Economy

WGS 2024: UAE finance ministry signs agreements with World Bank Group, Arab economies

Finance ministry also organises session on sustainable finance for climate action.

WGS 2024: Dubai’s Bharat Mart to become distribution, re-export hub for Indian businesses

Located in Jafza, Bharat Mart is set to open in 2026 and will house 1,500 showrooms.

Oil and beyond: The Middle East economies’ path to new horizons

Region expected to grow by less than 3 percent in 2024

Investopia 2024: Investing in the “new economy” growth sectors

Premier investment summit returns bigger for year 3

WGS 2024: GCC has potential to add $2.5 trillion dollars to GDP, report says

Research also suggests region can accelerate GDP growth from 3.8% to 5.4% over the next decade.

WGS 2024: New report warns of $30 trillion risk from national disasters

Report calls on governments to build resilience to tackle natural and manmade disasters – from floods to terrorist acts.

WGS 2024: Türkiye President urges world to unite amid crises

Uncertainties have dragged the global economy and energy sector into turmoil, Erdogan says.

WGS 2024: Transition to clean energy should not conflict with relying on oil, says Haitham Al Ghais

Dispensing oil for other energy sources is unrealistic, says OPEC secretary general.

WGS 2024: Maktoum bin Mohammed officially launches Buna Payment System

As many as 108 Arab banks have already completed linking with the platform.

WGS 2024: Mohammed bin Rashid meets Prime Minister of Qatar

Leaders highlight summit’s role in boosting regional and global cooperation at World Governments Summit.

WGS 2024: WEF’s Georgieva sees MENA GDP growth reaching 2.9% in 2024

Georgieva highlights the role of the Arab World in shaping future economies

Public expenditure in Arab countries sees 9.8 percent surge in 2022

AMF's Joint Arab Economic Report highlights key trends and challenges

WGS 2024: Sheikh Mohammed meets Klaus Schwab, Kristalina Georgieva in Dubai

Dubai Ruler stressed the need for global economies to cooperate

Türkiye issues $3 billion 10-year eurobonds, sees strong demand

Capitalizing on investor confidence amidst significant changes in economic strategy

Egypt’s 50 percent minimum wage hike to take effect in March

President implements urgent social protection package amidst currency concerns, IMF talks

Dubai International Chamber supports global expansion of UAE entrepreneurs

Meeting showcases bespoke programs to enhance competitiveness and foster international growth

Dewa’s Q4 2023 profits surge 14.6 percent

Robust financial performance driven by increased demand and clean energy initiatives

UAE’s outlook soars as S&P predicts 5.3 percent GDP growth in 2024

Robust expansion in sight fueled by diverse sectors and stable banking environment

PIF Private Sector Forum strengthens economic vision through strategic partnerships

Event concludes with commitment to Saudization and private sector empowerment

China’s Consumer Price Index drops 0.8 percent in January amid export pressures

Consumer and producer price challenges pose threats to growth and employment

Qatar’s economic growth normalizing: IMF report highlights resilience, favorable outlook

Expansion in LNG production and reforms to drive average growth of 5.5 percent