Economy

Dubai Ruler awards Ajman Crown Prince, Sheikh Theyab with Mohammed bin Rashid Sash

Sheikh Ammar received the sash for his role in developing the government system in Ajman

New corporate tax will not impact UAE’s attractiveness for businesses: Experts

The new tax is a logical evolution to the UAE’s broader economic and strategic advantages

Qatari economy grows 0.8 percent to $48.5 billion in Q2 2024

GVA of non-mining sector activities reached $33.23 billion during this period

Egypt’s inflation falls to 25.5 percent in November

Headline inflation climbed to a record high of 38 percent in September 2023 after falling to 26.5 percent in October

UAE corporate tax amendments: 9 things to know

Amendments include introduction of a domestic minimum top-up tax, and tax incentives to support growth and innovation

Central Bank of Kuwait allocates $792 million bonds, securitization

The bank specified that this issuance has a maturity period of three months and an interest rate of 4.125 percent

UAE accelerates efforts towards implementing Circular Economy Policy 2021-2031

The council reviewed the most important milestones achieved by the UAE in its transition towards a circular economy model

UAE President, UK Prime Minister discuss bilateral relations

The two leaders reviewed areas of bilateral collaboration and explored ways to enhance ties

UAE acquires McLaren: Abu Dhabi’s CYVN Holdings inks agreement

CYVN will empower McLaren to reach its full potential via access to engineering and design capabilities

UAE corporate tax: Large multinational companies to pay 15 percent top-up tax in 2025

The UAE is considering the implementation of a Research and Development Tax Incentive to encourage R&D activities

Abu Dhabi Finance Week (ADFW) 2024: Abu Dhabi Crown Prince Sheikh Khaled attends opening ceremony

Sheikh Khaled emphasized ADFW's role in further strengthening the UAE and Abu Dhabi’s role as leading hubs for finance

Saudi Arabia’s real GDP grows 2.8 percent in Q3 2024 on stronger non-oil activity

Saudi Arabia's GDP at current prices reached SAR1.007 trillion in Q3 of 2024

Abu Dhabi Finance Week (ADFW) 2024 opens with top financial leaders in ‘Capital of Capital’

The theme of Abu Dhabi’s Falcon Economy was at the core of the event’s high-level strategic discussions

ADFW 2024: A day-by-day guide

Get to know the gatherings that will make this year’s ADFW its biggest edition yet

10 fastest-growing economies in the world in 2024

Guyana is expected to be the fastest-growing economy this year with real GDP expected to 43.8 percent

ADFW through the years: A journey of growth and global influence

ADFW serves to reaffirm Abu Dhabi’s position as one of the Gulf Cooperation Council’s leading financial hubs

UAE, Sweden explore strengthening bilateral ties in key sectors

The UAE is Sweden's second-largest export market in the Arab world after Saudi Arabia

Abu Dhabi Business Week spotlights emirate’s investment appeal

Event showcased the investor journey in Abu Dhabi and the emirate’s services for both local and international investors

ADBW 2024: Abu Dhabi announces Golden Vendor list to boost local procurement in industrial sector

Products and services that are part of the Golden Vendor List will now be integrated into the Abu Dhabi Government's tendering process

UAE non-oil economy reports strong growth in November: PMI

The Dubai PMI climbed to 53.9 in November, up from 53.2 in October but slightly below the UAE's 54.2

Abu Dhabi’s Hub71 secures $1.9 billion in funding for startups

The global tech hub generated revenues surpassing $1.08 billion

Why are the world’s billionaires moving to UAE?

The aggregate wealth of UAE billionaires rose 39.5 percent to $138.7 billion

ADBW 2024: Abu Dhabi Chamber launches 2025-2027 Roadmap with five pillars for innovation and growth

The new roadmap guides the enhancement of the emirate’s economy, building on ADCCI’s successes over the next three years 

FSRA regulatory framework to support issuance of fiat-referenced tokens in ADGM

Framework introduces key components that establish robust standards for FRT issuers to ensure financial stability and investor protection