investment

China redefines video creation with OmniHuman-1, emerges as key contender in global AI race

ByteDance's revolutionary AI tool can transform a single image into realistic human videos

LEAP 2025: Saudi Arabia solidifies status as global AI hub with $14.9 billion investment

On the event's first day, Saudi Arabia announced major investments in AI, cloud computing, and digital transformation

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

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

Jordan seeks stronger economic ties with Qatar, Bahrain, Morocco, and Turkey

The kingdom is working in partnership with the private sector to enhance its industrial capabilities

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)

WGS 2025: Dubai to host first edition of Young Arab Leaders Forum

Forum will bring together over 200 emerging leaders from across the Arab world on February 10

IMF considers new funding for Egypt amid rising costs

Cairo currently benefits from an $8 billion IMF financing agreement expanded in 2022 for economic support