Africa

Saudi flynas plans IPO with 51.26 million ordinary shares, 30 percent of total capital

IPO will include 33.83 million existing shares sold by current shareholders and treasury stock 

Dubai’s Jafza celebrates 40 years and $30 billion in investment as key trade hub in emirate

Sheikh Hamdan emphasizes Jafza's importance in Dubai’s developmental journey as a trade hub

Emirates to connect Dubai and China’s Hangzhou with new daily flights starting July 30

The new service will operate with a Boeing 777-300ER, offering 2,478 weekly seats

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