economy

Top markets driving business travel spending as global projections reach $1.57 trillion in 2025

Business travel spending is expected to reach $2.02 trillion by 2029, reflecting ongoing corporate demand

Stock market today: Fed’s meeting, tech earnings reports to shape investor sentiment

Major tech players Microsoft and Meta are set to report their earnings after the bell

Riyadh strengthens global tourism image with world’s largest esports tournament

Running from July 7 to August 24, the seven-week tournament in Riyadh has drawn over 2,000 elite international players competing in a wide array of the world's most popular esports titles

Crude oil prices stabilize at $71.78 as investors react to Trump’s tariffs on Russia

Trump plans secondary tariffs of 100 percent unless Russia resolves its conflict within 10 days 

Sharjah approves comprehensive guidelines for bonuses, promotions in government employment

Rules detail working hours, leave policies, and expectations for employee behavior in the workplace

China accelerates AI expansion with 71 unicorns and 5,100 AI companies

Country’s AI sector could add 0.2 to 0.3 percentage points to GDP growth, equating to $930 billion 

UAE real estate: How are visa reforms, 100 percent foreign ownership unlocking new investment opportunities

Golden Visa program offers 10-year residency for investors purchasing property valued at AED2 million

Dubai real estate: Off-plan market surges 43 percent in Q2 2025 with $16.4 billion sales

Apartments accounted for 80 percent of sales, with average prices rising to AED2,023 per square foot

Saudi Arabia, UAE join world’s top AI talent nations in latest global index

Saudi Arabia and the UAE’s strategic focus on AI, education, infrastructure, and their ability to attract top talent and investments are setting the stage for a new era of growth in the region

Abu Dhabi’s Aldar Properties reports 24 percent profit growth to $1.1 billion in H1 2025

Fueled by revenue backlog recognition and investment platform expansion

Stock markets gain momentum as U.S. indices hit record highs amid mixed investor sentiment

S&P 500 and Nasdaq hit new heights as investors brace for key economic data