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S&P expects Saudi Arabia's oil GDP to decrease to 24-26 of total GDP by the end of 2030
This initiative promotes a secure cyberspace, strengthening Dubai's digital infrastructure and global cybersecurity leadership
The UAE is solidifying its status as a leading player in the global AI landscape, says Astra Tech founder
Leaders will convene from September 9 to 12 to discuss innovations in capital markets and regulatory developments
The MPC noted that domestic real GDP growth had moderated to 2.2 percent in the first quarter of 2024
In 2023, tourism accounted for 11.7 percent of the UAE’s GDP, amounting to $59.9 billion
Cabinet also approved hosting the UAE Government Annual Meetings 2024 on November 5 and 6 in Abu Dhabi
The industry's contribution to global GDP is expected to rise by 12.1 percent year-over-year
Last year, the country attracted a record $30.49 billion in foreign direct investment, ranking second globally
The forum, to be held in October, will bring together over 3,000 industry leaders
Gold prices gained almost 3 percent in the last 30 days, marking their second consecutive monthly gain
Egypt's economic growth to increase to around 5.5 percent as structural reforms to strengthen the business climate pay off
The number of tourist arrivals to Egypt during the first half of 2024 reached a record high of 7.069 million
The country’s key exports like gold, jewelry, and metals have driven strong non-oil export growth, Al Zeyoudi says
The paper noted that banks in Kuwait have strong capital and liquidity despite growth constraints
The project aims to unlock Congo's trade potential and boost its economy
Oman's 10th Five-Year Plan aims to boost manufacturing's GDP contribution from 10 percent to 12.2 percent by 2025
Robust infrastructure, strategic location vital to the growth of the industry and the region’s economy
PPPs attract investments, create jobs and develop new capabilities
OPEC reported that the housing, utilities, and fuels sector rose to 6.7 percent YoY in June, up from 6.6 percent in May
The oil sector grew by 3.4 percent and the non-oil sector by 3.3 percent at constant prices
Saudi Arabia's GDP contracted by 0.4 percent annually primarily driven by the 8.5 percent annual decline in oil activities
The CEPA also seeks to establish new investment and cooperation pathways, allowing private sectors to build partnerships
This investment signals the UAE's commitment to accelerating the growth and adoption of digital technologies across its economy
