Economy

Upon Saudi Crown Prince’s directives, Kingdom hosts U.S.-Russia talks in Riyadh

Saudi welcomed last week's Trump-Putin phone discussion, aiming to unite both leaders in the Kingdom

U.K. Minister pledges to strengthen ties with Saudi Arabia as bilateral trade hits $21 billion

Over 60 U.K. companies have regional headquarters in Saudi Arabia, employing around 30,000 British workers

Elon Musk on potential American-Russian talks in Riyadh: “This is what competent leadership looks like”

Trump says he expects first meeting with Putin in Saudi, involving Crown Prince Mohammed bin Salman

UAE-Ukraine CEPA marks key step toward new economic era, says Ukrainian economy minister

Svyrydenko stressed that Ukraine's economic growth requires higher levels of investment inflows into the country than at present

ADGM strengthens global network with 28 strategic bilateral engagements at iConnections Global Alts 2025

ADGM explored Abu Dhabi’s rapid rise as one of the world’s most talked-about financial jurisdictions, backed by $1.7 trillion in sovereign wealth capital

Qatar Financial Center cuts 90 percent of application fees to facilitate business setup

New fee structure applies to all applicants seeking a license to conduct non-regulated activities in the QFC, except Single Family Office activities

Abu Dhabi seeks to boost investments with China as bilateral trade projected to reach $200 billion by 2030

The emirate hosts many of the 6,000 Chinese companies in vital sectors like technology and energy

New regulations issued for endowment companies in Abu Dhabi

The resolution establishes a secure framework for family businesses, ensuring sustainability and growth while supporting investment in key sectors

UAE, Ukraine sign CEPA: Deal expected to contribute $369 million to the UAE’s GDP by 2031

Ukraine holds strategic importance for the UAE, with bilateral trade between the two countries reaching $372.4 million in 2024

UAE, France advance bilateral economic ties with key partnerships in priority sectors

One of the key agreements was a partnership framework between Masdar, TotalEnergies and 2PointZero to support clean energy initiatives in emerging markets

UAE highlights key challenges facing the global economy at AlUla Conference for Emerging Market Economies

UAE's reaffirmed its commitment to enhancing its presence in international economic discussions that contribute to financial and developmental stability

Brazil to host BRICS summit in Rio de Janeiro in July

This event highlights Brazil's leadership as it sets the agenda for the upcoming BRICS summit

GASTAT: Saudi Arabia’s inflation rate hits 2.0 percent in January 2025

GASTAT highlighted that the Kingdom's inflation rate is considered the lowest among the G20 countries

Saudi Arabia welcomes potential Trump-Putin summit in Kingdom

Trump said he could meet Putin in 'not too distant future'

New creative district in Riyadh targets growth in creative economy, GDP

This initiative seeks to create a vibrant ecosystem for creative professionals and emerging talent to collaborate on content and drive innovation.

UAE firms can now open Abu Dhabi branches without physical premises for a year, says ADDED

Decision seeks to streamline business processes and give firms easy access to the many business opportunities across Abu Dhabi

Next edition of World Government Summit set for February 3-5, 2026

Minister Al Gergawi: The 12th WGS strengthened partnerships and shared best practices for effective governance

Saudi Arabia to invest $1 trillion in infrastructure by 2030, says economy minister

Alibrahim said that PIF's mission extends beyond financial returns, playing a crucial role in advancing the knowledge economy

WGS 2025: UAE’s Al Zeyoudi meets with senior officials, ministers to grow trade ties with key markets

Discussions centered on pathways to deepen collaboration, accelerate the flow of goods and services and direct investments into priority sectors

UAE Ministry of Climate Change and Environment calls for global cooperation to strengthen ocean ecosystems at WGS 2025

The Climate Action Forum discussed ocean ecosystems and their role in climate adaptation and mitigation

Dubai Ruler honors Zimbabwe’s Anxious Masuka with Best Minister Award during WGS 2025

His Highness Sheikh Mohammed emphasized that exceptional ministers are drivers of positive change

First-ever Global Government Regulatory Forum kicks off at World Government Summit 2025

The regulatory forum aims to provide an integrated platform that showcases the best and latest work models related to enacting regulations

WGS 2025: Abu Dhabi Fund for Development total funding hits $62.3 billion

The Fund expanded investment activities to 107 countries across continents

600 global companies choose Saudi as regional headquarters, investments double to $320 billion: Minister

72 percent of investments came from the private sector, while PIF's portfolio and companies accounted for 13 percent