economy

FedEx inaugurates $350.93 million hub at Dubai World Central

The new facility boasts AI-equipped high-speed X-ray machines

Major Tesla supplier Forvia to cut 10,000 jobs in Europe

Job cuts will be distributed across France, Germany, Poland, Spain

Saudi Arabia’s strategic reforms propel it to top spots in Kearney’s Global Retail Development Index

This positive development reflects the Kingdom's strategic shift away from oil dependence

113th Arab Economic & Social Council: UAE reiterates support for joint efforts to achieve sustainable economic development

H.E. Bin Touq highlights UAE’s keenness to strengthen Arab level cooperation in new economy sectors

AD Ports Group reports $370.28 million in net profit for 2023

Growth primarily driven by the Maritime & Shipping, Ports, Logistics, and Digital Clusters

Oil and beyond: The Middle East economies’ path to new horizons

Region expected to grow by less than 3 percent in 2024

UAE, India forge trans-continental trade corridor agreement

Building bridges, expanding regional connectivity