Economy News

UAE defies global decline in trust

In a new report on trust and confidence, the UAE has far outperformed the global average. According to the latest Edelman Trust Barometer, 82% of UAE respondents trust their government - a figure which far surpasses the global government trust average of 52%.

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Economy Entrepreneur News

DIFC reports record growth in 2024

Dubai International Financial Centre (DIFC) has achieved its strongest financial performance to date, posting total revenue of $484m in 2024, the largest annual increase since its establishment and a 37% increase from 2023. Operating profit reached $363m, a 55% increase from the previous year.

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Entrepreneur Opinion Startup

GE asked serial entrepreneur Jigar Sagar for the secret to success in Dubai

What’s the recipe for success in a place like Dubai? It’s not just about strategy or timing – for me, it’s a mix of mindset, connections, investor relationships, and, above all, passion.

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Entrepreneur Opinion

Will Dubai still be an investor’s dream in 2035?

Will Dubai be an investor’s paradise a decade from now? Looking ahead, the emirate’s economic trajectory is promising, despite lingering challenges in the broader global financial landscape. Dubai’s strong fiscal policies and diversified economy have been key to its resilience, with forecasts from the IMF suggesting steady growth for the UAE as a whole. In

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Entrepreneur Opinion

Setting up a business in the UAE under 0% corporate tax

In a world where margins are tight and competition is fierce, international companies are under pressure to streamline their operations and maximise profitability. The UAE’s 0% corporate tax rate can help certain businesses do just that – but how can you qualify and benefit from this strategic advantage? In the past decade, the UAE has

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Economy News

UAE, Ukraine sign landmark CEPA

The UAE and Ukraine have signed a Comprehensive Economic Partnership Agreement (CEPA) set to boost their economies, adding $369 million to the UAE’s GDP and $874 million to Ukraine’s by 2031.

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Economy Entrepreneur News

KSA to boost creative economy

New plans have been unveiled for the Riyadh Creative District, an initiative aimed at positioning the Saudi capital as a global media and creative hub.

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Economy News

Alpha Data IPO listing on ADX

Abu Dhabi’s Alpha Data has announced plans for an IPO on the Abu Dhabi Securities Exchange (ADX). The digital transformation firm will offer 400 million ordinary shares, constituting 40% of its issued share capital, at a nominal price of AED 0.03 per share.

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Entrepreneur Opinion

Why having a second residency in the UAE provides stability in today’s world

Life can be unpredictable. Whether that’s just a feeling or a fact remains to be seen, but what we do know is that people are increasingly looking to areas of the world that provide stability and security for their businesses and families.

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Opinion Startup

Government initiatives and supportive ecosystem: How Dubai is giving tech startups a leg up to become global players

As Dubai fulfils ambitious plans to become a global leader in technology and the digital economy, support for SMEs across all sectors has been impressive.

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