Tag: Economy
UAE Non-Oil Private Sector Hits 55.3 in August, Its Strongest Reading...
The UAE non-oil private sector recorded its strongest PMI reading since December 2024 in August, with the index published by S&P Global rising to...
What Smart Money Sees: Markets Shrug Off Geopolitical Escalation
As the region enters its 12th day of heightened geopolitical tension, the reaction from global and local markets remains remarkably calm. The contrast between...
UAE Well-Positioned Amid Global Trade Shake-Up Following U.S. Tariff Hike
In what’s being called the most significant shift in U.S. trade policy in over a century, the introduction of “reciprocal” tariffs by the United...
UAE PMI Hits Nine-Month High in December, Signaling Robust Growth
The UAE's non-oil private sector closed 2024 on a high note as the Purchasing Managers’ Index (PMI) reached 55.4 in December, its highest in...
UAE’s Strong Economy to Pull in More Foreign Investments in Coming...
Country’s efforts to diversify economy yielding significant dividends.
Robust investment flows to the UAE are expected in the coming years on the back of the...
UAE Tourism Sector Performance in Q1 2022 Exceeds Pre-pandemic Growth
Hotel establishments generate AED 11 billion in revenues with a 20% growth compared to the same period in 2019;
80% hotel occupancy rate among the...
Sky News Arabia Launches Arabic Business Platform
The new platforms feature the most prominent news and developments in the world of business and finance in the Arabic language.
www.SNAbusiness.com provides comprehensive economic...
International Financial Institutions Set to Expansion into MENA Region
Products and suitability assessments give international firms the edge over MENA rivals and investors want more international investments;
Oxford Risk research shows MENA wealth managers...
Inflation, Growth Concerns Take Over GCC Stock Markets
Today's market analysis on behalf of Daniel Takieddine, CEO of MENA BDSwiss.
GCC stock markets were mostly decreasing following other international markets as investors’ concerns...
World Economic Forum Unveils Virtual Global Collaboration
The Forum today unveils a major initiative at the Annual Meeting 2022 in Davos to harness the power of the metaverse to grow and...
UAE’s Transition to 4-And-Half Day Work Boosts its Drive to Become...
Virtue PR & Marketing Communications said that the UAE’s strategic step of reducing the working weekdays to 4.5 and moving the weekend to Saturday...
Dubai Poised For Rapid Contactless Economy Growth
Dubai Internet City business partners driving mass adoption of contactless payment technologies in the region.
Visa’s innovation centre at Dubai Internet City supports the company’s...
DBWC, DED Collaborate on Supporting and Empowering Women Entrepreneurs
The Dubai Business Women Council (DBWC) has signed a memorandum of understanding with the Department of Economic Development (DED) with the aim of enhancing...
Moody’s Rates UAE Government Aa2 Stable Outlook
The UAE government received an Aa2 rating in creditworthiness - which is the highest sovereign rating in the region - with a stable outlook...
UAE’s Biggest SME Festival ‘dream Station’ To Commence 27 February
Dubai’s high-potential SMEs, thought-leaders and decision-makers will convene for two weeks for the biggest entrepreneurial festival in the UAE, Dream Station, set to run...
UNCTAD World Investment Forum 2020 to Take Place in Abu Dhabi
Abu Dhabi to host United Nations forum on investment and technology for sustainable development
This December 6-10, Abu Dhabi will welcome government leaders, global CEOs...
Kuwait’s retail sector remains robust, bucking regional trend
Report gives sector-level analysis across residential, retail, office, industrial and hospitality property
Includes pricing research and analysis of real estate trends in Kuwait...
Consumer Spending in Islamic Economy Sectors Totals US$2.2 Trillion
Islamic economy registers 5.2 per cent growth over previous year
UAE ranks first across five of seven Islamic economy sectors
Investments in Islamic...