Economy

Emirate rising: Ras Al Khaimah records 17.6 percent growth in new business licences in H1 2025

The sustained growth is the result of strategic vision and a suite of business-friendly policies and incentives designed to attract investment in Ras Al Khaimah

Bahrain Crown Prince, U.S. President announce $17 billion investment package in security and trade

Bahrain's relationship with the U.S. has thrived for over 130 years, promoting mutual support and growth

UAE and Türkiye sign MoUs to boost investment in tourism, agriculture, and industry

Formal ceremony for the agreements took place at the Presidential Palace in Ankara, showcasing unity

TikTok teams up with Visa to support SMB growth in UAE

The initiative is proof of TikTok and Visa’s shared commitment to empowering entrepreneurs and fostering innovation in the UAE

Gold prices: Three scenarios for yellow metal’s trajectory as prices soar to all-time highs in H1 2025

The yellow metal surged by 26 percent in U.S. dollar terms, achieving double-digit returns across currencies

OPEC highlights resilience of UAE non-oil economy amid strong PMI growth in June

The June PMI rose to 53.5, indicating ongoing expansion despite slight deceleration in momentum 

40 percent of adults in developing economies save in financial accounts as mobile tech drives 10 percent growth

Nearly 80 percent of adults worldwide now have a financial account, up from 50 percent in 2011

UAE President arrives in Türkiye on state visit, received by Turkish counterpart

His Highness is accompanied by a delegation of senior officials, enhancing diplomatic ties between nations

Middle East economic outlook shows robust growth driven by non-oil sector: OPEC

Travel and tourism surges are projected to continue, boosting demand for gasoline and diesel 

June 2025 sees Saudi Arabia’s inflation rate stabilize at 2.3 percent year-on-year: GASTAT

Consumer Price Index maintained steadiness at 0.2 percent compared to May 2025

Abu Dhabi Chamber launches field engagement initiative to support small businesses in Al Ain

By engaging directly with business owners, Abu Dhabi Chamber is transforming challenges into concrete opportunities for growth, expansion, and long-term impact

Kuwait and France celebrate upcoming 65th anniversary of diplomatic relations with new investment, cultural agreements

The documents were signed by Kuwait’s Foreign Minister and French Minister of Foreign Affairs

Dubai Centre for Family Businesses, Emirates NBD partner to boost family business support and growth in Dubai

Tailored advisory services will help family businesses safeguard wealth and ensure smooth generational transitions

Why Kuwait is ready for an investment renaissance

Driven by substantial sovereign wealth and a young, educated workforce, Kuwait is rapidly diversifying its economy

China’s GDP grows 5.3 percent to $9.22 trillion in H1 2025

China's economy expanded by 1.1 percent in the second quarter of the year, the NBS said

Impact Nation: How the UAE is turning social innovation into an engine of growth

The UAE recognizes that in an era of geopolitical flux and rising citizen expectations, social impact is no longer a moral nice-to-have — it’s a competitive edge

UAE and KSA cement position as global investment magnets in Kearney’s 2025 FDI Index

The 2025 index results indicate that despite challenges, international investors maintain faith in the Gulf’s economic potential

RAKEZ posts 43 percent surge in new company registrations in H1 2025

The majority of new companies at RAKEZ operated in key sectors, including management, information and marketing consultancies

ADIO and EFOA join forces to attract global family offices to Abu Dhabi

At the core of the agreement is a shared commitment to minimize barriers for incoming investors

Dubai climbs to 7th most expensive city for HNWIs globally: Report

This year, Singapore retained its position as the most expensive city for HNWIs globally, followed by London and Hong Kong

Moody’s upgrades Oman’s credit rating to Baa3 with stable outlook, citing improved debt metrics

Oman’s government debt burden fell to 35.5 percent of GDP, continuing an improvement trend since 2020 

UAE, Chad discuss strategies for enhancing collaboration in the financial sector

The meeting included several senior Chadian officials, highlighting strong diplomatic ties between the nations

Central Bank of Egypt maintains interest rates as GDP growth projected at 4.8 percent

Annual headline inflation decreased to 15.3 percent during Q2 2025

Global economy faces $1.5 trillion loss due to delayed mega projects by 2030: Report

Middle East emerges as epicenter of global construction boom with surging megaprojects