Latest News – CEO Weekly

April 16, 2025

Abu Dhabi’s CYVN and Bahrain’s Mumtalakat Finalize Landmark Acquisition of McLaren Automotive and Stake in Racing

Abu Dhabi, UAE & Manama, Bahrain – In a move poised to reshape the future of the iconic British luxury automotive and motorsport brand, Abu Dhabi-based advanced mobility investment firm CYVN Holdings LLC and Bahrain Mumtalakat Holding Company BSC(c) (Mumtalakat), the sovereign wealth fund of the Kingdom of Bahrain, have officially announced the successful completion […]

by CEO Editorial Team

April 15, 2025

Dubai and Abu Dhabi Shine as Smart City Leaders in IMD 2025 Ranking Amid Global Housing Concerns

Lausanne, Switzerland & UAE – In a notable achievement highlighting their commitment to technological advancement and urban innovation, both Dubai and Abu Dhabi have secured positions within the top 5 of the prestigious IMD Smart City Index 2025. This recognition comes at a critical juncture, as cities worldwide grapple with a burgeoning global housing crisis, […]

by CEO Editorial Team

April 14, 2025

CBUAE Holds Firm on 2.0% Inflation Forecast for 2025, Signaling Economic Stability Amid Global Uncertainty

Abu Dhabi, UAE – In a reassuring signal of economic stability, the Central Bank of the UAE (CBUAE) has reaffirmed its inflation forecast for 2025 at a steady 2.0%. This projection stands in stark contrast to the prevailing global economic climate, where many nations continue to grapple with elevated levels of inflation. The CBUAE’s confidence […]

by CEO Editorial Team

April 13, 2025

UAE’s Non-Oil Trade Surpasses AED 2 Trillion, Fueling Robust Growth Projections

The United Arab Emirates’ ambitious economic diversification strategy is yielding significant results, as evidenced by the nation’s non-oil trade exceeding a remarkable AED 2.0 trillion in the first nine months of 2024. This impressive figure represents a substantial 14.9% year-on-year increase, underscoring the growing strength and dynamism of the UAE’s non-hydrocarbon sectors. The robust trade […]

by CEO Editorial Team

April 12, 2025

IMF Forecasts Robust 5.1% Real GDP Growth for UAE in 2025, Underscoring Economic Momentum

The International Monetary Fund (IMF) has issued a positive outlook for the United Arab Emirates’ economy, projecting a strong real Gross Domestic Product (GDP) growth of 5.1% for the year 2025. This forecast, released as part of the IMF’s latest regional economic outlook, highlights the continued economic momentum within the Emirates, driven by a combination […]

by CEO Editorial Team

April 11, 2025

UAE Poised to Retain Crown as Fastest-Growing Economy in the GCC for 2024 and 2025

The United Arab Emirates is projected to maintain its position as the fastest-growing economy within the Gulf Cooperation Council (GCC) for both 2024 and 2025, according to the latest economic forecasts from various international and regional institutions. This sustained growth leadership underscores the success of the UAE’s proactive diversification strategies, robust non-oil sector performance, and […]

by CEO Editorial Team

April 10, 2025

DEWA’s $408 Million Net-Zero HQ on Track for Q4 2025 Completion, Setting New Sustainability Benchmarks

Dubai Electricity and Water Authority (DEWA) is making significant strides in its commitment to sustainability, with its ambitious $408 million (AED 1.5 billion) new headquarters building, dubbed “Al Shera’a” (The Sail), on schedule for completion in the fourth quarter of 2025. This landmark project is poised to become the world’s tallest, largest, and smartest energy-positive […]

by CEO Editorial Team

March 26, 2025

UAE’s Strategic Investments in Africa: Opportunities and Challenges

The United Arab Emirates has emerged as one of the most influential investors in Africa, pouring billions of dollars into infrastructure, energy, logistics, and technology projects across the continent. Driven by economic diversification strategies, geopolitical interests, and Africa’s growing economic potential, the UAE’s investments are reshaping trade dynamics and strengthening diplomatic ties. Yet, as the […]

by CEO Editorial Team

March 26, 2025

GCC Banks Poised for Growth Amid Economic Shifts

The banking sector across the Gulf Cooperation Council (GCC) is experiencing a period of rapid expansion, driven by economic diversification, rising oil revenues, and digital transformation. As the region navigates global economic shifts, banks in the UAE, Saudi Arabia, Qatar, and beyond are poised to capitalize on new opportunities while addressing emerging challenges. With rising […]

by CEO Editorial Team

March 26, 2025

Dubai’s Population Boom: Rising Living Costs vs. Stagnant Salaries – A Balancing Act for Expats and Businesses

Dubai’s reputation as a global business hub and a magnet for expatriates continues to strengthen. The city’s population surged past 3.65 million in 2024, a sharp rise driven by economic expansion, relaxed visa policies, and increasing global interest in the UAE’s tax-friendly environment. Yet, this rapid growth has sparked a critical issue: while demand for […]

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