business

Travel and tourism industry to reach 30 billion tourist trips by 2034, adding $16 trillion to global GDP: WEF

India and China will be responsible for more than 25 percent of all outbound travel by 2030

Abu Dhabi’s GDP grows 3.4 percent to $79.2 billion in Q1 2025, driven by 56.2 percent from non-oil sector

Manufacturing sector led non-oil economy with over $7.75 billion value added during the quarter

Kuwait’s non-oil PMI sees record employment growth amid increasing new orders

The S&P Global PMI fell to 53.1, indicating solid improvement in Kuwait's non-oil sector

Saudi Arabia’s non-oil PMI climbs to three-month high of 57.2 in June as hiring growth surges

Employment levels surged sharply, marking the fastest rate of job creation since May 2011 

Abu Dhabi’s SME Champions Program facilitates over 650 deals worth $183 million in 2024

The number of registered companies grew from 835 in 2023 to 2,235 in 2024, with the strategic partner count increasing to 20

Abu Dhabi Securities Exchange partners with HSBC and FAB to launch MENA’s first digital bond

Milestone listing reinforces ADX’s leadership in digital asset innovation and financial market modernization

BlackRock releases 2025 Midyear Global Outlook amid market uncertainty

BlackRock believes this era offers better opportunities than the relatively static conditions of the past decade

Kuwait introduces multinational entities tax expecting over $819 million in annual revenue

Multinational entities must register by September 30 to comply with the new tax regulations

Saudi Crown Prince approves multiple agreements with Italy, Russia for visa exemptions

Another agreement was signed with Algeria to combat organized crime and enhance security cooperation

Oman and Egypt sign seven agreements to boost cooperation in trade, investment, labor

Talks aimed at strengthening bilateral relations align with directives from leaders of both nations

Dubai 24-carat gold price today drops to AED400.25 as U.S. data, Fed stance weigh in

Gold prices dipped slightly as investors awaited U.S. payroll data and Fed Chair's remarks