GCC economies eye $2.5trn from better productivity
The region pins hope on the new Productivity Potential Index that offers a forward-looking framework, incorporating environmental, health, and innovation...
Economy
IMF, World Bank say Gaza and Red Sea attacks risk to world economy
World Bank President Ajay Banga said that "what's going on Gaza, but also the challenges of Ukraine... and the Red...
Economy
GISEC 2021: Strategies for ‘guarding the digital vault’ discussed
GISEC 2021 is the Middle East’s most influential and connected cybersecurity event International chief information security officers (CISOs) map out...
ADX lists US$1 billion bonds issued by Abu Dhabi Ports
The 10-year bonds, with a primary listing on the London Stock Exchange, rated A+ (stable) by both S&P and Fitch ...
OECD sees higher world GDP growth but fears ‘headwinds’
World economy will expand by 5.8 percent this year OECD chief describes the shortage of vaccines in low-income economies 'very...
Dh1 million fine for money laundering: UAE
the ministry held an extensive media briefing on the system for combating money laundering The session also briefed attendees on...
Lebanon crisis among world’s worst since 1850s: World Bank
Lebanon's economy will shrink by nearly 10 percent in 2021 Meltdown blamed on corruption and mismanagement by the ruling elite...
Abu Dhabi economy to recover to 2019 levels in 2023: S&P
Abu Dhabi economy to recover modestly in 2021 courtesy increased business activity and higher oil prices Emirates' rating could improve...
Kuwaiti breeder hopes superworms will become the new superfood
Breeder Jassem Buabbas is experimenting with recipes before seeking permission from Kuwaiti authorities Some Gulf states have a tradition of...
UAE, Israel sign tax treaty to boost economic ties
The signing of the treaty came after the normalization of ties between them The treaty is based primarily on the...
Planning body set up to make Dubai the world’s best city
Supreme Committee for Urban Planning envisions Dubai as the best city for life in the world
Cybersecurity experts to discuss defense strategies at GISEC 2021
Participants will hear how international law enforcement agencies are working together to fight cybercriminals
Most Read
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
GCC economies eye $2.5trn from better productivity
The region pins hope on the new Productivity Potential Index that offers a forward-looking framework, incorporating environmental, health, and innovation...
Economy
Company News
Latest News
Accenture to cut 19,000 jobs
Business
Diversification, global investment key to UAE’s growth
The Gulf nation is strategically establishing comprehensive economic partnerships with various countries in bid to diversify its economy and encourage...
Economy
Qatar provides maritime radio station licensing for small ships in Al Khor, Al Ruwais cities
DOHA, QATAR - The Communications Regulatory Authority (CRA) has announced the provision of maritime radio station licensing services for small...
Business
US consumer inflation drops 11th straight month
WASHINGTON, US - Consumer inflation in the United States cooled for an 11th straight month in May, the Labor Department said...
Economy
Most Read
Business
ECI, KazakhExport ink MoU
Aim is to enhance trade between the UAE and Kazakhstan.
- The MoU is in line with the We the UAE 2031 vision aimed at strengthening bilateral economic relations between the two countries.
- The aim is to enhance economic ties in renewable energy, waste management, between the UAE and Kazakhstan.
Business
Stock markets rise globally on cooling US inflation
Stock markets jumped after data showed US inflation slowed further in May, raising hopes the Federal Reserve will pause its...
- The dollar fell against other major currencies as the greenback usually benefits from higher interest rates.
- The US central bank has raised interest rates 10 straight times in efforts to combat elevated inflation.
Business
HUB71 reveals winners of The Outliers Program to address industry challenges
ABU DHABI, UAE - Hub71, Abu Dhabi's global tech ecosystem, on Tuesday announced the winners of The Outliers Program, which...
- Participating startups have been recognized for their innovative solutions in various challenges set by Hub71’s strategic partners as part of The Outliers.
- The winning startups were successful for the companies’ ability to implement innovative products and services that can have a positive impact.