Middle East

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

Oil prices edge higher on hopes of summer demand surge, potential supply disruptions

Brent crude oil futures for August delivery rose 0.1 percent to $86.07 per barrel,

Saudi Arabia’s M&A deal volume surges to $955 million in Q1 2024

The chemicals sector accounted for 52.4 percent of the total

Oil prices dip as dollar rises, investors await key inflation data

Brent oil futures expiring in August fell 0.4 percent to $84.88 a barrel

UAE gold prices up, global rates set for second weekly gain

Decline is U.S. weekly jobless claims, new housing construction raised hopes for a rate cut in September

Abu Dhabi’s startup ecosystem ranked fastest growing in MENA, raises $1.06 billion in VC: Report

The emirate was also recognized for its strengths in the FinTech, AgTech and New Food, and ClimateTech sectors

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

MENA IT spending to grow 5.2 percent in 2024 to $193.7 billion: Report

Spending on data center systems to decline by 0.3 percent in 2024

UAE’s real GDP to grow by 3.9 percent in 2024, 4.1 percent in 2025: Report

The broader MENA region is expected to grow 2.8 percent in 2024 and accelerate to 4.2 percent in 2025

Sharjah rises to 4th in GCC region, 7th in MENA in 2024 Global Startup Ecosystem Rankings

Sharjah also featured in the Top 15 rankings for both the Knowledge and Performance categories