Economy

Dubai Chambers explores enhancing trade, investment ties with EU amid free trade talks

The roundtable highlighted the growing economic relations between Dubai and the EU

Saudi Arabia, China strengthen financial cooperation in tax policy and capital markets

Discussions aimed at strengthening bilateral ties and improving international financial institutions

Syria needs at least $1 trillion to rebuild economy, says minister

Al-Shaar said the World Bank's estimate of $400 billion for rebuilding the economy is insufficient

UAE Future 50 initiative launched to support Emirati startups in future-focused sectors

Initiative aims to highlight promising Emirati startups by providing targeted support to accelerate their growth

AI job disruption and trade tensions raise global economic uncertainty, WEF warns

WEF’s economic outlook revealed 47 percent of economists anticipate job losses due to AI transformation

Abu Dhabi’s non-oil sector activity to drive 2.5 percent GDP growth in 2025, says S&P

S&P Global Ratings said the emirate’s sovereign credit rating for both foreign and local currency is AA/Stable/A-1+

Arab Media Summit 2025: Regional media leaders highlight scope of industry’s growth amid technological revolution

Forum spotlighted the rapid advances in technology from a media perspective and the significant youth demographic in the Arab world

MENA media market to grow to $20.6 billion by 2028: Report

From 2024 to 2028, all major MENA markets will see consistent growth in gaming revenues

Ras Al Khaimah’s GDP to hit 4.3 percent in 2027-2028 on strong tourism, real estate: S&P

The emirate's economic growth will weaken modestly to average 3.3 percent in 2025-2026

UAE President, Lebanese PM discuss bilateral relations, explore new avenues for cooperation

The meeting at Qasr Al Bahr addresses regional stability and security for the benefit of both nations

UAE Ministry of Higher Education establishes Youth Council to shape future leaders in science, academia

Youth Council aims to support the development of qualified national leaders in the higher education and scientific research sector

Arab Media Summit 2025 spotlights role of youth in shaping media landscape

The first day of the summit saw UAEU and the Dubai Media Council partner to develop training programs and knowledge-driven projects

UAE launches degree verification service to boost private sector hiring, labor market efficiency

The initiative facilitates the delivery of fast, reliable government services that meet evolving labor market needs

Sheikh Hamdan, Sultan of Oman discuss strengthening cooperation in key sectors

Sheikh Hamdan attended the signing of an agreement to develop and operate the first phase of the Al Rawdah Special Economic Zone in the Wilayat of Mahadha

Egypt reports record primary surplus of GDP at 3.1 percent from July to April 2025

The debt-to-GDP ratio has declined, showing commitment to maintaining this positive financial trend 

UAE, Paraguay Presidents explore ways to strengthen economic and trade ties

Sheikh Mohamed emphasized the UAE’s ongoing efforts to further diversify its economic and development partnerships

UAE, Azerbaijan central banks sign MoU to strengthen financial cooperation and exchange expertise

Both parties aim to deepen technical cooperation through training, research, and knowledge exchange 

UAE and Oman deepen strategic ties as Dubai Crown Prince leads landmark visit

Discussions will explore avenues for strategic partnerships and cooperation across various sectors

Saudi Arabia’s digital economy contribution to GDP soars to 15.6 percent in 2023

Imports of ICT goods soared to SAR54.9 billion, marking a 19.9 percent increase in 2023

Trump proposes 50 percent tariffs on EU as Apple risks 25 percent unless manufacturing moves to U.S. 

Trade discussions between Trump’s administration and the EU have been described as going nowhere

UAE-France Strategic Dialogue’s 17th session facilitates cooperation in six priority fields

Both sides commended the announcement to launch negotiations toward a CEPA between the UAE and the EU

GCC retail sector to reach over $390 billion by 2028 amid digital transformation

Saudi Arabia and the UAE continue to lead the region, representing over 75 percent of all retail sales today

Dubai Chambers reports surge in service excellence program participation

The Service Excellence Program forms part of Dubai Chambers’ broader vision to elevate service standards

UAE seeks stronger trade, investment ties at 15th BRICS Trade Ministers Meeting in Brazil

Meeting concluded with the endorsement of several key documents aimed at deepening economic cooperation