Paris, France - Apple will update software on iPhone 12 handsets across the EU to lower the power of their...
- Behind nearly 90% of all plastic recycled in Viet Nam is someone like Ms Nguyen Thi Kenh or Ms Nguyen...
The firm will drive strategic investments and partnershipsThe company will focus on developing local supply chain capabilities for the automotive and mobility industry in Saudi Arabia.
PIF has invested in the future of mobility, including establishing Saudi Arabia’s first national electric vehicle brand, Ceer, in partnership with Foxconn.
MARRAKESH, MOROCCO - The International Monetary Fund (IMF) has forecast that the UAE's real Gross Domestic Product (GDP) will grow by...The IMF's forecast is in line with that of the World Bank, which released a similar estimate two days ago.
It forecast that the economies of Middle East and Central Asia will grow by 2 percent in 2023 and 3.4 percent in 2024.
The IMF kept its 2023 global growth forecast unchanged but warned that the economy is "limping along" as inflation remains...Inflation, which has fallen sharply since last year, is predicted to remain elevated at 6.9 percent this year.
Central banks across the globe have raised interest rates sharply in efforts to contain inflation.
With potential spikes in oil prices and uncertainty surrounding major projects like the IMEC, the world faces a complex economic...With the world grappling with economic challenges, the sudden escalation in the Middle East threatens to send oil prices skyrocketing
Recent reports suggested that Saudi leaders were considering boosting oil production to foster better relations with Israel
- Dubai's iconic skyline and architectural marvels have garnered global attention, offering stunning views for visitors and residents alike. This allure...
The emirate's strategic investments in infrastructure, from the Dubai International Airport to iconic landmarks like the Burj Al Arab, have bolstered its global stature
With a prime focus on sustainability and a vision for 2040, Dubai continues to charm and attract businesses, tourists, and investors from across the globe
Abu Dhabi, UAE -- Oxford Economics, an independent economic advisory firm, has predicted that the UAE economy will grow by...Scott Livermore, Chief Economist, Oxford Economics Middle East, predicted a 4.2 percent growth in non-oil GDP this year, driven by diversification strategies.
He also expected continued growth in the realty market and a strong recovery in travel and tourism, with Dubai surpassing pre-pandemic visitor levels by the first half of 2023.
"With the ICA's theme, 'Enriching Knowledge Societies,' we're poised to delve into myriad topics, including the pivotal role of artificial...The UAE, a global hub for diverse sectors, hosts ICA Abu Dhabi Congress 2023, a premier knowledge platform with world-renowned archiving experts and specialists
The Congress emphasizes AI's impact on archiving, expects over 5,000 attendees from 135 countries, and features the ICA Hackathon showcasing student innovations
The attack and Israel's declaration of war in response to it have raised concerns that a potential broadening of the...The crisis fanned concerns about supplies of crude from the region at a time when supply worries are already high
It has also renewed fears about the impact on inflation, with energy costs a key driver of spiking prices
- ABU DHABI, UAE – Al Etihad Payments (AEP), a wholly-owned subsidiary of the Central Bank of the UAE (CBUAE), and...
To be launched in early 2024, the card scheme will aim to facilitate the growth of e-commerce and digital transactions in the UAE.
It will bolster financial inclusion, support the nation’s digitization, increase alternative payment options and enhance the UAE’s competitiveness.
- UAE Vice President Sheikh Mohammed bin Rashid Al Maktoum, who chaired a meeting of the cabinet where the budget was...
The UAE cabinet also announced the formation of the Financial Stability Board, led by Sheikh Mansour bin Zayed Al Nahyan, to fortify financial stability.
This government also announced establishment of the Emirates Pharmaceutical Corporation to serve as the official regulatory body for medical and pharmaceutical products.
