economy

UAE, Sweden to strengthen bilateral ties through cooperation in AI and renewable energy

Ambassador Floren praised the UAE’s open policy and its success in establishing strategic partnerships globally

Kuwait, Japan elevate bilateral relations to comprehensive strategic partnership level

Both countries agreed to enhance cooperation across multiple sectors

ADFD joins UAE delegation to Lebanon focused on strategic partnerships, development

Delegation assessed potential projects and engages in knowledge exchange for Lebanon's future growth 

Dubai Chambers explores enhancing trade, investment ties with EU amid free trade talks

The roundtable highlighted the growing economic relations between Dubai and the EU

Saudi Arabia, China strengthen financial cooperation in tax policy and capital markets

Discussions aimed at strengthening bilateral ties and improving international financial institutions

Syria needs at least $1 trillion to rebuild economy, says minister

Al-Shaar said the World Bank's estimate of $400 billion for rebuilding the economy is insufficient

UAE Future 50 initiative launched to support Emirati startups in future-focused sectors

Initiative aims to highlight promising Emirati startups by providing targeted support to accelerate their growth

Dubai Gold and Commodities Exchange joins Arab Federation of Capital Markets committee

By joining the committee, DGCX aims to boost trading volumes and improve market liquidity

AI job disruption and trade tensions raise global economic uncertainty, WEF warns

WEF’s economic outlook revealed 47 percent of economists anticipate job losses due to AI transformation

Oman public revenues reach $6.85 billion by end of Q1 2025 

Net oil revenue totaled OMR1,468 million at the end of Q1 2025, marking a 13 percent drop 

Abu Dhabi’s non-oil sector activity to drive 2.5 percent GDP growth in 2025, says S&P

S&P Global Ratings said the emirate’s sovereign credit rating for both foreign and local currency is AA/Stable/A-1+

Ras Al Khaimah’s GDP to hit 4.3 percent in 2027-2028 on strong tourism, real estate: S&P

The emirate's economic growth will weaken modestly to average 3.3 percent in 2025-2026