economy

Trump’s visit strengthens Saudi Arabia’s position as global hub for digital economy, innovation and space, says Alswaha

Alswaha said the Kingdom’s signing of the Artemis Accords underscores its commitment to the future $2 trillion global space economy

Dubai Salik reports $204.6 million revenue surge in Q1 2025, marking 33.7 percent growth

Salik’s total chargeable trips reached 158.0 million, fueled by variable pricing and new gates

Dubai real estate: Emaar Properties posts $2.74 billion in Q1 2025 revenue, a 50 percent increase YoY

The company reported a net profit before tax of $753 million, up 49 percent

Shurooq’s $1.96 billion investments fuel 52 projects in 15 years of development in Sharjah

Key initiatives include AED5 billion in real estate and AED850 million in hospitality projects

UAE Cybersecurity Council partners with e& UAE to launch Al Ain Innovation Center

The center will support applied research, talent development, and startup initiatives in critical technologies

Dubai government launches world’s first crypto payments for cashless services

Dubai Finance partners with Crypto.com to revolutionize government payments with cryptocurrencies

Crude oil prices drop to $64.83 amid supply concerns, U.S.-China trade deal

U.S. and China cut tariffs temporarily, boosting markets but leaving uncertainties unresolved.

Dubai gold prices rise AED6.25, global rates hover near over one-week low

U.S. and China announced tariff reductions, boosting global shares and altering market dynamics

Dubai climbs to 4th globally, leads GCC, Arab World & Asia in 2025 smart city index

Eight-place jump reflects commitment to digital transformation, innovation, and enhanced quality of life for all residents

Emirates Global Aluminium joins Make it in the Emirates 2025 as sector partner

EGA as contributed to the creation of more than 1,000 new jobs, fostered local entrepreneurship, and identified potential new UAE-based suppliers

UAE to issue $8 billion of local currency debt to support domestic capital market growth: S&P

The UAE's well-capitalized and liquid banks stand ready to provide funding if capital markets become unsupportive, ensuring stability

Dubai’s tech startup scene soars 135 percent, 127 startups supported in Q1 2025

Chamber events supported business, empowered startups, nurtured talent, and built partnerships