MENA

ADBW 2024: Abu Dhabi Chamber launches 2025-2027 Roadmap with five pillars for innovation and growth

The new roadmap guides the enhancement of the emirate’s economy, building on ADCCI’s successes over the next three years 

What to expect at the 30th Dubai Shopping Festival this December

DSF offers concerts, fireworks, drone displays, shopping, and raffles, enchanting visitors daily across Dubai, from sunrise to sunrise

Oil prices decline as OPEC+ prolongs supply cuts

Brent crude futures for February delivery fell by 0.4 percent to $71.80 a barrel

Optimism in Saudi real estate fueled by lower rates and strong transparency: Report

The Kingdom’s commitment to economic diversification under Vision 2030 support growth and boost investor confidence 

dnata Logistics breaks ground on $27.2 million Dubai South warehouse

The new warehouse will handle 400,000 tons of cargo annually, boosting storage capacity by 50 percent and creating over 50 jobs 

Dubai CommerCity launches autonomous delivery robots trial for enhanced last-mile logistics

The free zone will designate areas for robot parking and charging during the trial to enable seamless operations 

COP16 Riyadh: Arab Coordination Group commits $10 billion by 2030 to combat desertification, land degradation

This commitment aims to enhance land restoration, climate resilience, and nature-positive development

Dubai Duty Free reports $1.94 billion in sales by end of November 2024

November 30 set a new daily sales record for the year at $8.46 million

AI in sports forecasted to hit $19.2 billion by 2030: Report

AI expected to generate $8.5 billion for GCC media and entertainment by 2030

Oil prices edge up amid U.S. inventory draw, OPEC+ meeting in view

Brent crude futures, set to expire in February, climbed by 0.1 percent to $72.37 a barrel

Abu Dhabi’s NMDC Group creates new Logistics & Technical Services division to drive expansion and diversification

The new unit adds logistics and technical services to the Group’s marine, EPC, engineering, and construction sectors 

Qatar: Non-energy private sector business activity accelerates in November

Increases in jobs and wages remain among fastest on record

GCC economies to more than double growth to 4 percent in 2025: Report

UAE's economy is set to grow from 3.7 percent in 2024 to 4.5 percent in 2025

The economic impact of land degradation: Why $1 billion daily investments are crucial

$2.6 trillion is needed by 2030 to restore over one billion hectares of degraded land and improve drought resilience

New Murabba launches ESG and decarbonization strategies aligned with Vision 2030

These frameworks demonstrate the company's commitment to sustainable development

UAE’s Federal Tax Authority urges businesses to file corporate tax returns by December 31, 2024

This will help them avoid administrative penalties for failing to comply with the legally mandated deadlines

Oil prices fall modestly as U.S. inventories rise, OPEC+ meeting approaches

Brent oil futures for February delivery dipped 0.1 percent to $73.58 a barrel

UAE National Day: Celebrating 53 years of unity and progress through visionary leadership, groundbreaking initiatives

A comprehensive reflection on 2024’s milestones in governance, infrastructure, and global positioning

UAE National Day: 53rd Eid Al Etihad celebrates cherished memories, joy, and pride, says Sheikh Mohammed bin Rashid

This event allows reflection on the nation’s progress and inspires efforts to enhance resilience and improve lives

World Bank: GCC growth projected at 1.6 percent in 2024, 4.2 percent in 2025-2026

UAE's economic growth is projected at 3.3 percent in 2024, driven by 4.1 percent non-oil sector growth 

UAE National Day: NDDSF clears $109.4 million in debts for 1,277 Emirati citizens

The move is in collaboration with 18 banks and financial institutions across the nation 

UAE National Day: Historical bond with Saudi Arabia rooted in unity, shared vision

The Saudi Crown Prince's visit to the UAE emphasizes commitment to collaboration on regional and international issues amid global challenges 

UAE National Day: Bahraini landmarks celebrate 53rd Eid Al Etihad with UAE flag colors

Bahrain’s Prince Salman congratulated UAE President on 53rd National Day

UAE National Day: Dubai Police releases celebration guidelines and $13,600 fine notice

Al Mazrouei said only Eid Al Etihad stickers and logos that meet official guidelines are allowed on vehicles