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Global cumulative data center demand is expected to grow at an 11 percent CAGR by 2032
The project aims to unlock Congo's trade potential and boost its economy
The port operator invested $994 million in capital expenditures during the period
During the first half of 2024, Abu Dhabi recorded 12,439 real estate transaction activities with a value of AED36.2 billion
The trade and repairing services sector ranked first, accounting for 41.5 percent of all new companies joining the chamber
Before last week, oil prices recorded four consecutive weeks of losses amid fears of slowing economic growth
The UAE is one of only 36 countries worldwide currently piloting the implementation of CBDCs
Dubai is the most popular city on TikTok, with over 29.7 million posts
Of the 10 most expensive cities in the world for international visitors, half are in Western Europe, with Switzerland being home to four
Türkiye reaffirms commitment to its year-end target of 60 million visitors and $60 billion in revenues
The G20 DRRWG meeting focused on the critical importance of financing for resilient infrastructure and early disaster risk warnings
The Bank of England and the Bank of Japan's policy meetings are also due this week
Most popular destinations for international travel from the UAE include Thailand, Maldives and Mauritius
Brent crude futures, which have risen 7 percent over the past four weeks, dipped slightly by 2 cents to $87.41 per barrel
The economy had contracted for two consecutive quarters in the second half of 2023, indicating a recent recession
Seven MPC members voted to hold the 5.25 percent rate, while two preferred a 0.25 percentage point cut to 5 percent
The extended growth is due to HNWIs' interest in luxury property investment in Dubai
Brent crude oil futures expiring in July edged 0.1 percent lower to $83.04 per barrel
Brent oil futures for July delivery gained 0.1 percent to $82.22 per barrel
This represents a 3.66 percent rise compared to the previous month
Diriyah reiterates commitment to expanding its partnership portfolio across various sectors
The group revenues reached $3.7 billion, marking a 5.3 percent increase compared to the previous year
The cost of borrowing will continue to be at a 16-year high
25 percent of companies utilize customized GenAI models for specific use cases
