business

Saudi Arabia’s non-oil private sector surges to 55.8 in May 2025 fueled by construction boom

New order volumes rebounded significantly, propelled by heightened demand and robust sales performance

Dubai Future District Fund reports $1.65 billion in capital commitments, supports over 190 startups

The Fund’s strategic initiatives showcase its role in advancing technology and venture capital in Dubai

Middle East tourism spending to hit $350 billion by 2030, says ATM report

The Middle East’s rise as a global hub for business events is another key highlight of the report

Oman’s Treasury Bills issuance reaches $131.3 million in week

The value of allotted Treasury bills reached OMR2 million for a maturity period of 91 days 

GCC equities attract $1.87 billion in foreign investments, indicating market recovery: Report

The UAE attracted $764 million in foreign capital as global equity markets stabilize and recover 

ADGM reports 33 percent AUM growth in Q1 2025 highlighting strong market confidence

Over 600 new businesses established in ADGM's expanded jurisdiction on Al Reem Island during the quarter

UAE and Fujairah governments launch zero bureaucracy program to revolutionize government services

Partnership aims to streamline services and improve the quality of life for citizens 

ADNOC Gas becomes largest addition to MSCI Index in 2025 boosting market capitalization

ADNOC Gas's inclusion follows a successful $2.8 billion share offering, expanding public share availability 

AI, robotics, and quantum tech drive new business models – WEF

Combining agentic AI, spatial intelligence, and advanced robotics is enabling machines to navigate and make decisions in complex, real-world environments

Dubai 24-carat gold price falls today to AED405.75, global rates retreat with dollar rise

The U.S. dollar index recovered slightly from a six-week low, affecting gold prices

Abu Dhabi transitions to performance-based budgeting to enhance service quality, transparency in 2026

Performance-Based Budgeting links spending to goals, enhancing service quality and community well-being 

Dubai’s PCFC, Ghana ink MoU to establish first economic zone, digital incubator in Accra

The initiative aims to position Accra as a leading destination for global businesses and talent