Economy

LEAP 2025: $1.78 billion in tech investments announced as sports and startups take center stage

Equinix announced a $1 billion investment to launch the region’s largest data center in Saudi Arabia

WGS and Strategy& Middle East launch new productivity index, highlighting GCC’s $2.8 trillion GDP potential

PPI redefines productivity measurement by integrating environmental sustainability, well-being, innovation, and institutional quality

WGS 2025: UAE Gender Balance Council highlights nation’s progress in gender equity

Women now hold one-third of ministerial positions in the UAE government and 50 percent of seats in the Federal National Council

WGS 2025: UAE President and Dubai Ruler meet Pakistani PM, reaffirm bilateral historical ties

Talks emphasized economic, trade, and development areas aligned with both nations' growth visions

WGS 2025: Sheikh Mohammed meets with Arab finance ministers, stresses cooperation for sustainable development

H.H. welcomed the participation of Arab delegations, including ministers and key economic and financial decision-makers

WGS 2025: Mohammad Al Gergawi reflects on humanity’s pivotal moment 25 years into the millennium

The UAE Minister raises questions about four key events that have shaped the past 25 years

WGS 2025: Sheikh Mohammed meets with Klaus Schwab, underscores UAE’s commitment to shaping unified global vision for growth

H.H. underscored the imperative for governments to keep pace with substantial changes reshaping the world

WGS 2025: Sheikh Mohammed, IMF Managing Director explore means to enhance UAE-IMF cooperation

The meeting was attended by H.H. Sheikh Hamdan, Crown Prince of Dubai

World Governments Summit 2025 opens with record global participation

Monday marked Day Zero of WGS 2025, featuring several key forums

Global economy in 2025: A year of caution and challenges

In the MENA region, 64 percent of chief economists surveyed by the World Economic Forum (WEF) expect moderate growth

Mega forces shaping the 2025 economy: How AI, geopolitics, and energy transition will affect the Middle East

Saudi Arabia exemplifies a nation meeting these challenges head on, with the IMF projecting GDP growth of 3.3 percent in 2025

WGS 2025: Sheikh Maktoum calls Ninth Arab Fiscal Forum a strategic platform for Arab economic integration

Forum organized by Ministry of Finance in cooperation with the Arab Monetary Fund and the International Monetary Fund

UAE President and Vice-President welcome international guests to World Governments Summit 2025

WGS 2025 will host 30+ heads of state, 80+ organizations, 140 delegations, and 6,000 attendees

WGS 2025: IMF projects 3.3 percent global growth for 2025; MENA expected to rebound to 3.6 percent

Middle East recovery is expected to be fueled by an uptick in oil production and a reduction in regional conflicts

Abu Dhabi sees 16 percent growth in new economic licenses during 2024

Growth is boosted by emirate's business-friendly ecosystem and high standards of transparency, governance

UAE President, Bahrain King reaffirm commitment to cooperation and development

Non-oil trade between the UAE and Bahrain hit $4.16 billion, a 26 percent surge

WGS 2025: Day Zero kicks off in Dubai with key forums

Forums include the Arab Fiscal Forum, the Arab Meeting for Young Leaders and the Young Arab Leaders Forum

WGS 2025: Dubai to host first edition of Young Arab Leaders Forum

Forum will bring together over 200 emerging leaders from across the Arab world on February 10

DIFC launches Dubai Financial Experts Program to develop next generation of national leaders in financial services

The initiative aims to boost Emirati knowledge, skills, and leadership in financial services

Dubai Chambers, U.S Chamber of Commerce partner to enhance trade, investment ties

Partnership will strengthen trade relations and enhance the ties between the business communities of Dubai and the United States

Sheikh Hamdan approves key social welfare, digital transformation initiatives for Dubai

Strata Registration initiative approved to enhance homeownership opportunities for UAE citizens

Dubai’s GDP grows 3.1 percent to $92.4 billion in first nine months of 2024

Trade, Transportation and Storage, and Finance and Insurance emerge as the leading sectors driving growth

Bank of England cuts interest rates to 4.5 percent, lowest since 18 months

This decision follows December's unexpected inflation drop from 2.6 percent to 2.5 percent