Economy

Investopia 2024: Annual conference seeks solutions to shaping future of economy

Investopia will host over 90 speakers representing major global companies and feature more than 40 dialogues and roundtables

UAE to support Pakistan boost date palm cultivation

As part of the MoU, the First Pakistan International Date Palm Festival 2024 will also be organized

Sheikh Hamdan highlights Dubai’s role in advancing human progress at Middle Eastern cities talk

Volunteers honored by Sheikh Hamdan for dedication to 'Day for Dubai' initiative

Saudi CEOs’ confidence in Kingdom’s economic growth, AI Impact reaches 89 percent: Report

GenAI predicted to boost product quality, competitiveness, and workplace efficiency

Investopia 2024: UAE economy likely to grow by 5% in 2024, says minister

73 percent of the national economy is now non-oil, a historic first, says the minister

Moody’s affirms top credit ratings for key companies in Saudi Arabia

Ratings reaffirm financial resilience and strategic importance within national economy

Investopia 2024: Conference to focus on investment strategies in new economy growth sectors

Investopia will host more than 90 speakers representing major global companies and feature more than 40 dialogues and roundtables

Egypt dollar bonds soar following mega deal with UAE’s ADQ

Currency devaluation stress eases amidst mega development deal

WTO MC13: Ministers finalize IFD Agreement, a milestone for global investment

Propelling economic growth and development through investment facilitation

WTO: 13th Ministerial Conference kicks off in Abu Dhabi

As many as 175 WTO member states, private sector leaders, NGOs and civil society representatives are coming together

WTO MC13: UAE provides $10 million grant to support initiatives

The WTO’s 13th Ministerial Conference is being hosted and chaired by the UAE in Abu Dhabi from 26 to 29 February.

Egypt’s GDP to climb to 5.1 percent by 2025: OECD

Efforts to tackle inflation and improve investor confidence to drive growth

UAE, Gulf economies to outpace global growth in 2024: Report

FAB report says UAE's GDP is likely to expand by 3.7 percent in 2023 and 4 percent in 2024

Kuwait’s inflation reaches 3.28 percent in January 2024

The increase was driven by rising prices in clothing, food, education

64 percent of consumers in Saudi Arabia regard Ramadan as opportune time for new purchases: Report

Appetite for spending in the Kingdom soared 46 percent ahead of Ramadan 2024

UAE, Kenya conclude terms of CEPA to expand trade in multiple sectors

The deal focuses on key sectors, including logistics, healthcare, travel, and tourism

Unprecedented growth in consumer products sector: Price increases drive surge, exceeding 10-year average

New report finds 75 percent of global growth was due to price increases in 2023

Saxo Bank CEO in MENA predicts UAE’s economic growth to surpass 5.5 percent in 2024

Tech investments and financial services are driving growth in the country

Dubai economy likely to grow by around 5 percent this year: Al Ghurair

Al Ghurair anticipated that lower interest rates later this year would help boost borrowing by companies

ECB reports record annual loss of $8.57 billion in 2023

Aggressive interest rate hikes lead to billions in payouts to banks

Over 67,000 new companies join Dubai Chamber of Commerce in 2023

Value of members’ exports and re-exports soars to over AED 284 billion

Türkiye: New Central Bank Governor holds interest rates steady at 45 percent

The decision was widely anticipated following eight consecutive months of rate hikes

Bahrain achieves record-breaking $1.7 billion in investments for 2023

Bahrain's investments to create 5,700+ job opportunities from 85 projects

Bankruptcy law, insolvency key focus at financial restructuring conference in Abu Dhabi

Experts take stock of the progress made on the restructuring front in the MENA economies so far.