economy

WGS 2025: UAE launches annual federal budget yearbook 2025 “Empowering the Future of Generations to Come”

Comprehensive analysis of financial and non-financial data to enhance transparency and raise financial awareness

UAE President and Vice-President welcome international guests to World Governments Summit 2025

WGS 2025 will host 30+ heads of state, 80+ organizations, 140 delegations, and 6,000 attendees

UAE strengthens global leadership in AI, projected to boost GDP by $100 billion by 2030

Abu Dhabi aims to be the first AI-powered government, focusing on robust digital infrastructure and automation

Aviation industry adds $4.1 trillion to global economy, says UAE Minister

The sector accounts for 12 to 13 percent of GDP in some countries, supports millions of jobs worldwide

Dubai attracts 18.72 million international visitors in 2024, marking a 9 percent increase year-on-year

Sheikh Hamdan: Dubai’s tourism growth reflects Sheikh Mohammed bin Rashid’s vision in the Dubai Economic Agenda D33

WGS 2025: IMF projects 3.3 percent global growth for 2025; MENA expected to rebound to 3.6 percent

Middle East recovery is expected to be fueled by an uptick in oil production and a reduction in regional conflicts

Abu Dhabi sees 16 percent growth in new economic licenses during 2024

Growth is boosted by emirate's business-friendly ecosystem and high standards of transparency, governance

UAE President, Bahrain King reaffirm commitment to cooperation and development

Non-oil trade between the UAE and Bahrain hit $4.16 billion, a 26 percent surge

WGS 2025: Day Zero kicks off in Dubai with key forums

Forums include the Arab Fiscal Forum, the Arab Meeting for Young Leaders and the Young Arab Leaders Forum

UAE Ministry of Finance unveils cabinet decision to introduce top-up tax for multinational enterprises

The UAE DMTT is closely aligned with the GloBE Model Rules issued by the Organisation for Economic Co-operation and Development (OECD)

UAE gold prices up AED2.75 as global rates near records amid Trump tariffs threats

Trump announced 25 percent tariffs on all steel and aluminum imports, escalating trade policy amidst existing metal duties