economy

Dubai Future Forum 2024 kicks off tomorrow, convening leading global futurists at Museum of the Future

The Forum aims to provide an exceptional platform for international thought leaders to devise actionable solutions for the future

UAE joins Oman in National Day celebrations

Non-oil trade between the two countries reached AED51 billion last year, up from AED48.7 billion in 2022

Sheikha Latifa bint Mohammed launches $49 million Dubai Cultural Grant program

Starting this year, the program will feature 18 grants, each comprising a package of grants amounting to AED12 million in total

EFG Hermes launches $300 million Saudi Education Fund, acquires Britus Education portfolio of 7 schools

After having created the leading K-12 operator in Egypt, EFG Hermes aims to replicate its success story in the Saudi market

UAE, Brazil strengthening bilateral relations and collaboration in G20 for global development

The UAE is Brazil's largest Middle Eastern partner, with trade at AED13.28 billion in the first eight months

Oil prices surge amid intensifying Ukraine-Russia conflict, persistent demand concerns in China

As of 05:02 GMT, Brent crude futures rose by 29 cents, or 0.4 percent, reaching $71.33 a barrel

Lebanon sees $8.5 billion in physical damages, economic losses amid conflict: World Bank

Damages to physical structures alone amount to $3.4 billion while economic losses have reached $5.1 billion

How are UAE, Saudi Arabia leading way in sustainable tourism?

Despite the clear benefits of sustainable tourism, several challenges and barriers hinder its implementation 

How retailers in UAE, Saudi Arabia are meeting evolving consumer expectations

In the UAE, the market stands at $40 billion, with an anticipated CAGR of 6.5 percent

Dubai’s Museum of the Future attracts 3 million visitors from 177 countries in less than 3 years

In three years, the museum has strengthened the region's and Arab world's contributions to knowledge and science

Abu Dhabi’s TAQA reports $1.7 billion net income during first nine months of 2024

The Group posted revenues of $11.3 billion, reflecting a 6 percent increase from the same period in 2023