economy

40 percent of adults in developing economies save in financial accounts as mobile tech drives 10 percent growth

Nearly 80 percent of adults worldwide now have a financial account, up from 50 percent in 2011

The future of mobility: How IoT and AI are revolutionizing transportation

Among the various sectors within the IoT market, automotive IoT is expected to dominate, with a projected market volume of $752.71 million in 2025

UAE President arrives in Türkiye on state visit, received by Turkish counterpart

His Highness is accompanied by a delegation of senior officials, enhancing diplomatic ties between nations

Qatar Airways announces resumption of three weekly flights to Aleppo starting August 10

Flights will increase to four weekly from September 1, enhancing travel options for passengers 

Sheikh Mohammed issues major changes to Dubai’s conciliation law aimed at streamlining dispute resolution

Law No. (9) of 2025 amends provisions of Law No. (18) of 2021 governing conciliation frameworks

Revealed: Top performing areas in Abu Dhabi real estate in H1 2025

All signs point to Abu Dhabi emerging as one of the most exciting and future-ready real estate destinations in the region

Dubai Metro Blue Line: $5.6 billion mega infrastructure project secures funding from Emirates NBD

Scheduled for completion by September 2029, it will serve approximately 350,000 daily passengers by 2040

Sheikh Maktoum launches $245 billion budget cycle for 2027-2029, focused on sustainable growth and citizen well-being

Budget aims to empower federal entities to deliver high-quality, flexible, and efficient services 

Sharjah Waste-to-Energy plant takes new turn with Masdar’s stake sale to Tadweer Group

The acquisition allows both organizations to focus on their core business strategies and growth

ADNOC’s 24.9 percent shareholding in OMV to be acquired by XRG

This transfer aligns with ADNOC's strategy to consolidate international investments under XRG's management 

Middle East economic outlook shows robust growth driven by non-oil sector: OPEC

Travel and tourism surges are projected to continue, boosting demand for gasoline and diesel 

June 2025 sees Saudi Arabia’s inflation rate stabilize at 2.3 percent year-on-year: GASTAT

Consumer Price Index maintained steadiness at 0.2 percent compared to May 2025