Economics

ADNEC Group’s Tourism 365 launches first charter flight from Uzbekistan to Al Ain

This initiative is part of Tourism 365's partnership with EasyBooking to boost tourism and enhance connectivity 

Cointelegraph establishes Middle East office among 600+ Web3 firms at DMCC Crypto Centre

This collaboration is expected to provide Cointelegraph with valuable opportunities to engage with the broader Web3 ecosystem

Abu Dhabi Department of Energy engages stakeholders to improve safety, compliance in the petroleum sector

Voluntarily following safety protocols provides key benefits: safer communities, greater efficiency, cost savings, and a stronger reputation 

ADIA establishes subsidiary in India’s GIFT City

The subsidiary has received regulatory approval from the IFSCA and is now operational

Saudi solutions by stc to showcase AI excellence in Dubai’s GITEX exhibition

These advanced AI applications will help sectors navigate digital transformation and engage in global markets

Oil prices retreat amidst ongoing concerns over Middle East conflict, hurricane impact

Brent crude futures for December delivery dropped 0.6 percent to $80.42 a barrel

Egypt’s external debt falls by $15 billion in six-month period, says PM Madbouly

Egypt's external debt stood at $168 billion in December 2023 and fell to $152.8 billion by last June

Double-digit growth for air cargo continues: IATA

Overall demand, measured by CTKs, increased by 11.4 percent in August 2023, with international operations up 12.4 percent 

$1.1 billion available for investment, funding requests from member countries: World Green Economy Organization

Funds are sourced from private sector investors and organizations eager to invest in green economy projects

UAE, global gold prices rise on safe-haven demand as U.S. payrolls data in focus

The dollar fell 0.1 percent from a month-long high, making gold priced in dollars more affordable for foreign buyers 

Oil prices remain stable as investors assess Middle East tensions, global supply dynamics

Brent crude futures fell by 8 cents, or 0.1 percent, settling at $77.54 a barrel

Growth of low-emissions hydrogen projects outpaces policy support: Report

Urgent policies are needed to boost demand in heavy industry, refining, and long-distance transportation