Economy

ADGMA, Al Nazaha Association partner to advance anti-fraud and integrity initiatives

Partnership will deliver Fraud and Integrity Training courses, with the potential for co-developing accredited anti-fraud qualifications across the UAE

Global agrifood systems need $1.1 trillion annually to achieve sustainability by 2030

The global community can unlock the capital needed to secure food systems for future generations

UAE advances to 5th globally in 2025 IMD Competitiveness Ranking: Sheikh Mohammed reflects on nation’s progress

The UAE ranked 1st globally in the absence of bureaucracy index and 2nd globally in the government policies adaptability index

Global investors convene in Abu Dhabi to explore infrastructure opportunities at ADIS 2025

ADIS 2025 brought together over 70 global speakers, 30-plus exhibitors, and a diverse assembly of policymakers, investors, innovators, and industry leaders from around the world

Oil-funded growth or true diversification? Key metrics to watch in the GCC

Gulf economies show strong non-oil growth in 2024, but key indicators highlight the depth and sustainability of diversification efforts

UAE launches Summer Hospitality Camp 2025 to train youth for tourism careers

The initiative is a key pillar in the UAE’s broader strategy to build a skilled, future-ready workforce aligned with the UAE Tourism Strategy 2031

GCC dominates Dubai Chamber exports in Q1 2025 with AED 40.5 billion in trade

Markets across the Middle East (non-GCC) came in second, with exports and re-exports totaling AED 25 billion

Central banks expect to increase gold holdings, decrease U.S. dollar holdings over next five years: WGC

A record 43 percent of respondents believe that their own gold reserves will also increase over the next 12 months

FDI flows to developing economies fall to lowest level since 2005, says World Bank

In 2023, developing economies received just $435 billion in FDI, while high-income economies received $336 billion

Emirati SMEs secure AED1.29 billion in Dubai government contracts through supplier program

The Dubai Government continues to empower entrepreneurs by creating a supportive environment and implementing legislative frameworks to leverage growth

GCC economies set to grow 4.4 percent in 2025 despite mounting global trade tensions, says ICAEW

Non-oil sectors in the GCC are forecast to grow 4.1 percent this year, supported by strong domestic demand

Riyadh jumps 60 places to 23rd emerging startup ecosystem globally

Riyadh's startup ecosystem had the most significant growth of any MENA ecosystem in the Top 100 Emerging ranking

Abu Dhabi startup ecosystem ranks 3rd in MENA for performance, generates $4.4 billion in value

Abu Dhabi posted an impressive leap into the top emerging global startup ecosystems, ranking in the #51-60 tier

UAE offers relief to small firms with new GPSSA pension compliance initiative

The targeted waiver is part of GPSSA’s broader efforts to support the UAE’s economic diversification and empower small businesses

Saudi Arabia’s annual inflation rate holds steady at 2.2 percent in May 2025

Saudi Arabia ranks among the lowest inflation rates in G20 countries

Sheikh Mohammed announces UAE’s $1.1 trillion non-oil trade goal to be achieved within two years

H.H. reported 18.6 percent growth in UAE non-oil foreign trade for Q1 2025

UAE GDP hits $483.6 billion in 2024, marking 4 percent growth

Non-oil GDP grew by 5 percent, totaling AED1.342 trillion, showcasing economic diversification achievements

Middle East property sector: A market in transformation

The region is positioning itself as a global real estate powerhouse while navigating challenges of supply constraints and market volatility

UBS Global Family Office Report 2025: Key investment trends and strategic shifts among the world’s wealthiest families

Drawing insights from 317 single family offices across more than 30 markets, the report covers a broad cross-section of global capital and influence

Fed to keep interest rates steady as job growth slows, tariff risks persist

Since the Fed's May policy meeting, the Trump administration has delayed its global tariffs until July

UAE private sector companies must meet semi-annual Emiratization targets by end of June, says MoHRE

By the end of May, over 141,000 Emiratis were employed across 28,000 private sector companies

UAE President, Pakistan’s PM discuss bilateral economic, investment cooperation

Both leaders emphasized the importance of supporting international initiatives for regional and global stability

Saudi Arabia, Netherlands forge agriculture agreements with investments surpassing $114 million

The agreements focus on advancing technologies in the environmental, water, and agricultural sectors

Fitch revises global sovereigns outlook to ‘deteriorating’ on tariffs, policy uncertainty

Median government debt/GDP is expected to increase slightly to 54.5 percent in 2025 from 54.1 percent in 2024