Economy

UAE President to commence state visit to Italy on February 24

Discussions will focus on strengthening bilateral cooperation between the UAE and Italy

UAE GDP growth expected to rise from 4.5 percent to 5.6 percent, outpacing IMF’s 3.2 percent forecast: Report

Growth rate of GCC region is expected to double from 2.1 percent to 4.2 percent in 2025

UAE maintains position among world’s top 10 soft powers, defying regional slowdown: Report

The country's Nation Brand has experienced a remarkable increase from $1 trillion to $1.232 trillion

Abu Dhabi, China bolster economic ties at investment forum with partnerships in key sectors

During the forum, participants engaged in discussions on Abu Dhabi’s role as a global financial, trade and technology hub

Qatar investments in U.K. economy surpass $50 billion, says U.K. investment minister

The two countries share a robust economic partnership, with total trade reaching $7.06 billion in the first three quarters of 2024

Dubai Internet City adds $27.23 billion to Dubai’s economy in 15 years: Study

The district's community has facilitated the creation of more than 125,000 direct and indirect jobs

Qatar pledges $10 billion investment in India to boost economic ties

Both countries agreed to double bilateral trade from $14 billion to $28 billion in five years

Oman earns 8th place in Global Entrepreneurship Index 2024, scoring 5.7

Oman's ranking results from ASMED's efforts with public and private partners through strategic initiatives

Kuwait, Uzbekistan strengthen ties with 4 new agreements as bilateral trade grows 23-fold since 2017

The first agreement between the two countries aimed at enhancing collaboration in the private sector labor force

Saudi Arabia’s labor regulations amendments take effect to enhance job stability, market efficiency

The amendments modify 38 articles, remove 7, and introduce 2 new articles to the regulations

Saudi Crown Prince meets Russian Direct Investment Fund Chief, discuss bilateral investment coordination

Riyadh hosted on Tuesday discussions between Russian and U.S. representatives

Oman’s GDP rose 1.9 percent in H1 2024, fueled by 3.6 percent non-oil growth: Central Bank

Despite global challenges, the Omani economy has demonstrated resilience in handling various economic shocks

UAE and Ukraine explore investment opportunities following CEPA signing, issue joint statement

CEPA aims to add about $369 million to UAE's GDP and $874 million to Ukraine's GDP

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