Economy

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

WGS 2025: Türkiye-Arab trade surpassed $54.5 billion in 2024, says Murat Efe

The CEPA between the UAE and Türkiye contributed to an 11 percent increase in trade between the two countries in 2024

Trump pushes for lower interest rates despite January’s 3 percent inflation rise

These comments follow Powell's statement that policymakers shouldn't rush to cut rates amid inflation

UAE is home to the GCC region’s most diversified economy, reveals Global Economic Diversification Index (EDI) 2025

Through its Policy Research Department, the Mohammed Bin Rashid School of Government strives to enrich government decision-making locally and internationally with datasets and evidence-based recommendations in diverse areas of public policies

ADGM appoints Justice Paul Heath KC as Judge to ADGM Courts

Justice Paul Heath KC replaces Justice William Stone SBS KC after he retired as a Judge in late 2024

WGS 2025: ‘Future of the Economy’ forum highlights transformative trends shaping global economy growth

H.E. Al Marri: UAE's unique economic model adapts to global changes and geopolitical challenges

UAE honors winners of Global Government Excellence Awards this year

Presented during the World Governments Summit, the accolades recognize significant contributions to improving the quality of life in communities worldwide

WGS 2025: Dubai Ruler discusses growing bilateral ties with Poland’s President, Kuwait’s PM

President of Poland committed to enhance connectivity, economic cooperation with UAE

UAE President meets global leaders, delegation heads at WGS 2025

Sheikh Mohamed visited the ‘Edge of Government’ exhibition, a key event at the summit

WGS 2025: Gulf economies to grow 3.4 percent in 2025, says World Bank MENA VP

Dione highlighted that the GCC countries maintain a strong economic position thanks to their diversification efforts

WGS 2025: Georgia’s PM highlights UAE as benchmark for progress and economic cooperation

Kobakhidze emphasized the $5.5 billion investment MoU between Abu Dhabi's Eagle Hills and the Government of Georgia

WGS 2025: Future of Work Forum spotlights impact of AI on productivity, work patterns and economic trends

The forum featured six sessions that sought to forecast the future of labor, led by decision-makers, researchers and academic experts