Economy

UAE and Chad Presidents discuss cooperation in trade, economy and investment

Collaboration aims to advance shared development and provide tangible benefits to both nations

UAE Ministry of Economy strengthens anti-money laundering efforts with new MoUs

Initiative strengthens partnerships and compliance systems while enhancing data exchange among all signatories

World Economic Forum: Three UAE women selected for 2025 young global leaders council

Emirati youth's inclusion in a global community underscores their vital role in leadership and decision-making

TikTok could be spared in U.S.-China trade talks as Trump signals possible deal

Trump's remarks underscore a declining appetite for sharply higher tariffs after the market's violent reaction on April 2

Egypt Central Bank cuts interest rates for first time in 4 years

The overnight deposit, lending, and main operation rates were cut by 2.25 percent each

Qatar, Russia commit $2.3 billion to joint investment fund for strategic sectors

Deal will target investments in technology, healthcare, minerals, and other sectors of mutual interest

IMF’s Georgieva confirms no recession ahead despite tariff tensions

In January, the IMF projected global growth of 3.3 percent this year and in 2026

Türkiye central bank unexpectedly hikes interest rate to 46 percent

Monthly core goods inflation is expected to rise slightly in April due to recent developments in financial markets

Abu Dhabi’s Mubadala to acquire $600 million stake in U.K.-based Nord Anglia Education

Operating over 80 schools in 33 countries, Nord Anglia educates more than 90,000 students from ages 2 to 18

UAE highlights role of DNFBPs sector in fighting financial crimes in Dubai

More than seven key legislations and policies have been enacted within a mere four years, specifically between 2020 and 2024

Dubai launches industry-first travel content creator academy to meet sector’s rising marketing demand

Academy will set a new global benchmark for quality in travel content creation

China’s economy beats expectations with 5.4 percent Q1 growth

Analysts believe Beijing is likely to ramp up economic support measures to maintain its 2025 growth target of around 5 percent

Global economy could slow to 2.3 percent on escalating trade tensions, says UNCTAD

Global growth's fall below the 2.5 percent threshold is often associated with a global recessionary phase

UAE, North Macedonia formalize economic and educational partnerships with new agreements

H.H. Sheikh Abdullah discussed with North Macedonia’s foreign minister strengthening bilateral ties 

Egypt’s economic outlook sees GDP reaching $399.8 billion in upcoming fiscal year

Al Mashat projected real growth at 4.5 percent, subject to review if tensions escalated

Abu Dhabi’s Sheikh Khaled approves HELM cluster to support medical innovation and manufacturing

The cluster is projected to contribute more than AED94 billion to Abu Dhabi's GDP and attract investments exceeding AED42 billion

UAE President, Dubai Ruler discuss strategies to enhance UAE’s progress and advance national goals

Their Highnesses discussed national affairs and citizen wellbeing, highlighting their significance in the country’s priorities

UAE, Japan seek stronger cooperation in trade, investment, energy and advanced technology

The visit comes as the total trade volume between the two countries reached about $49.6 billion in 2024

UAE launches AI legislative intelligence office to track economic impact of laws

The new system will monitor the impact of new legislation on the public and the economy on a daily basis

Qatar to invest $7.5 billion in Egypt: President El-Sisi outlines promising opportunity for Qatari investors

Egypt's President called upon companies and businessmen in Qatar to expand their investments in Egypt

Why are high net worth individuals moving to Dubai and Abu Dhabi?

Dubai, Abu Dhabi, Singapore, Zurich and Auckland make up the top five preferred locations for individuals looking to relocate

Saudi Arabia, Egypt explore key investment opportunities at Saudi-Egyptian Investment Forum

Trade exchange in 2024 exceeded $16.3 billion, marking a notable growth of 29 percent compared to 2023