Europe

Economic growth stable but several risks could destroy ‘sandcastle economy’: Saxo Bank

Saxo Bank expects U.S. and European sovereign bond yields to remain range-bound in Q3 2024

Emirates introduces refurbished Boeing 777 to Geneva, Tokyo Haneda, Brussels

In total, 81 Boeing 777 aircraft will get an upgrade as part of Emirates' investment in its retrofit program

From Middle East to Africa, travel sector reaches new heights in 2024: Report

UAE ranked among the top 10 global travel destinations in the past year

Remittance flows to low-middle-income countries moderated in 2023, reaching $656 billion: World Bank

Remittances to LMICs are expected to grow 2.3 percent in 2024, but unevenly across regions

Top 10 most spoken languages in the world in 2024

Mastering these top languages can open doors to unparalleled personal and professional opportunities

Dubai secures 12th spot in global wealth and lifestyle report, solidifying position as premier luxury destination

The emirate emerged as the 6th most expensive city in EMEA, attracting wealthy residents with its flourishing economy

UAE’s Etihad Cargo expands European footprint with new freighter route to Madrid

Effective July 15, 2024, Etihad Cargo will operate two weekly Boeing 777 freighter flights between Abu Dhabi and Madrid

Oil prices hover around $85 amid global tensions, inventory shifts

Brent crude futures edged up 2 cents to $85.35 per barrel

Etihad Cargo raises belly-hold cargo capacity with 23 new flights starting June 2024

23 passenger flights to new destinations brings total number of new weekly passenger flights to 100

UAE gold prices rise, global rates inch up ahead of key U.S. payrolls data

Shift in Europe and Canada's key policy rate bolsters bullion demand

What’s behind the U.S. dollar’s dominance, and what can end it?

Dollar accounts for over 60 percent of global central bank reserves, making it the world’s most widely held currency

UAE’s real estate market to reach $707.86 billion by end of 2024: Report

The extended growth is due to HNWIs' interest in luxury property investment in Dubai

UAE and France partner to boost global AI ecosystem

The partnership will cover various areas, including data centre and supercomputing infrastructure buildout

UAE leads MENA region, ranks among top 20 on WEF travel and tourism index

According to the report, the UAE has raised its score by 4.4 percent in the 2024 index

Saudi Arabia’s holdings in U.S. treasuries surge to $135.9 billion

This represents a 3.66 percent rise compared to the previous month

Investopia Europe 2024: UAE Economy Minister highlights strong strategic ties with EU, vows to deepen mutually beneficial relationship

H.E. Bin Touq meets with ministers and top EU officials to discuss prospects for enhancing economic cooperation

29 percent of organizations deployed GenAI as leading AI solution, reveals new survey

25 percent of companies utilize customized GenAI models for specific use cases

Four Seasons’ people and culture of service are drivers of hospitality group’s success

Innovative offers – from jet to yacht experience – continue to excite guests from around the world

ATM 2024 returns next week in Dubai, with over 41,000 attendees expected

The event will feature over 2,300 exhibitors from more than 165 countries and is set to welcome new destinations

UAE and Austria discuss strategic partnership developments, boosting cooperation

The UAE-Austria non-oil trade volume grew 18 percent YoY, hitting $1 billion in the first nine months of 2023

Russian businesses eye UAE’s market for global development, expansion

Russia sees the UAE market as a promising hub for conducting trade with Middle Eastern and African countries

ADGM, Hacken partner to set new benchmarks for blockchain security and compliance

The agreement seeks to develop security standards and on-chain monitoring solutions within ADGM's DLT Foundations framework

Abu Dhabi’s ADQ acquires 49 percent stake in Plenary Group to drive public infrastructure expansion

The stake includes the shares currently owned by Canadian pension fund Caisse de dépôt et placement du Québec

IEA forecasts strong growth in electric car sales to 17 million in 2024

The IEA expects China to account for 10 million electric vehicle sales this year