economy

ADPIC launches five-year roadmap to boost liveability and sustainability, targeting 20 percent increase in private investments

All new projects must comply with the 2050 Net-Zero Policy to ensure environmental sustainability 

Global agrifood systems need $1.1 trillion annually to achieve sustainability by 2030

The global community can unlock the capital needed to secure food systems for future generations

Global investors convene in Abu Dhabi to explore infrastructure opportunities at ADIS 2025

ADIS 2025 brought together over 70 global speakers, 30-plus exhibitors, and a diverse assembly of policymakers, investors, innovators, and industry leaders from around the world

Dubai 24-carat gold price today holds steady above AED407 amid rising Middle East tensions

Analysts predict gold prices could reach $3,700 per ounce by the end of 2025

Crude oil prices surge above $76.6 on worries over Strait of Hormuz disruptions

Fed discussions this week may lead to a 25 basis point rate cut sooner than expected

Oil-funded growth or true diversification? Key metrics to watch in the GCC

Gulf economies show strong non-oil growth in 2024, but key indicators highlight the depth and sustainability of diversification efforts

Global oil demand to peak at 105.6 million barrels per day by 2029, says IEA

Heightened geopolitical risks, unresolved trade tensions and policy shifts have added several uncertainties to the oil market outlook

UAE launches Summer Hospitality Camp 2025 to train youth for tourism careers

The initiative is a key pillar in the UAE’s broader strategy to build a skilled, future-ready workforce aligned with the UAE Tourism Strategy 2031

GCC dominates Dubai Chamber exports in Q1 2025 with AED 40.5 billion in trade

Markets across the Middle East (non-GCC) came in second, with exports and re-exports totaling AED 25 billion

FDI flows to developing economies fall to lowest level since 2005, says World Bank

In 2023, developing economies received just $435 billion in FDI, while high-income economies received $336 billion

Emirati SMEs secure AED1.29 billion in Dubai government contracts through supplier program

The Dubai Government continues to empower entrepreneurs by creating a supportive environment and implementing legislative frameworks to leverage growth

GCC economies set to grow 4.4 percent in 2025 despite mounting global trade tensions, says ICAEW

Non-oil sectors in the GCC are forecast to grow 4.1 percent this year, supported by strong domestic demand