Economy

Saudi Arabia, Singapore to establish Strategic Partnership Council as trade grows to $1 billion in 2024

Highlights both nations' commitment to advancing relations in economic and developmental sectors

Finland opens new embassy headquarters in Abu Dhabi, marking 50 years of diplomatic ties

Launching the new embassy headquarters is an important step to boost cooperation and relations between the two countries

Rising environmental, tech challenges threaten global stability: Report

State-based armed conflict emerges as the top immediate risk for 2025, reflecting heightened geopolitical tensions and fragmentation globally

UAE’s Comprehensive Economic Partnership Agreements: A path to enhanced global trade in 2025

UAE's CEPA initiative targets $1 trillion trade and $800 billion economy by 2031

Global markets to trade with considerable volatility as Trump takes office: Saxo Bank

Consensus U.S. GDP growth forecasts for 2025 are at +2.1 percent, a rosy forecast given the risks

A pivotal year for progress

As we face the year 2025, the MENA region is poised for growth, with the non-oil economy playing a critical role

ADFW 2024: Empowering Abu Dhabi’s economy as the falcon takes flight

The third edition hosted insightful gatherings and discussions on the UAE capital's economic growth, key sectors and expansion opportunities

The global economy in 2025: Stability amid uncertainty

IMF and OECD estimate that global growth could hit 3.2 to 3.3 percent this year

Timeless allies, evolving visions: The UK-UAE partnership for a transformative future

The relations between the two countries serve as a compelling example of how strategic collaboration can drive meaningful progress in trade, technology, and sustainability

Redefining the media landscape: Exploring the Dubai Content Creators Program

The Dubai Press Club initiative welcomes participants from various nationalities, professional fields, and creative disciplines

UAE, Malaysia sign CEPA as non-oil bilateral trade grows to $4 billion

The UAE is Malaysia’s second-largest trade partner in the Arab world, accounting for 32 percent of its trade with Arab nations

Sukuk market to remain strong in 2025, may reach $200 billion: Report

Total sukuk issuance amounted to $193.4 billion at year-end 2024

Central Bank of Egypt reports $2.2 billion increase in gold reserves for 2024

This surge brings the total value to $10.644 billion by December 2024, a rise from $8.440 billion recorded in December 2023

UAE and New Zealand sign CEPA, targeting $5 billion bilateral trade by 2032

This agreement seeks to reduce trade barriers, enhance customs procedures

1 Billion Followers Summit 2025 concludes with groundbreaking initiatives, record participation

Over 10 investment funds totaling AED50 million participated in the summit to support content creators across various fields

UAE and Kazakhstan Presidents discuss bilateral relations, issues of shared interest

The two leaders underscored the need for enhanced global cooperation to tackle pressing issues like climate change

IMF forecasts steady global economic growth, continuing disinflation in 2025

Georgieva noted that the U.S. economy is performing "quite a bit better" than anticipated

Global economic growth to remain at 2.8 percent in 2025, says UN

Western Asia's economy is set to strengthen to 3.5 percent in 2025, driven by improved prospects in Saudi Arabia and Türkiye

Geopolitical risks, new tech and skills gap make cyberspace more complex: Report

Geopolitical turmoil has affected the perception of risks, with one in three CEOs citing cyber espionage and loss of sensitive information/IP theft as their top concern

Etihad Credit Insurance signs MoU with Al Maryah Community Bank to boost Xport Xponential initiative

The partnership will open up an additional financial source for the UAE's export and re-export companies

Egypt’s annual inflation declines to 23.4 percent in December 2024

Most notable decline was recorded in vegetable prices which saw a 14 percent dip last month

ADGM publishes new employment regulations, to become effective on April 1

New regulations amend the definition of ‘employee’ to facilitate hiring remote employees

World’s strongest passports in 2025 revealed

The UAE is one of the biggest climbers over the past decade, having secured access to an additional 72 destinations

Dubai’s DWTC to host over 100 events spanning key growth sectors in H1 2025

DWTC calendar features new exhibitions and flagship mega-events such as Arab Health, Gulfood and Arabian Travel Market