UAE economy to grow 5.7% in 2024 in spite of global challenges
Abu Dhabi, UAE-- The UAE economy is projected to grow by 5.7% in 2024 despite prevailing global economic challenges, including...
Business
Bahrain and Hungary aim to boost trade, investment ties
Budapest, Hungary--Bahrain and Hungary have held discussions to boost economic and trade ties between the two countries. In this regard,...
Business
UAE, Uzbekistan sign agreement to implement humanitarian projects
Completion of work on a women and children's hospital in the Uzbek city Nukus part of the...
Sharjah Ruler approves nearly AED52 million in debt settlements
This is the emirate’s 20th group of payments approved to the Sharjah Debt Settlement Committee The total amount processed since...
SCAD, ADIO sign deal to enhance Abu Dhabi’s statistical system
The deal is expected to get the two entities to cooperate on exchanging data and promoting statistical collaboration It will...
Organizations hope post-pandemic working will be hybrid: Study
Survey confirms productivity and customer satisfaction have increased during the pandemic Most organizations are yet to have a detailed...
Mubadala invests GBP ₤350m in IVC Evidensia
IVC Evidensia is Europe’s largest veterinary-care provider It operates more than 1,500 veterinary clinics and hospitals in 12 countries across...
Doctors call for global action against climate-linked health risks
The list of ailments people suffer from climate change is getting longer every day: Doctors The risks posed by climate...
GCC buyers show interest as India resumes horticultural food promotions
The fair saw buyers from several GCC states in attendance It signaled that APEDA has begun export-oriented marketing...
Nile Developments posts $76m sales from North 31 in 2 months
Company first private developer to build Y-shaped skyscraper in New Administrative Capital North31, area 18,000sqm, is a commercial, administrative, medical...
UAE-based JFR Investments secures major mining deal in Brazil
JFR will get access to large-scale mining concessions with quality reserve prospects for copper, gold, silver, nickel, iron ore and...
Millennials propel rapid growth of the second-hand luxury goods market in Middle East
Social commerce platform Luxury Promise registers a five-fold increase in revenue this year The luxury resale market is growing four...
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Revenue from Saudi cinema may exceed $1bn by 2030KSA, UAE play well as e-gaming trends across GCCExclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economyTECOM Group profit soars 13%UAE startups eye Saudi Arabia for growth, expansionSaudi Arabia leads GCC AI healthcare raceDisparity remains as Saudis, Emiratis see wealth gains
UAE economy to grow 5.7% in 2024 in spite of global challenges
Abu Dhabi, UAE-- The UAE economy is projected to grow by 5.7% in 2024 despite prevailing global economic challenges, including...
Business
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Dubai Chamber of Digital Economy to host global tech firms at Expand North Star
Dubai, UAE--Dubai Chamber of Digital Economy is all set to welcome the global business community to Expand North Star, the...
Business
Libya and Italy sign MoU to boost cooperation in civil aviation
Tripoli, Libya--Libya and Italy have signed an agreement to enhance cooperation to enable air transport companies to operate charter and...
Business
Russia plans visa-free travel with Latin American countries
MOSCOW, RUSSIA – A senior Russian official said that they intend to move towards visa-free travel with all countries of...
Geostrategy
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Geostrategy
UAE and Barbados look to deepen trade, energy ties
Bridgetown, Barbados-- The UAE and Barbados have discussed prospects for bolstering bilateral cooperation, particularly in climate action and renewable energy,...
- The UAE foreign minister and Barbados PM discussed mechanisms of joint cooperation across various sectors of economy, tourism and trade
- Sheikh Abdullah bin Zayed's tour looks to show UAE’s keenness to strengthen friendly relations with the countries of Latin America and the Caribbean,
Business
Old Doha Port signs many agreements during Monaco Yacht Show
Monaco, Monaco--The Old Doha Port has signed several agreements with professional global companies, specialized in yacht during its participation in...
- The executive director of the Old Doha Port said the objective of the participation in the show was to put the port on the global map
- The port officials showcased a model to streamline visiting yachts through a mechanism of entry and exit from Qatar
Economy
Saudi Arabia projects 2024 budget deficit at 1.9% of GDP
The kingdom's finance ministry estimated expenditures for 2024 to be at US$333.5 billion. According to the ministry, the projection is...
- The kingdom's finance minister said that the government will continue implementing fiscal and economic structural reforms
- The minister also noted the important role of the PIF and development funds that enhance the growth of non-oil GDP