Economy

UAE, U.S. Presidents optimistic about future of bilateral relations following $1.4 trillion deal

Sheikh Mohamed and Trump noted the positive impact this development will have on the future of bilateral relations

Sharjah Chamber launches 2025-2027 strategy to propel business growth

Strategy aims to support innovation and entrepreneurship by fostering a growth-oriented and sustainable business environment

Indonesia to join BRICS’ New Development Bank, says President Prabowo

The bank is set to collaborate with Indonesia in sectors such as renewable energy, biodiesel and technological development

Oman sees 1 percent inflation increase in February 2025

Prices of personal goods up 6.3 percent, transport up 3.4 percent, health up 3.2 percent

Make it in the Emirates Forum 2025 to drive UAE’s economic diversification efforts

2025 edition will mark a significant leap in both size and procurement commitments that drive economic diversification and long-term value creation

Investopia inks seven new partnerships for knowledge cooperation, organizing new Investopia Global editions

The MoU with EFG Consulting enhances cooperation for 'Investopia Europe' in Milan, boosting UAE-European ties

Warner Bros. Discovery takes minority stake in Dubai’s OSN to accelerate MENA growth plan

OSN and WBD will invest in high-quality, locally produced content to ensure a more diverse offering for viewers

Supply-chain accessibility is key to economic growth, says UAE at G20 Trade and Investment working group

UAE delegation expressed its support for the integration of developing economies into global supply chains

CBUAE projects UAE GDP growth of 4.7 percent in 2025, 5.7 percent in 2026

The UAE's non-oil trade surpassed AED2 trillion in the first nine months of 2024

UAE central bank issues new AED100 polymer banknote with advanced security features

Polymer banknotes are also more durable and sustainable than traditional paper banknotes, lasting two or more times longer in circulation

Abu Dhabi unveils new initiatives at 6th Al Multaqa meetings to empower private sector

The Abu Dhabi Investment Office (ADIO) is the government vehicle responsible for accelerating Abu Dhabi’s growth

81 percent of CEOs in Saudi Arabia embraced AI in the past year, says PWC

Almost half of CEOs in the Kingdom say that in the past five years, they have begun to compete in sectors or industries that are new to them

Qatar Chamber’s new 2025-2030 strategy to propel FDI, digital economy growth

Strategy aims to develop a business environment that attracts local and foreign investments

UAE, Egypt presidents discuss strengthening ties through developmental and economic collaboration

President El-Sisi held Ramadan Iftar banquet in honor of the UAE president

UAE to invest $1.4 trillion in U.S. economy over 10 years, says White House

Emirates Global Aluminum plans to invest in the first new aluminum smelter in the U.S. in 35 years

Sheikh Hamdan announces $75.42 million in bonuses for Dubai government employees

The bonus will be granted to qualifying employees based on specified criteria

Moody’s affirms UAE’s Aa2 rating citing strong economic diversification momentum

The UAE's rating takes into account the strong support from the government of Abu Dhabi, said the agency

Saudi Arabia’s quality of life program to transform Makkah into a global model for cities

In 2023, the program contributed SAR1.5 billion to Saudi Arabia's GDP

Qatar’s economy grows 2.4 percent in 2024 to $195.72 billion

In 2024, Qatar's non-oil activities accounted for nearly 64 percent of total GDP

Bank of England: Pound falls as interest rates remain unchanged amid global trade concerns

Yields on British gilts slip slightly, with 10-year yield recorded over four basis points lower

Asian stock markets mixed after China central bank keeps rates steady

Downward trends followed Beijing's decision to maintain the five-year and one-year loan prime rates at 3.6 percent

Dubai ranks 5th globally for FinTech for the first time: Global Financial Center Index

Dubai was the only financial city in the region to rank in the top 15 for global competitiveness across multiple categories

DWTC welcomes 2.65 million attendees in 2024, MICE segment grows 26 percent

The healthcare, medical and scientific sector remained the top-performing industry, with 25 events that attracted over 465,000 attendees

ADIO partners with global creator firm to establish regional HQ as content creator economy nears $440 billion

Gushcloud's expansion is set to create 100+ full-time jobs across tech, finance, sales, and legal sectors