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Gulf Cooperation Council economies are experiencing growth and development supported by positive reforms, higher oil revenues, and falling interest rates.

GCC Economies Witnessing a Golden Age of Progress and Growth

Regional economies are undergoing a positive cycle of improving competitiveness and growth amid higher oil revenues and economic reforms, Majid Jafar tells Davos   Region’s digital...

UAE Trust Barometer: Unshakeable

UAE ranked third most trusted country in the world, and all four institutions (government, business, NGOs, and media) retain significant trust levels Strong trust in...
Steady growth and ambitious development plans in the next 50 years, Al Tamimi Investments, one of Dubai’s leading venture capital firms, projected recently.

UAE’s Strong Economy to Pull in More Foreign Investments in Coming...

Country’s efforts to diversify economy yielding significant dividends. Robust investment flows to the UAE are expected in the coming years on the back of the...
According to the numbers presented by SafeBettingSites.com, mobile/digital wallets will account for 53% of the entire e-commerce transactional volume by 2025.

53% Of Online Shopping To Be Done By Digital Wallets By...

Mobile/digital wallets have become a mainstay of online payments within a short period of time. According to the numbers presented by SafeBettingSites.com, mobile/digital wallets will...

IMF Fiscal Monitor: Global Economy Slowing Down

The global economy is slowing amid continued tight financing conditions, announced Vitor Gaspar, Director of the Fiscal Affairs Department at the IMF today (Wednesday,...

UAE Reports Impressive Economic Growth in 2022 So Far

During a UAE Cabinet meeting held at Qasr Al Watan Abu Dhabi, UAE rules revealed the economic progress of the country as reported by the...

First Global GovTech Platform Launched

More than half of governments globally seek to improve resilience and agility by modernizing core legacy applications. The interactive data platform provides advanced analytics and...

World Economic Forum Unveils Virtual Global Collaboration

The Forum today unveils a major initiative at the Annual Meeting 2022 in Davos to harness the power of the metaverse to grow and...

World Economic Outlook 2022: Global Growth Downgraded

Global growth prospects have worsened significantly due to the combined effects of inflation, the war in Ukraine, and the lingering pandemic, the IMF announced...

Fiscal Monitor Report: Food and Energy Crisis

Countries are facing tough choices when dealing with the impact of rising inflation, lingering pandemic, and historically high debt levels, the IMF said in...

Global Financial Stability Report 2022 Soundbites

Global financial conditions have tightened notably and downside risks to the economic outlook have increased as a result of the war in Ukraine, the...

FDI Inflows into UAE Grew 3.9% in 2021 to AED 76...

Total FDI balance in the country exceeds AED 630 billion with a growth of 13.7% The foreign direct investment (FDI) inflows to the UAE recorded...

UAE Ranked First Globally in 22 Indicators, Global Competitiveness Report

The UAE is one of the world's top 20 economies in terms of FDI. AIM 2022 will explore pivotal themes, including mainstreaming Environmental, Social...

UAE’s Transition to 4-And-Half Day Work Boosts its Drive to Become...

Virtue PR & Marketing Communications said that the UAE’s strategic step of reducing the working weekdays to 4.5 and moving the weekend to Saturday...
H.E. Abdulla Bin Touq Al Marri announced that the first edition of the Emirates Investment Summit ‘Investopia’

Emirates Investment Summit ‘Investopia’ to Link Economy of the Present to...

Inaugural edition of the Summit falls under the ‘Projects of the 50’ H.E. Abdulla Bin Touq Al Marri, UAE Minister of Economy, announced that the...
Dubai Raffles has seen its first successful integration by Idealz, the customer rewarding e-commerce store.

1st Commercial Entity to Fully Integrate into Dubai’s Recently Launched Dubai...

Dubai Raffles, the first-of-its-kind digital platform launched by Dubai Economy earlier this year, to fully manage raffle draws along with all other types of...
The UAE will set up a task force to create a next-generation economy structure for 2050-2060.

UAE To Create New Task Force for Digital Economy

Task Force working on next economy structure, GITEX GLOBAL Leaders Vision hears Emirates Venus & Asteroid Space Mission looks for 50% private sector upstream development The...

GCC Economies to Grow 14.51 per cent in 2021

Citing IMF figures, GCC Countries Macroeconomic Indicators report notes region’s nominal GDP to reach USD 1.6 trillion this year. COVID-19 vaccine rollout & upcoming mega...