Economy News

Mid East tourism to reach $350bn by 2030

Tourism spending across the Middle East is set to increase to nearly $350bn by 2030, according to new projections released in the ATM Travel Trends Report 2025.

Read More
Economy

Mobile adtech solution launched in Dubai

Dubai-based e-commerce company noon has joined forces with adtech firm Flyby to roll out a new wave of digital out-of-home (OOH) advertising across its delivery fleet in the Middle East.

Read More
Economy News

UAE, Oman to develop Al Rawdah economic zone

The UAE and Oman have signed an agreement to jointly develop and operate the first phase of the Al Rawdah Special Economic Zone in Mahadha, Al Buraimi Governorate.

Read More
Economy News

Central banks of UAE and Azerbaijan sign MoU

The Central Bank of the UAE (CBUAE) and the Central Bank of Azerbaijan have signed a Memorandum of Understanding (MoU) aimed at strengthening bilateral financial cooperation and boosting the exchange of expertise.

Read More
Economy News

Dubai to host private equity market event

Dubai International Financial Centre (DIFC) has signed a strategic agreement with the International Private Equity Market (IPEM).

Read More
Economy News

UAE launches $11bn industrial financing plan

The UAE has announced a five-year plan to provide over $10.89bn in financing support for industrial companies through a coalition of national banks. The move aims to boost the competitiveness and expansion of the country’s industrial sector.

Read More
Economy News

US, Qatar sign $200bn Boeing deal

US President Donald Trump and Qatar’s Emir Sheikh Tamim signed several major agreements this week, covering aviation and defense co-operation.

Read More
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.

Read More
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.

Read More
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

Read More