of 10-15 percent on certain U.S. imports from March 10

Egypt to benefit from $94.3 million EU loan to boost food security

The country further sought approval for the EUR4 billion package and emphasized SCZONE as key investment destination.

Investopia 2025: UICCA, UAE Ministry of Economy partner to reinforce sustainability through launch of Circular Economy Cycle

The agreement cultivates sustainable economic growth by supporting a nurturing ecosystem for climate-focused startups

ADIO signs strategic partnership with Italy’s CDP to boost investment, trade

Italy is a key trade partner of the UAE, with annual trade over AED30 billion

Investopia 2025: Future100 initiative explores strengthening UAE’s entrepreneurial ecosystem

The initiative featured 15 sessions with 48 speakers, including ministers, officials, and industry experts

Investopia 2025: Future100 initiative signs 6 agreements to drive startup growth in UAE’s new economy sectors

New partnerships support the initiative's goals to boost future readiness and strengthen the UAE's economic hub

Investopia 2025 records 24 deals, future strategy to zero in on New Economy sectors

The event brought together leading figures, ministers, decision-makers, investors, experts and academics

ADGM achieves record growth in 2024 with 245 percent surge in AUMs

ADGM emerged as fastest-growing financial centre with 32 percent annual growth, totaling 2,381 operational entities

Investopia 2025 highlights global investment trends, possible opportunities for regional and international economic growth

12 discussion sessions and 11 roundtable meetings were held on Day 1 with wide international participation

Investopia 2025 hosts inaugural Business and Investors Conference for Arab Countries, Central Asia and Azerbaijan

The two sides will hold the second conference session in Central Asia and Azerbaijan in 2027