Economy News

GCC foreign inflows surpass $13bn year-to-date

Cumulative foreign inflows into GCC markets have exceeded $13bn year-to-date which is more than double the $5.3bn recorded during the same period in 2024.

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Economy News

UAE and Türkiye sign $4.9bn currency swap

The Central Bank of the UAE and the Central Bank of the Republic of Türkiye have signed a bilateral currency swap agreement alongside two MoUs to boost financial and trade cooperation.

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Economy News

UAE and Australia sign CEPA

The UAE and Australia have signed a Comprehensive Economic Partnership Agreement (CEPA), marking a significant step in strengthening economic ties between the two countries. The agreement is designed to boost trade in goods and services, foster private sector collaboration, and expand investment opportunities across multiple sectors. With the CEPA now ratified and in force, bilateral

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Economy News

Dubai Chamber boosts private sector collaboration

The Dubai Chamber of Commerce has reinforced its role in enhancing the city’s business environment, reviewing initiatives designed to support company growth across multiple sectors.

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Economy News

Dubai leads global Greenfield FDI rankings

Dubai has reinforced its position as a top destination for foreign direct investment, topping global Greenfield FDI rankings for the eighth consecutive half-year period.

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Economy News

GCC economies expect strong growth through 2027

The GCC economies are expected to post stronger growth over the next two years, supported by higher oil output and resilient non-oil activity. This is according to the ICAEW’s Economic Insight Q3 2025 report.

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Economy News

UAE Central Bank lifts growth outlook for 2025–26

The UAE economy is set to grow faster than previously forecast, according to the Central Bank’s latest quarterly outlook. The regulator now expects GDP to expand by 4.9% in 2025, before accelerating to 5.3% in 2026.

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Economy News

UAE Cabinet approves economic clusters policy to boost GDP

The UAE Cabinet has adopted the National Policy for Economic Clusters, a strategy designed to generate more than $8.17bn annually for the national economy.

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Economy News

Sharjah FDI triples in H1 2025

Sharjah recorded a strong rise in foreign direct investment in the first half of 2025, with inflows reaching $1.5bn, more than triple the level of the same period last year. The emirate also registered 74 FDI projects, up from 47 a year earlier.

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Economy News

ADGM is MENA’s largest international financial centre

Abu Dhabi Global Market (ADGM), the city’s financial centre, saw strong growth in the first half of 2025. It had 11,128 active business licences by June after issuing a record 1,869 new ones in six months.

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