Economy News

S&P says GCC banks resilient to trade shocks

Gulf banks are well-positioned to weather the economic fallout from rising global trade tensions according to a new report by S&P Global Ratings.

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Economy News

Nexus Point backed platform Encor Group acquires Creative Zone

Hong Kong and Dubai, 16 April 2025 – Creative Zone Group (“Creative Zone”, or the “Company”), a leading corporate service provider based in

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Economy Entrepreneur News Startup

UAE tech startup funding see 865% increase in Q1

UAE tech startups raised a record $872m in Q1 2025, an 865%year-on-year increase, according to Tracxn’s latest UAE Tech Funding Report.

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Economy Entrepreneur News Startup

UAE AI startup secures Irish funding

The UAE-based AI startup AIREV has secured investment from Irish private equity firm Venturewave Capital to accelerate the global rollout of ‘On-Demand’, a

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Economy News

OPEC reports solid growth in UAE’s non-oil sector

The UAE’s non-oil economy continues to show strong momentum, according to the latest report by OPEC.

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Economy Entrepreneur News Startup

Dubai AI Festival reinforces city’s tech leadership

Dubai is preparing to host the 2025 edition of the Dubai AI Festival, reaffirming its status as a global hub for AI and

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Economy News

RAKEZ strengthens UAE–UK business ties

Ras Al Khaimah Economic Zone (RAKEZ) has reaffirmed its commitment to strengthening commercial ties between the UAE and the UK as the lead

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Economy News

KT UniExpo showcases UAE education opportunities

The Khaleej Times UniExpo will take place from 16–17 April at The H Dubai. This will be the eighth edition of the two-day

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Economy News

Mubadala Energy enters US gas market

Abu Dhabi-based Mubadala Energy has announced a major investment into the US energy sector through the acquisition of a 24.1% interest in Kimmeridge’s

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Economy News

UAE and Ireland strengthen economic cooperation

The UAE and Ireland have signed a Memorandum of Understanding (MoU) to deepen economic and technical cooperation and launch a Joint Economic Committee

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