Africa

Arabian Travel Market (ATM) 2025 concludes with 55,000 attendees, 16 percent YoY growth

Growth has been achieved across all show verticals, with a YoY increase of 19 percent in the Middle East

Tech entrepreneurs drive shift in Dubai’s prime real estate market

Nearly 20 percent of inquiries come from tech entrepreneurs, startup founders, and digital professionals 

Dubai gold prices reach all-time highs as cultural festivals boost demand

Despite a 13 percent drop in gold jewellery demand, bullion interest remains strong in the country

Arabian Travel Market 2025: Dubai to host largest edition yet with 55,000 attendees

Event is on track to break attendance records, uniting industry professionals from over 161 countries

IMF raises Egypt’s growth forecast to 3.8 percent for 2025, 4.3 percent next year

Adjustment improves upon January forecasts of 3.6 percent and 4.1 percent for the economy

IMF projects strong UAE economic growth forecast for 2026 at 5 percent

UAE economy is projected to surpass oil-exporting countries, growing 2.6 percent in 2025, 3.1 percent in 2026 

Dubai set to launch autonomous taxi service with 50 experimental vehicles

Vehicles are equipped with 40 sensors and detectors to ensure the highest standards of automation and safety

UAE foreign trade hits $1.42 trillion in 2024, up from $952.9 billion in 2021: WTO

H.H. Sheikh Mohammed bin Rashid: UAE prioritizes openness and connectivity, becoming a vital global economic link

UAE and Chad Presidents discuss cooperation in trade, economy and investment

Collaboration aims to advance shared development and provide tangible benefits to both nations

Egypt Central Bank cuts interest rates for first time in 4 years

The overnight deposit, lending, and main operation rates were cut by 2.25 percent each

Egypt’s economic outlook sees GDP reaching $399.8 billion in upcoming fiscal year

Al Mashat projected real growth at 4.5 percent, subject to review if tensions escalated

Egypt annual urban consumer price inflation rises to 13.6 percent in March

Country aims for $60 billion in foreign direct investment, $145 billion in exports