Middle East

Abu Dhabi’s EMSTEEL delivers $2.25 billion in revenue for 2024

The company realized a solid Profit before tax of $117.6 million and Net Profit after tax of $106.7 million

stc, Cohere partner to advance Generative AI innovation in region

Partnership seeks to revolutionize AI capabilities with advanced AI-powered solutions

IBTM@ATM: A new gateway to the $2.5 trillion global events market by 2035

New zone at ATM 2025 to address the sustained growth in the business events sector

Global economy in 2025: A year of caution and challenges

In the MENA region, 64 percent of chief economists surveyed by the World Economic Forum (WEF) expect moderate growth

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

Iraq’s Oil Ministry unveils collaborative plan with BP to develop Kirkuk fields

These projects will continue in parallel with development, exploration and production operations to ensure maximum benefit from gas resources

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

WGS 2025: IMF projects 3.3 percent global growth for 2025; MENA expected to rebound to 3.6 percent

Middle East recovery is expected to be fueled by an uptick in oil production and a reduction in regional conflicts

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

DP World’s Jebel Ali Port welcomes historic first call of new Gemini service

The vessel enhances trade links between the Indian Subcontinent, Middle East, and Northern and Southern Europe