business

World Governments Summit 2025 opens with record global participation

Monday marked Day Zero of WGS 2025, featuring several key forums

UAE gold prices up AED2.5, global rates hit record high amid Trump tariffs

Trump's 25 percent tariffs on steel and aluminum imports raised inflation fears, escalated trade tensions

Oil prices climb to $75.87 amid concerns over Trump’s tariffs

Such tariffs could potentially hinder global economic growth as well as energy demand

WGS 2025: Sheikh Maktoum calls Ninth Arab Fiscal Forum a strategic platform for Arab economic integration

Forum organized by Ministry of Finance in cooperation with the Arab Monetary Fund and the International Monetary Fund

WGS 2025: UAE launches annual federal budget yearbook 2025 “Empowering the Future of Generations to Come”

Comprehensive analysis of financial and non-financial data to enhance transparency and raise financial awareness

UAE President and Vice-President welcome international guests to World Governments Summit 2025

WGS 2025 will host 30+ heads of state, 80+ organizations, 140 delegations, and 6,000 attendees

Aviation industry adds $4.1 trillion to global economy, says UAE Minister

The sector accounts for 12 to 13 percent of GDP in some countries, supports millions of jobs worldwide

Dubai attracts 18.72 million international visitors in 2024, marking a 9 percent increase year-on-year

Sheikh Hamdan: Dubai’s tourism growth reflects Sheikh Mohammed bin Rashid’s vision in the Dubai Economic Agenda D33

Jordan seeks stronger economic ties with Qatar, Bahrain, Morocco, and Turkey

The kingdom is working in partnership with the private sector to enhance its industrial capabilities

WGS 2025: IMF projects 3.3 percent global growth for 2025; MENA expected to rebound to 3.6 percent

Middle East recovery is expected to be fueled by an uptick in oil production and a reduction in regional conflicts

Abu Dhabi sees 16 percent growth in new economic licenses during 2024

Growth is boosted by emirate's business-friendly ecosystem and high standards of transparency, governance