Business & Money | Thursday 22 October, 2026 8:39 pm

UAE breaks into global top 10 in IMD’s 2026 Government Support Index

The United Arab Emirates has achieved another strategic milestone, underscoring the effectiveness of its economic approach and reinforcing its global competitiveness. The country has risen to 10th place worldwide in the 2026 Government Support Index, one of the indicators featured in the IMD World...

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Business & Money | Thursday 22 October, 2026 8:36 pm

IMF forecasts UAE economic growth of 7.7% in 2027

The International Monetary Fund (IMF) has projected that the UAE economy will grow by 7.7% in 2027, an increase of 2.4 percentage points compared to its forecasts issued last April, highlighting the country’s substantial financial buffers, advanced infrastructure, and economic and technological...

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Business & Money | Thursday 22 October, 2026 8:33 pm

On sidelines of Crown Prince of Abu Dhabi’s visit, UAE announces intention to invest additional €15 billion in Greece to strengthen economic and strategic partnership

The UAE has announced its intention to invest an additional €15 billion under its joint investment initiative with the Hellenic Republic. The announcement supports efforts to strengthen the long-term economic and investment partnership between the two countries and expand cooperation across...

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Business & Money | Thursday 22 October, 2026 8:32 pm

SPC Free Zone, Beehive partner to expand SME access to finance

Sharjah Publishing City Free Zone (SPC Free Zone) has signed a Memorandum of Understanding (MoU) with Beehive, a digital financing provider specialising in small and medium-sized enterprises (SMEs), to expand businesses' access to financing within the free zone. Beehive, a subsidiary of...

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Business & Money | Thursday 22 October, 2026 8:22 pm

flydubai leadership visits purpose-built Aircraft Maintenance Centre at Dubai South as project nears construction completion

Senior executive leadership at flydubai, including Chief Executive Officer Ghaith Al Ghaith, Chief Commercial Officer Hamad Obaidalla, Chief Procurement & Technology Officer Mohammed Hareb AlMheiri, Chief Operations Officer Mick Hills, and Chief Financial Officer Francois Oberholzer, recently...

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Business & Money | Thursday 22 October, 2026 8:15 pm

Plans to manufacture ship components locally, test autonomous vessels by 2027-end: TGA President

Saudi Arabia’s Transport General Authority (TGA) President Fawaz Al-Sahli outlined plans to develop the Kingdom’s maritime transport industry, including establishing Saudi companies specializing in ship component manufacturing and forming partnerships to test autonomous vessels by the end of...

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Business & Money | Thursday 22 October, 2026 8:06 pm

Oil demand to rise 3M bpd on recovery: Nasser

Saudi Aramco CEO Amin Nasser expects oil demand to rise by about 3 million barrels per day (mbpd) once conditions in the region return to normal, comprising 2 mbpd in consumption growth and 1 mbpd to replenish inventories depleted during the crisis. In an interview with Al Arabiya, Nasser said ...

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Environment & Energy | Thursday 22 October, 2026 9:37 am

World Energy Day 2026: Why Energy Efficiency Must Become Part of Everyday Life in the UAE

By Alberto Torner, Head of Ariston Group in the Middle East, Turkey and Caucasus As the UAE continues its journey towards a more sustainable future, one question deserves greater attention: how can energy efficiency become part of everyday life, rather than remain an ambition on...

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Business & Money | Wednesday 21 October, 2026 4:55 pm

CBUAE launches Financial Health Innovation Challenge; applications open until 30 November

The Central Bank of the UAE (CBUAE) has launched the Financial Health Innovation Challenge to identify ready-to-implement solutions that improve the financial health of individuals and micro, small and medium-sized enterprises (MSMEs) in the UAE, with applications open until 30th November...

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Business & Money | Wednesday 21 October, 2026 4:52 pm

DEWA International signs 4 MoUs with global partners during WETEX 2026

Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA) and Chairman of DEWA International, witnessed the signing of four memorandums of understanding (MoUs) between DEWA International and leading global entities during the 28th Water, Energy, Technology and...

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