Economy

Ajman Economic Development Initiative 'Our Summer, Our Happiness 2025' Launched
UAE's Ajman Launches Ambitious Youth Development Initiative to Build Next-Generation Leaders The Ajman Department of Economic Development has unveile...

Water Efficiency Alliance and Energy for Water Solutions Conclude Technical Visit to Denmark
Middle East Water Alliance Looks to Denmark for Solutions as Gulf States Race Against Water Scarcity As Gulf Cooperation Council nations pour billion...

New Zealand Hits 12-Month High in Inflation Amid Economic Challenges
New Zealand's Inflation Climbs to 12-Month High, But Central Bank Target Remains Intact New Zealand's consumer price inflation surged to its highest...

Gold Soars Amid Anticipation of U.S. Trade Negotiations
Gold Surges Past $2,360 as Dollar Weakness and Fed Uncertainty Drive Safe-Haven Demand Gold prices climbed 0.6% on Monday, reaching $2,369.02 per oun...

Abu Dhabi Airports Welcome 15.8 Million Passengers in First Half, Showcasing Emirate's Thriving Aviation Hub
Abu Dhabi Airports Surge 13% as UAE Positions Itself as Global Aviation Powerhouse Abu Dhabi's airports have delivered their 17th consecutive quarter...

Emirates Expands Mauritius Service with Third Daily Flight
Emirates Bets Big on Mauritius with Third Daily Flight as Indian Ocean Tourism Rebounds Emirates Airlines is tripling down on Mauritius, launching a...

Abu Dhabi's Real Estate Transparency Boosts Sector Competitiveness
Abu Dhabi's Real Estate Transparency Push Pays Off as Foreign Investment Surges 125% Abu Dhabi's strategic focus on real estate market transparency i...

Arabian Airlines Alliance Secures Operation of New Budget Carrier in Saudi Arabia
Saudi Arabia Launches New Budget Airline in Strategic Aviation Expansion A consortium led by Air Arabia, Nesma Group, and Kun Holding has won the bid...

Mubadala Launches Ambitious Marina Island Waterfront Revitalization Project
Abu Dhabi's Mubadala Launches Ambitious Al Mariyah Island Waterfront That Could Rival Dubai's Tourism Magnets Abu Dhabi's sovereign wealth fund Mubad...

Majid Al Futtaim Acquires 50% Stake in Saudi's Sinom Retail, Strengthening Retail Dominance
UAE's Al-Futtaim Makes $667 Million Play for Saudi Retail Market Dubai-based Al-Futtaim Retail has agreed to acquire up to 49.95% of Saudi Arabia's C...

GCC Nations Achieve Sustainable Waste Management Milestones
Gulf States Achieve Major Waste Management Breakthrough as Recycling Surges 128% The Gulf Cooperation Council (GCC) has reached a significant environ...

UAE Residents Reclaim $870M in Tax Refunds for Home Construction by June
UAE's Digital Tax Revolution: How Smart VAT Refunds Are Reshaping Tourism and Real Estate The UAE Federal Tax Authority has reported remarkable growt...

OpenAI Unveils Universal AI Agent for ChatGPT: Revolutionizing Conversational AI
OpenAI's ChatGPT Agent Marks Critical Step Toward AI Automation Revolution OpenAI has launched its most ambitious artificial intelligence agent yet,...

Discover Luxury Living at Bab Al Qasr Canal View Residence 22 in Abu Dhabi
Abu Dhabi's Luxury Real Estate Boom Continues with $200M+ Waterfront Development Portville Real Estate has launched its seventh residential project i...

UAE and US Launch Accelerated Patent Granting Program to Drive Innovation
UAE and US Sign Patent Fast-Track Deal to Accelerate Innovation Hub Strategy The United Arab Emirates has secured a strategic partnership with the Un...

UAE's Mobile Phone Sales Soar to AED 2.61 Billion, Showcasing Industry Growth and Opportunity
UAE Mobile Phone Market Surges as Global Trade Tensions Drive Strategic Stockpiling The UAE's mobile phone market experienced robust growth in Q1 202...

EU Launches Strategic Partnership Negotiations with Gulf Cooperation Council Countries
Europe Pivots East: EU Council Greenlights Comprehensive Partnership Negotiations with Gulf States The European Union has authorized bilateral negoti...

Local Stocks Soar: UAE Market Gains Over AED 77.79 Billion in a Single Week
UAE Stock Markets Surge AED 77.8 Billion as Foreign Investors Fuel Record-Breaking Rally The UAE's stock markets delivered a spectacular performance...

Emirates Unveils Exclusive Travel Experience for First-Class Passengers
Emirates Doubles Down on Ultra-Luxury Travel with Exclusive First-Class Terminal in Dubai Emirates Airlines has opened a dedicated first-class check-...

Revamp of Selective Tax on Sweetened Beverages: Unlocking Healthier Choices for Consumers
UAE Pioneers Progressive Sugar Tax Model to Combat Health Crisis and Drive Industry Innovation The United Arab Emirates has announced a groundbreakin...

Soaring to New Heights: Etihad Airways Celebrates 20 Million Passengers and Over 100 Aircraft in Its Fleet
Etihad Airways Doubles Passenger Numbers to 20 Million in Record-Breaking Growth Surge Etihad Airways has achieved a historic milestone by carrying 2...