Economy

FDI flows to developing economies fall to lowest level since 2005, says World Bank

In 2023, developing economies received just $435 billion in FDI, while high-income economies received $336 billion

Emirati SMEs secure AED1.29 billion in Dubai government contracts through supplier program

The Dubai Government continues to empower entrepreneurs by creating a supportive environment and implementing legislative frameworks to leverage growth

GCC economies set to grow 4.4 percent in 2025 despite mounting global trade tensions, says ICAEW

Non-oil sectors in the GCC are forecast to grow 4.1 percent this year, supported by strong domestic demand

Riyadh jumps 60 places to 23rd emerging startup ecosystem globally

Riyadh's startup ecosystem had the most significant growth of any MENA ecosystem in the Top 100 Emerging ranking

Abu Dhabi startup ecosystem ranks 3rd in MENA for performance, generates $4.4 billion in value

Abu Dhabi posted an impressive leap into the top emerging global startup ecosystems, ranking in the #51-60 tier

UAE offers relief to small firms with new GPSSA pension compliance initiative

The targeted waiver is part of GPSSA’s broader efforts to support the UAE’s economic diversification and empower small businesses

Saudi Arabia’s annual inflation rate holds steady at 2.2 percent in May 2025

Saudi Arabia ranks among the lowest inflation rates in G20 countries

Sheikh Mohammed announces UAE’s $1.1 trillion non-oil trade goal to be achieved within two years

H.H. reported 18.6 percent growth in UAE non-oil foreign trade for Q1 2025

UAE GDP hits $483.6 billion in 2024, marking 4 percent growth

Non-oil GDP grew by 5 percent, totaling AED1.342 trillion, showcasing economic diversification achievements

Middle East property sector: A market in transformation

The region is positioning itself as a global real estate powerhouse while navigating challenges of supply constraints and market volatility

UBS Global Family Office Report 2025: Key investment trends and strategic shifts among the world’s wealthiest families

Drawing insights from 317 single family offices across more than 30 markets, the report covers a broad cross-section of global capital and influence

Fed to keep interest rates steady as job growth slows, tariff risks persist

Since the Fed's May policy meeting, the Trump administration has delayed its global tariffs until July

UAE private sector companies must meet semi-annual Emiratization targets by end of June, says MoHRE

By the end of May, over 141,000 Emiratis were employed across 28,000 private sector companies

UAE President, Pakistan’s PM discuss bilateral economic, investment cooperation

Both leaders emphasized the importance of supporting international initiatives for regional and global stability

Saudi Arabia, Netherlands forge agriculture agreements with investments surpassing $114 million

The agreements focus on advancing technologies in the environmental, water, and agricultural sectors

Fitch revises global sovereigns outlook to ‘deteriorating’ on tariffs, policy uncertainty

Median government debt/GDP is expected to increase slightly to 54.5 percent in 2025 from 54.1 percent in 2024

Trump urges Fed to cut rates by ‘one full point’ following latest CPI data release

Trump described the May Consumer Price Index as a “great” number

Sheikh Hamdan explores future of space sector with leading UAE-based startups

Sheikh Hamdan highlighted the space sector as a vital driver of the future and sustainable economic growth

Global gender gap closes to 68.8 percent yet full parity remains 123 years away, says WEF

Iceland led the rankings for the 16th year running, followed by Finland, Norway, the United Kingdom and New Zealand

U.S.-China trade deal is ‘done’ and tariffs on China will be set at 55 percent, says Trump

The president explained that full magnets and any necessary rare earths will be supplied, up front, by China

Top fastest-growing jobs, industries for fresh-grads in Saudi Arabia for 2025 revealed by LinkedIn 

Education emerges as the fastest-growing sector, driven by Saudi Arabia's Vision 2030 initiatives

Investopia Global Mediterranean to launch second edition in Greece in 2026

Second edition aims to drive partnerships across pivotal sectors of the new economy 

U.K.-Saudi Investment & Partnership Summit to spotlight transformative forces shaping the future of U.K.-Saudi relations

Summit will highlight new approaches to investment and public-private partnerships that overcome key barriers to growth

UAE and U.S. discuss pathways for bilateral cooperation in economy, technology and AI sectors

Discussions included promoting peace and coexistence with regional and international partners