economy

Saudi Arabia’s construction output hits $148 billion in 2024, forecasted to reach $191 billion by 2029

Vision 2030 drives $215.4 billion in construction contracts across the Kingdom

Oman’s real GDP expands 2.5 percent to $24.52 billion in Q1 2025

The growth is driven by a robust performance in non-oil sectors

UAE confirms golden visa criteria excludes digital currency investors

Investments in digital currencies are regulated separately and do not qualify for golden visa applications 

BRICS meeting in Brazil marks UAE’s commitment to multilateral partnerships, economic growth

UAE participates in BRICS Finance Ministers, Central Bank Governors Meeting under Brazil’s presidency

Three scenarios for Middle East in 2035 show $232 billion AI-driven potential GDP boost: PwC

The Middle East can leverage renewable energy and AI for sustainable economic expansion

EFG Hermes secures $190 million investment for Alameda Healthcare in landmark M&A deal

This transaction marks Egypt’s largest private equity healthcare investment to date

BRICS: Abu Dhabi Crown Prince, President of Brazil discuss further strengthening bilateral relations

Sheikh Khaled reaffirmed UAE's commitment to dialogue, economic integration for global stability 

World Bank sees growth on the horizon in the GCC

The report highlights Oman’s fiscal consolidation as a noteworthy example despite it having one of the lowest projected growth rates in the region

Crude oil prices fall 0.35 percent to $68 as OPEC+ surprises markets with 548,000 bpd output hike

Saudi Arabia raised August prices for Arab Light crude to a four-month high for Asia 

Sheikh Mohammed launches AI-driven strategic planning cycle to achieve ‘We the UAE 2031 Vision’ 

H.H. highlighted proactiveness and future readiness as pillars of effective governance 

Dubai real estate hits record high in Q2 2025 with AED 184.3 billion in sales transactions

Performance reinforces Dubai’s reputation as one of the world’s most attractive and resilient property markets