economy

Global economic zones converge in Dubai in September for 10th World FZO World Congress

The event will highlight how these zones contribute to national economies by promoting trade, commerce, and the digital economy

Saudia leads world in on-time flights again

The airline achieved on-time arrival rate of 88.12 percent and on-time departure rate of 88.15 percent

Saudi central bank reports strong growth in reserve assets, reaching $467.4 billion in Q2 2024

The quarter saw a 2.7 percent quarterly increase, adding around SAR46.724 billion to the reserve

Abu Dhabi’s Masdar, Infinity Power to build 200-megawatt wind farm in Egypt

The MoU secures a long-term supply of renewable energy from a large onshore wind project in Ras Ghareb, Egypt

Accelerating growth: ADGM strengthens position as global financial hub

The UAE capital’s international financial center saw its AUM grow by 226 percent in H1 2024

Dubai Chambers, China Construction Bank partner to boost trade and investment cooperation

This deal will foster knowledge sharing and expertise exchange, strengthening support for businesses and investors

How global aircraft chartering is revolutionizing corporate travel 

Companies spend about $111.7 billion on business travel every year 

GCC’s aviation sector soars as a key economic driver 

Robust infrastructure, strategic location vital to the growth of the industry and the region’s economy

How the evolution of digital banking in the UAE is driving the sustainability agenda 

Country aims to mobilize over AED 1 trillion in sustainable financing by 2030 

Oil prices sink as China’s economic slowdown fuels demand concerns

Brent crude futures declined by 13 cents, or 0.2 percent, to $79.55 per barrel

Harnessing public-private partnerships to transform local economies  

PPPs attract investments, create jobs and develop new capabilities 

Efficient processes and enhanced investor appeal drive growth in Abu Dhabi 

Abu Dhabi Department of Economic Development recently unveiled the Unified Economic License, a key strategy driving the Emirate's growth