Skip to main content Skip to footer ![Dubai Future Forum 2024 kicks off tomorrow, convening leading global futurists at Museum of the Future](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/11/Dubai-Future-Forum-2024.jpg/w=1024,h=683)
The Forum aims to provide an exceptional platform for international thought leaders to devise actionable solutions for the future
![UAE joins Oman in National Day celebrations](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/11/UAE-Oman-National-Day-1.jpg/w=1024,h=682)
Non-oil trade between the two countries reached AED51 billion last year, up from AED48.7 billion in 2022
![EFG Hermes launches $300 million Saudi Education Fund, acquires Britus Education portfolio of 7 schools](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/11/EFG-Hermes.jpeg/w=1024,h=683)
After having created the leading K-12 operator in Egypt, EFG Hermes aims to replicate its success story in the Saudi market
![UAE, Brazil strengthening bilateral relations and collaboration in G20 for global development](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/11/UAE-Brazil-G20-2-1.jpg/w=1024,h=682)
The UAE is Brazil's largest Middle Eastern partner, with trade at AED13.28 billion in the first eight months
![Oil prices surge amid intensifying Ukraine-Russia conflict, persistent demand concerns in China](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/08/Oil-prices-15.jpg/w=1024,h=683)
As of 05:02 GMT, Brent crude futures rose by 29 cents, or 0.4 percent, reaching $71.33 a barrel
![How are UAE, Saudi Arabia leading way in sustainable tourism?](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/11/Red-Sea-Global-sustainable-tourism-1.jpg/w=1024,h=682)
Despite the clear benefits of sustainable tourism, several challenges and barriers hinder its implementation
![How retailers in UAE, Saudi Arabia are meeting evolving consumer expectations](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/11/retailers-uae-saudi1.jpg/w=1024,h=683)
In the UAE, the market stands at $40 billion, with an anticipated CAGR of 6.5 percent
![Dubai’s Museum of the Future attracts 3 million visitors from 177 countries in less than 3 years](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/11/Dubai-Future-Museum.jpg/w=1024,h=683)
In three years, the museum has strengthened the region's and Arab world's contributions to knowledge and science
![Abu Dhabi’s Lulu starts trading on ADX following $1.72-billion IPO](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/11/Lulu-ADX.jpg/w=1024,h=682)
Lulu is now listed under the ticker "LULU"
![Abu Dhabi’s TAQA reports $1.7 billion net income during first nine months of 2024](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/08/TAQA.jpeg/w=1024,h=683)
The Group posted revenues of $11.3 billion, reflecting a 6 percent increase from the same period in 2023
![ADNOC L&S Q3 net profit up 18 percent YoY to $175 million](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/11/ADNOC-LS-financial-results.jpg/w=1024,h=683)
The company reported revenues of $2.66 billion, representing a 38 percent increase compared to the same period in 2023
![Oil prices drop as U.S. inventory data misses expectations, markets look for clarity on Chinese demand](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/06/Oil-prices-16.jpg/w=1024,h=683)
Brent oil futures for January delivery decreased by 0.1 percent, settling at $72.23 per barrel