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Economy
EU commits $8 billion aid package to Egypt for migration management, trade expansion
Under the aid package, Egypt will receive a combination of grants and loans over the next three years
Hospitality & Tourism
Dubai sees 21 percent jump in international tourists at 1.77 million for January 2024
Western Europe leads source markets as Dubai continues to attract global tourists
Energy
LNG market disrupted by Red Sea crisis, prices fall sharply
Stability attributed to relatively mild winter, robust stockpiles
Economy
Unprecedented growth in consumer products sector: Price increases drive surge, exceeding 10-year average
New report finds 75 percent of global growth was due to price increases in 2023
Technology
Chinese EV company XPENG to expand into UAE
Chinese electric vehicle giant sets sights on EMEA market
Egypt
Telecom Egypt and 4iG cooperate on express subsea cable project
The agreement supports Egypt's efforts to expand its international digital infrastructure
Economy
IMF lifts 2024 global growth outlook
Fund raised concerns about risks posed by Red Sea attacks and ongoing conflict
Markets
Gold prices surge as Fed’s interest rate decision nears
Rising geopolitical risks and monetary policy uncertainty drive investors towards safe-haven assets
Economy
Investopia London: UAE explores fintech and innovation partnerships with Britain
Visit to launch the second edition of Investopia Global Talks in Europe
Economy
ECB interest rates remain unchanged amid inflationary concerns
Increased focus on inflation targets and monetary policy flexibility
Sustainability
90 percent of European banks exposed to financial, reputational risks from decarbonization: ECB
Credit portfolios fall short of Paris Agreement ambitions
Logistics
Qatari LNG resumes Red Sea shipments despite tensions
LNG ships navigating around the Cape of Good Hope to reach Europe
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