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, […]
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 […]
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 […]
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 […]
Her Excellency Hala Badri is a highly accomplished and visionary leader who currently serves as the Director General of the Dubai Culture and Arts Authority (Dubai Culture), a role she has held since April 2019. Appointed by a royal decree from His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of […]
Dr. Sana Sajan is a distinguished figure whose work spans healthcare, corporate social responsibility (CSR), and cultural advocacy. Her work and contributions have made a significant impact within the United Arab Emirates (UAE), where she is known for driving initiatives that improve both the welfare of individuals and the environment, while also fostering cultural enrichment. […]
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 […]
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 […]
In a move signaling growing confidence in the Middle East’s financial markets, global investment management firm Barings has announced plans to open an office in Abu Dhabi, just months after establishing operations in Dubai. The expansion marks a strategic push into one of the world’s fastest-growing asset management hubs, positioning Barings to tap into the […]
Dubai has secured 12th place in the latest Global Financial Centre Index (GFCI 37), solidifying its position as a leading financial center in the Middle East and Africa region. This is a significant achievement for Dubai, which has been steadily climbing the GFCI rankings in recent years. The GFCI is a valuable tool for policymakers […]
