Business & Money | Sunday 18 October, 2026 8:00 am

Dubai World Trade Centre at heart of emirate’s evolving exhibitions, events economy

Dubai World Trade Centre (DWTC) is strengthening its position as a key driver of Dubai's events economy, moving beyond its traditional role as an exhibition and conference venue towards an integrated economic platform aimed at increasing the sector's annual economic output to AED54 billion by...

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Business & Money | Sunday 18 October, 2026 8:00 am

Dubai's GDP reaches AED473 billion in H1 2026

The Government of Dubai has announced the emirate’s Gross Domestic Product (GDP) results for H1 2026, with real GDP reaching approximately AED473 billion, according to data released by the Dubai Data and Statistics Establishment at Digital Dubai. The results reflect continued growth across a ...

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Business & Money | Sunday 18 October, 2026 8:00 am

MOMAH puts municipal land investment rules up for public consultation

Saudi Ministry of Municipalities and Housing (MOMAH) put a draft of the rules governing investment in municipal land up for public consultation via the Istitlaa platform, with a deadline of Nov. 10, 2026. The rules aim to establish mechanisms for investing in municipal land in exchange for...

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Business & Money | Sunday 18 October, 2026 8:00 am

Saudi investments curb impact of energy shock: Al-Jadaan

Mohammed Al-Jadaan, Minister of Finance and Chair of the International Monetary and Financial Committee (IMFC), said that the global economy is demonstrating remarkable resilience and continues to grow despite challenge. Most GCC countries have implemented structural reforms that helped them...

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Business & Money | Sunday 18 October, 2026 8:00 am

Al-Sayari: Potential for cooperation with China on regional payment systems

Governor of the Saudi Central Bank (SAMA), Ayman Al-Sayari, said future opportunities may arise to explore potential areas of cooperation and exchange expertise with China on developments in regional payment systems. Al-Sayari made the remarks during a joint meeting between the governors of...

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Business & Money | Friday 16 October, 2026 3:33 pm

How to Trade Global Currencies From the UAE

Foreign exchange is the largest financial market in the world, with global daily turnover reaching USD 9.6 trillion in April 2025, according to the Bank for International Settlements Triennial Survey, a jump of 28% from 2022. For UAE residents and businesses, some exposure to this market is often...

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Culture & Education | Friday 16 October, 2026 1:01 pm

Dubai Culture Highlights Fashion’s Economic Impact at BRICS+ Fashion Summit

Dubai - The BRICS+ Fashion Summit, an international fashion business forum of fast-growing economies, has concluded in Moscow. The Summit brought together representatives from over 60 countries, with manufacturers, retailers, investors and heads of fashion associations from Asia, Africa, Latin...

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Business & Money | Friday 16 October, 2026 11:18 am

Tamchy SFIT Named Asia-Pacific’s Top Rising Star in fDi’s Global Free Zones of the Year Awards 2026

Financial Times’ fDi Intelligence ranks Kyrgyzstan’s new financial jurisdiction second worldwide among newly established free zones Issyk-Kul, Kyrgyzstan – Tamchy Special Financial Investment Territory (SFIT) has ranked first in Asia-Pacific and second globally in the Rising Star...

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Business & Money | Thursday 15 October, 2026 7:59 pm

Why Profitable Businesses Still Fail: The Importance of Financial Discipline

Written BY: M. Abdullah A business can have customers, growing revenue and even report a profit while still running into serious financial trouble. That sounds contradictory, but profitability is only one part of financial health. Businesses need enough available cash to pay...

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Business & Money | Thursday 15 October, 2026 5:06 pm

Saudi reforms, fiscal buffers paying off amid shocks: IMF Chief

International Monetary Fund (IMF) Managing Director Kristalina Georgieva said structural and fiscal reforms implemented by Saudi Arabia and the GCC countries in the recent years have helped build economic and fiscal buffers that are clearly paying off amid current shocks. Speaking on the...

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