Economics

UAE introduces new framework to boost public-private partnership projects

The law seeks to promote private sector investment and involvement in federal government-led infrastructure projects

UAE and New Zealand begin economic partnership negotiations to boost trade, investment

In 2023 alone, the total trade volume between the UAE and New Zealand reached an impressive $764.5 million

Oil prices up amidst global tensions, concerns about sluggish demand and reduced supplies

Brent oil futures expiring in July had risen by 0.5 percent to reach $83.73 per barrel

Egypt’s foreign currency reserves to surge by $16.2 billion in FY24/25: Report

The report forecasts a growth rate of 4.30 percent for the Egyptian economy in 2025/2026

UAE’s Sharjah announces discovery of new gas reserves in Al-Hadiba field

The gas field contains economically viable quantities of gas, according to the Sharjah Petroleum Council

Driving economic growth through technology

Harnessing Artificial Intelligence (AI) to combat global economic disruptions and achieve sustainable progress

IHG thrives in the Middle East’s booming travel and tourism market

Leading hospitality brand to open 70 hotels in the region in the next few years

Miral: Championing Abu Dhabi’s tourism aspirations with group CEO Mohamed Al Zaabi

The company is behind the innovative and immersive experiences on Yas and Saadiyat Islands

Pillars to boost Abu Dhabi tourism onward and upward with H.E. Saleh Al Geziry

Emirate is committed to celebrating its rich and unique cultural heritage and prioritizing authentic experiences

The Middle East: Rise of a tourism powerhouse

Middle Eastern destinations, including Dubai, Abu Dhabi, and emerging hotspots like Riyadh and Ras Al Khaimah, saw significant tourist inflows in 2023

Saudi Arabia set to increase assets under management to 29.4 percent of GDP by 2024

The Kingdom surpassed 2023 targets with 216 fintech companies in operation and the launch of two digital banks

Abu Dhabi signs MoU with Chile to boost trade, investment

The MoU aims to collaborate in sectors like renewable energy, mining, infrastructure, technology, and more