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Search Economy Middle East
Economics
Banking & Finance
Global video game market expected to reach $257 billion by 2028: Key trends and insights
Over 25 percent of revenue invested in marketing by companies under $1 billion
Miscellaneous
Dubai, Abu Dhabi ranked best destinations for executive digital nomads: Report
The two cities attract hybrid finance and consultancy executives with excellent connectivity and high living standards
Banking & Finance
Dubai’s EGA posts $500 million in H1 2024 net profit on global demand, local market growth
The company reported an adjusted EBITDA of $1.14 billion
Banking & Finance
UAE Islamic T-sukuk auction draws $1.72 billion in bids, oversubscribing by 5.7 times
This $299.49 million auction is part of the Islamic T-Sukuk issuance program for August 2024
Energy
Oil prices show resilience amid supply tightening in Libya and Iraq, but demand worries persist
Brent oil futures for October rose 0.2 percent to $80.08 a barrel
Industry
UAE’s AD Ports climbs to 19th place in 2024 global rankings: Report
The port operator expanded to 33 terminals across 8 countries in 2024
Logistics
Qatar achieves $5.51 billion in trade surplus in July 2024, total exports reach $8.28 billion
Import levels rose by 6.8 percent year-on-year, reaching $2.77 billion
Energy
Abu Dhabi’s Tabreed achieves carbon verification, reducing emissions by 19,320 tons annually
This follows Tabreed's 2023 initiatives, including the first geothermal-powered district cooling plant with ADNOC
Energy
UAE’s MoEI partners with RAK Petroleum Authority to drive sustainable energy transition
The agreement emphasizes data exchange, natural hydrogen research, and carbon capture
Energy
Oil prices steady amid smaller U.S. inventory draw, Libya’s supply concerns
Brent oil futures for October delivery dipped slightly to $78.62 a barrel
Bahrain
GCC listed banks post record $14.8 billion net profit in Q2 2024
Year-over-year, the growth was robust at 9.2 percent compared to Q2 2023
Economy
Dubai Centre for Family Businesses introduces new guide on governance, strategic services
This guide provides an overview of Family Office governance structures, their expertise, services, and key benefits
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