Economy

NEWS DESK

The space economy is coming down to Earth – Saxo Bank

News Desk 20/05/2026

Space used to be easy to file under “science fiction, rockets and very expensive smoke.” That is changing. The space economy is becoming part of everyday infrastructure, from internet connections and weather data to defence, farming, shipping and navigation. This matters now because the sector

NEWS DESK

Gender parity: A prerequisite for a sustainable knowledge economy

News Desk 20/11/2025

Experts in Artificial Intelligence (AI) and digital transformation have reached a strong consensus: closing the gender gap in the technology sector is no longer a choice, but a fundamental necessity for establishing more fair and sustainable knowledge markets. This urgency is underscored by stark statistics, as global female participation in the technology workforce hovers

NEWS DESK

UAE App Economy Enters Profitability Era as Finance Installs Surge 700% and Ad Fraud on Android Plummets 50%

News Desk 11/11/2025

The UAE’s app economy is entering a new phase of profitable, retention-led growth, according to new data unveiled by AppsFlyer at the inaugural MAMA Dubai (Mobile Acquisition & Mobile Analytics). The research highlights two key shifts defining the market’s evolution: a sevenfold surge in finance app installs between 2021 and 2024, and a 50% drop […]

NEWS DESK

Dubai sets global benchmark for sustainable knowledge economy ahead of Knowledge Summit 2025

News Desk 03/11/2025

Dubai is all set to host the highly anticipated Knowledge Summit 2025, organized by the Mohammed bin Rashid Al Maktoum Knowledge Foundation (MBRF) and the United Nations Development Programme (UNDP) from 19 to 20 November 2025. The event’s theme, ‘Knowledge Markets: Developing Sustainable Communities,’ reaffirms Dubai’s pioneering stature as a global model for

NEWS DESK

Abu Dhabi enables businesses and investors to future-proof the economy

PR News Desk 09/10/2025

Abu Dhabi’s ongoing efforts to further strengthen ties with global economic powerhouses, develop a competitive business ecosystem, and empower the private sector are part of the emirate’s multi-dimensional strategy to futureproof its economy, said His Excellency Ahmed Jasim Al Zaabi, Chairman of the Abu Dhabi Chamber of Commerce and Industry (ADCCI). Addressing

NEWS DESK

“The Emirates Environmental Group & Dubai Supreme Council of Energy” Champion Circular Economy Through Expert Panel Dialogue

PR News Desk 27/08/2025

The Emirates Environmental Group (EEG), in co-organisation with the Dubai Supreme Council of Energy (DSCE) and in collaboration with the Advancing Net Zero Volunteering Team, successfully convened a high-level panel discussion under the timely theme, “Advancing Circular Economy in the UAE: Innovations, Strategies and Industry Collaboration.” Hosted by Stella Di Mare

NEWS DESK

Janus Henderson Q3 Multi Asset Review calls for diversification in an uncertain economy

PR News Desk 07/08/2025

Janus Henderson Investors’ newly released Q3 Multi Asset Review urges investors to stay invested and diversified against the backdrop of current market dynamics. The global asset manager points out that economic uncertainty remains as investors await clarity on whether U.S. economic resilience and the potential stimulative benefits of U.S. President Trump’s ‘Big Beautiful

NEWS DESK

Investopia Global launches new economy dialogues in Hyderabad and Andhra Pradesh to strengthen UAE-India partnership in future and sustainable economic sectors

PR News Desk 29/07/2025

Investopia Global launched the new economy dialogues in Hyderabad and Andhra Pradesh, with the aim of enhancing economic partnership between the UAE and the friendly Republic of India in future economic sectors – most notably fintech, clean energy, artificial intelligence, advanced manufacturing, tourism, supply chains, health and food services, and entrepreneurship.

Thought leadership

Diversification – a strategic necessity, not an optional defensive tactic

News Desk 22/07/2025

By Hamza Dweik, Head of Trading, Saxo Bank MENA As the global economy braces for a period of realignment, investors must now re-evaluate how to build resilient, growth-focused portfolios which can withstand today’s uncertainty. This perspective is gaining ground especially in the Middle East, where diversification is emerging as a key strategy for navigating volatility

NEWS DESK

Dubai’s experiential economy surges to Dh220 billion as The Experience Store sets out to redefine luxury wellness in the UAE

PR News Desk 10/07/2025

The Experience Store (TES), one of the UAE’s first digital lifestyle marketplaces for curated luxury experiences and wellness services, has officially launched, ushering in a new era of premium, wellness-driven offerings. TES stands as Dubai’s premier platform for transformative journeys, seamlessly blending holistic wellness, personalised indulgence, and curated

NEWS DESK

Third Edition of Investopia Europe kicks off in Milan advancing strategic partnerships and exploring opportunities in new economy, tourism, and entrepreneurship

PR News Desk 20/05/2025

Investopia organised the third edition of Investopia Europe at Palazzo Mezzanotte, the historic headquarters of the Italian Stock Exchange in Milan, with an aim to strengthen economic partnerships between the UAE, Italy, and European markets in key and fast-growing sectors, particularly the new economy, tourism, entrepreneurship, SMEs, the creative economy, technology, and

Aviation Business UAE

Do you know how the aviation sector is powering the UAE’s economic growth?

Arnold Pinto 17/04/2025

Contributing 18.2% to the nation’s GDP The aviation sector is a cornerstone of the United Arab Emirates’ (UAE) thriving economy. It underpins a range of vital industries and catalyses development, trade, and tourism. With Dubai and Abu Dhabi serving as global aviation hubs, the UAE has become one of the world’s most internationally connected nations. […]

NEWS DESK

H.E. Bin Touq explores strengthening cooperation with Governor of Guangxi in new economy sectors, tourism, entrepreneurship, transport, and logistics

PR News Desk 07/04/2025

H.E. Abdulla bin Touq Al Marri, Minister of Economy, met with H.E. Lan Tianli, Governor of Guangxi Zhuang Autonomous Region, to explore opportunities for enhancing economic cooperation between the UAE and the People’s Republic of China in sectors of mutual interest. H.E. Bin Touq emphasised that the economic relations between the UAE and China serve […]

NEWS DESK

Arab Health event and congress contributed US$269.7 million to Dubai’s economy

PR News Desk 12/12/2024

Arab Health, the Middle East’s largest and most influential healthcare event and congress, has underscored its importance to the Dubai economy, contributing US$269.7 million in 2024. This economic impact boosted key sectors, including tourism, hospitality, logistics and healthcare investments. According to the data revealed by Informa, Arab Health last year welcomed over

NEWS DESK

Over 50 experts gather to share insights on how businesses can build a thriving circular economy

PR News Desk 07/11/2024

The 1st International Conference on Business Management, Entrepreneurship, and Circular Economy, organized by the American University of Ras Al Khaimah (AURAK), provided valuable insights into how businesses and entrepreneurs can find the right balance to build a thriving circular economy. The two-day conference, held from November 4 to 5, featured 58 speakers, three

NEWS DESK

Ivory Coast Gains Significant Boost to Digital Economy with Launch of Raxio Data Centre

PR News Desk 25/09/2024

Raxio Group today inaugurated its state-of-the-art data centre in Abidjan, Ivory Coast, Raxio Côte d’Ivoire (CIV1). Marking the fifth data centre launch in its current portfolio and the company’s third consecutive launch this year alone, with Tier III accreditation by international industry body the Uptime Institute, Raxio aims to play a pivotal role in the […]

NEWS DESK

Digital Cooperation Organization launches Digital Economy Navigator to bridge the digital economy gap in countries worldwide

PR News Desk 23/09/2024

The Digital Cooperation Organization (DCO), a global multilateral organization committed to enabling digital prosperity for all by accelerating the inclusive growth of the digital economy, has launched its inaugural Digital Economy Navigator (DEN) that enables countries to better navigate the paths to digital economy maturity, find opportunities for growth, benchmark

NEWS DESK

Fourth Edition of EDB Connect Forum Fosters Strategic Partnerships

News Desk 24/06/2024

Emirates Development Bank (“EDB” or “the Bank”) today hosted the fourth edition of its EDB Connect forum series at the Mövenpick Resort – Al Marjan Island in Ras Al Khaimah (RAK). This significant event, held in partnership with the Ministry of Industry and Advanced Technology’s “Make it in the Emirates” initiative, convened key

NEWS DESK

Early French elections shake investors’ confidence in the economy

News Desk 11/06/2024

Financial markets were taken aback by French President Emmanuel Macron’s announcement to hold early elections, which has raised questions about his pro-business agenda and the country’s already precarious finances. Market reactions:Following the announcement of a sell-off of French assets on Monday, investors are requesting higher returns on French bonds than on German

NEWS DESK

Visa Brings Simplicity and Convenience to Booming Subscription Economy

News Desk 10/06/2024

Visa (NYSE: V), a world leader in digital payments, today announced the launch of Subscription Manager, a new, all-in-one service for financial institutions to provide Visa cardholders with a simple, convenient way to track their subscriptions, all from the palm of their hands. The global subscription market is on a steady rise, expected to reach […]