economy

Mastercard launches cyber resilience center to enhance digital security in Saudi Arabia

Three pillars focus on education, best practices, and risk assessments to boost cyber defenses 

Make it in the Emirates 2025: ADNOC awards $147.8 million in contracts for locally made industrial products

Contracts to nine suppliers showcase ADNOC's commitment to local manufacturing initiatives

Emirates launches 45+ special flights for Hajj and Eid Al Adha: Serving 32,000 pilgrims across key global cities

The Dubai carrier continues to strengthen its commitment to providing culturally sensitive, memorable, and seamless journeys for travelers across its worldwide network

Make it in the Emirates 2025 emphasizes prioritizing energy efficiency in manufacturing for a net-zero UAE

The UAE’s industrial sector accounts for around 60 percent of total national energy consumption

Saudi Arabia launches AI incubator to propel startup growth, digital economic development

The new incubator supports AI startups, enhancing Saudi Arabia's position as a regional innovation hub 

Qatar tourism contributes $15.1 billion to GDP in 2024 with 12 percent 2030 target

International visitors spent nearly $11 billion, with a 25 percent increase in arrivals noted

Saudi Arabia and Spain partner to boost joint projects, economic collaboration

Key areas of cooperation include economic modeling, support for SMEs, and joint project facilitation

Qatar launches $1 billion incentives program to drive gloval investment, innovation

The program offers financial support covering up to 40 percent of eligible local investment expenses over five years

Make it in the Emirates 2025: Youth empowerment and future industries take center stage on closing day

Ministerial panel session will highlight the importance of youth involvement in future industries

Make it in the Emirates 2025 Day 3: UAE unveils AI marketplace and industrial innovations

Day 3 featured groundbreaking announcements, strategic partnerships, and innovation-focused initiatives that underscored the nation’s commitment to shaping the future of global industry

Bitcoin surges to new all-time high of $111,880 as investors shift to alternative assets

The asset secured a second record high within 24 hours, with a gain of almost 8 percent so far this week

Oil prices rise to $64.92 on supply disruption fears despite U.S. crude inventories uptick

Crude inventories rose by 1.3 million barrels to 443.2 million barrels in the week ended May 16, the EIA said