economy

$10.7 billion travel technology market drives 25 percent growth at ATM 2025, kicking off April 28

The global travel technology market will grow at a 6.05 percent CAGR from 2025 to 2033

UAE digital VAT refund system achieves 34,900 applications, $789.5 million in refunds

In 2024, UAE nationals received 7,520 VAT refund applications for new residences, totaling $191.8 million

RAKEZ welcomes over 13,000 new companies in 2024, marking impressive 66 percent growth

With this achievement, RAKEZ is now home to nearly 30,000 multinational companies

Oil prices decline 1.2 percent to $77.59 as Trump’s policies, China’s weak data impact market

Oil markets faced pressure from weak PMI data from China, indicating ongoing struggles in business activity

UAE concludes participation in 2025 World Economic Forum: Highlights and impact

The UAE and WEF signed an MoU to establish the Global Regulatory Innovation Platform

Saudi Arabia to host regular global WEF meetings starting Spring 2026

Last year, the WEF special meeting in Saudi Arabia focused on global collaboration, growth and energy

Etihad Rail: UAE high-speed train project set to boost GDP by $39.5 billion

The project will enable quick travel and acts as a catalyst for enhanced economic and social integration

WEF 2025: $7.1 billion committed to climate and health, yet most affected countries face challenges

Less than 35 percent of financing from bilateral donors is directed towards these nations

Dubai property market: Top performing communities, emerging investment opportunities in 2025

Two communities stood out last year for their strong performance: Arabian Ranches 2 and Villanova

The impact of macroeconomic indicators on forex pairs linked to GCC currencies

Explore how regional macroeconomic indicators affect currency pairs involving GCC currencies like the AED and SAR

UAE’s growth forecast: Strong and steady at 4 percent in 2025, says IMF

Non-hydrocarbon sectors thrive due to tourism, construction, public spending, and growth in financial services