economy

Egypt’s inflation reaches 26.4 percent in September driven by fuel, electricity hikes

On a month-to-month basis, prices increased by 2.1 percent, consistent with the previous month's 2.1 percent rise

22 percent of UAE’s non-oil trade transported by road in 2023, totaling $156.9 billion

UAE Minister Suhail Al Mazrouei said the advanced transport system has boosted the UAE's competitiveness 

UAE’s MoHAP, SEDD partner to streamline facility licensing in Sharjah

This initiative enhances regulatory services by integrating best practices in digital transformation

UAE’s AI firm G42 to reveal ‘Intelligence Grid’ at GITEX 2024

The grid aims to establish a new benchmark for scalable AI solutions across essential sectors such as government, healthcare, and energy

UAE-Oman Hafeet Rail project signs $1.5 billion bank financing deals

A single freight train journey is expected to transport over 15,000 tons of cargo, equivalent to about 270 standard containers 

ADNOC Gas leverages 3D printing for 3,500 components, aiming for $50 million in savings by 2028

The adoption of 3D printing offers a sophisticated digital solution for quickly producing high-quality components 

Expand North Star 2024: Dubai Chamber of Digital Economy highlights competitive advantages of emirate’s digital business ecosystem 

The chamber will showcase the top facilities and infrastructure in the emirate for supporting digital startups

Middle East is betting big on tech

The region's view of a tech-driven future is expanding, fueled by strong public-private synergy

How technology is increasingly powering the global economy

Productivity, trade and income distribution heavily influenced by technological advances

More than a marketplace: Rebound’s recycling platform is revolutionizing waste management

Boasting zero-percent commission, real-time certification, and environmental impact assessments

Building resilience for growth: The role of insurance in Saudi Arabia’s historic construction boom

Combining traditional products and alternative risk transfer mechanisms with proactive risk management strategies is key to a thriving construction business

Trading and thriving in the digital age

Exness prioritizes innovation and personalization to serve MENA’s modern traders

What’s next for the UAE? Strategies powering a new era

The United Arab Emirates undertakes a multifaceted approach to building a resilient, innovative future

Gartner: Exploring the impact of Generative AI on information worker productivity

How businesses can unlock AI-powered workflow optimization

How Alef Education shapes the future of learning in MENA

EdTech company’s innovative products include Alef Platform, Arabits, and Alef AI Tutor

Empowering a digital UAE

Masood M. Sharif Mahmood on building a future-proof Infrastructure for AI, IoT, and 5G

Dubai’s Empower signs agreement with Mitsubishi Heavy Industries to supply 100,000 RT chillers

The contract includes 18 energy-efficient water-cooled chillers with a total capacity of 56,250 RT, set for delivery in 2025

UAE completes GCC railway commitments, ready to boost regional connectivity, says GCC Secretary-General

Al Budaiwi praised the UAE's key role in major national projects and the Gulf Railway initiative

QatarEnergy signs 20-year naphtha deal with Shell to deliver 18 million tons starting April 2025

QatarEnergy and Shell have a strong alliance with multiple joint investments in the energy sector, both in Qatar and globally

Italy’s Raccortubi S.p.A invests $6.8 million in Sharjah’s Hamriyah Free Zone

This investment highlights Hamriyah Free Zone's effort to attract diverse foreign investments 

UAE committed to enhancing global trade system through strategic agreements, investments in key sectors: WTO

WTO’s Johanna Hill noted that "the UAE is playing an incredible role in world trade” 

Saudi Arabia’s NEOM to build $186.4 million concrete factory for The Line

This advanced concrete facility will use carbon capture and energy-efficient solutions to support THE LINE's construction