Economy News

UAE and Bahrain boost economic cooperation

The UAE and Bahrain have signed a new Investment Promotion and Protection Agreement aimed at deepening economic ties and safeguarding cross-border investments.

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Economy News

Dubai Chamber exports surge 17% in Q1 2025

Dubai Chamber of Commerce has announced a 16.8% year-on-year rise in member exports and re-exports for Q1 2025, reaching $23bn. This is a strong indicator of the emirate’s continued momentum as a global business and trade hub.

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Economy News

Abu Dhabi sets trade talks with Japan

Abu Dhabi will send a senior economic delegation to Japan from 6 - 9 May 2025, as part of efforts to deepen collaboration with major global markets. Led by the Abu Dhabi Department of Economic Development (ADDED) and supported by the UAE Embassy in Tokyo, the visit underscores the emirate’s strategy to forge stronger investment

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Economy News

Emirates and PayPal deepen payments partnership

Emirates Airline has reaffirmed its 15-year partnership with PayPal during a strategic meeting aiming to deepen collaboration in the digital payments sector. Emirates currently offers PayPal as a payment option on emirates.com across 34 countries, enabling customers to benefit from secure, seamless checkout experiences. The airline has reported significant growth in customer adoption, transaction volumes,

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Economy News

Dubai Financial Market posts strong Q1 2025 results

Dubai Financial Market (DFM) has reported strong growth for the first quarter of 2025, fuelled by record trading activity and continued investor engagement.

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Economy News

UAE launches dirham-backed stablecoin

The UAE is set to launch its first dirham-backed stablecoin in a joint initiative by IHC, ADQ, and First Abu Dhabi Bank (FAB), with full regulation from the Central Bank of the UAE (CBUAE). Once approved, the stablecoin will support seamless digital transactions across the UAE and beyond.

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Economy News

Business events drive UAE socio-economic growth

Events and festivals are a major catalyst of socio-economic growth, according to experts speaking on day one of the Arabian Travel Market (ATM) 2025 that has opened at the Dubai World Trade Centre and will conclude on May 1 2025.

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Economy Entrepreneur News Startup

Dubai, South Africa to launch AI trade hub

Dubai is set to become the launchpad for a new AI trade and investment hub, following a strategic partnership between the Dubai Centre for Artificial Intelligence (DCAI) and the South African Artificial Intelligence Association (SAAIA). The initiative aims to boost cross-border collaboration and create fresh opportunities for AI startups and investors across EMEA.

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Economy News Real Estate

GCC property deals jump 20% to $78.2bn in Q1

Real estate activity across the GCC surged in the first quarter of 2025, with total transactions reaching an estimated $78.2bn. This is a year-on-year increase of over 20%, according to new data from leading proptech firm Sakan.

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Economy News

Dubai Chamber hosts D33 roundtable with business councils

Dubai Chamber of Commerce has hosted a roundtable discussion to outline the key objectives of the Dubai Economic Agenda (D33) for the business councils operating under its umbrella.

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