Economy

Fitch Affirms Ras Al Khaimah’s ‘A+’ Rating and Raises 2026 Growth Forecast

Fitch affirms Ras Al Khaimah's 'A+' rating whilst raising its 2026 GDP growth forecast to 1.5 percent, citing greater economic resilience and…

Sharjah Chamber Strengthens Ties with Badami Holding Group to Advance Private-Sector Growth

Sharjah Chamber explores collaboration with automotive logistics leader to advance private-sector growth and international expansion opportunities.

UAE Strengthens Position as Global AI Hub with Major Financial Sector Investment

The UAE Ministry of Investment advances AI development across sectors, with financial services leading transformation, as Abu Dhabi hosts the world's largest…

Dubai CommerCity Unveils AED1.8 Billion Expansion to Catalyse Digital Commerce Growth

Dubai CommerCity embarks on ambitious AED1.8 billion Phase Two expansion, delivering 91,000 square metres of integrated office, logistics and lifestyle facilities through…

Sharjah’s Remarkable 45% FDI Growth Underscores UAE’s Economic Resilience

Sharjah's 45% surge in foreign direct investment projects reflects the UAE's competitive advantages as a global investment destination, driven by economic diversification…

Global Food Week 2026 Convenes International Leaders to Shape Future of Food Systems

Global Food Week 2026 will unite governments, UN agencies and international leaders to advance food security and transform agrifood systems in October…

UAE and Morocco Central Banks Forge Strategic Partnership on Banking Supervision and Islamic Finance

The Central Bank of the UAE and Bank Al-Maghrib sign two strategic memoranda to strengthen supervisory cooperation, develop Islamic finance and interconnect…

Sharjah Investment Forum 2026 to Convene Global Leaders on AI and Economic Resilience

Sharjah Investment Forum 2026 will unite over 10,000 global participants to examine artificial intelligence, capital flows and strategies for building adaptive economies

DEWA’s Smart Bank Guarantee System transforms efficiency with 95% reduction in processing times

DEWA's innovative Smart Bank Guarantee System has achieved a 95% reduction in transaction processing time and a 74% decrease in physical document…

58th Watch & Jewellery Middle East Show attracts robust visitor numbers and brisk sales

The 58th Watch & Jewellery Middle East Show demonstrates strong commercial momentum, with leading jewellery houses reporting robust visitor attendance and active…