Business & Economy
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KPMG: Dubai Tourism Surge Driven By Outstanding Visitor Experience
Dubai’s tourism sector has reached a record-breaking 94% guest satisfaction rate in 2024, up from 92% last year. Dubai International…
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Luxury Giant Prada Snaps Up Versace for $1.375B Cash Deal
Prada has announced a landmark $1.375 billion cash deal to acquire Versace, bringing one of the world’s most recognizable luxury…
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UAE Begins Major Trade Partnership Talks With European Union
The UAE has achieved a milestone with its non-oil foreign trade reaching AED 3 trillion in 2024. This represents a 14.6%…
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UAE Private Wealth Sector Outpaces Swiss Growth, New Data Shows
UAE’s wealth management sector shows remarkable momentum with ultra-high-net-worth individuals growing by 6.2% in 2023, the second-highest rate worldwide. Dubai…
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Creator Economy in Saudi Arabia Outpaces Global Growth Rate
Saudi Arabia’s creator economy grew by 32.37% in Q1 2025, which revolutionized the digital world. TikTok leads at the vanguard…
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UAE Cities Outshine Global Rivals in IMD Smart City Rankings 2025
Dubai and Abu Dhabi have reached their best-ever positions in the 2025 IMD Smart City Index. The UAE cities ranked…
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Trump Halts Global Tariffs, China Faces 125% Rate Hike
President Trump revealed a 90-day pause on reciprocal tariffs for most countries, which sparked one of the most remarkable market…
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UAE Unveils State-of-Art Cyber Security Command Centre
Google and UAE have launched a groundbreaking Cyber Security Center of Excellence. This game-changing project will create over 20,000 specialized…
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UAE Minister Charts New Trade Roadmap at AIM Congress 2025
The UAE saw its foreign direct investment (FDI) inflows reach $30.68 billion in 2023. This represents a 35% annual growth and…
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Middle East Energy 2025: Essential Updates That Will Shape the Industry
The Middle East’s energy sector is changing dramatically. The region’s battery market will likely reach $10 billion by 2029. This…
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