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...
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...
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...
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...
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...
Minister of Finance Mohammed Al-Jadaan said Saudi Arabia helped ensure the continued flow of energy supplies and trade amid uncertainty, thanks to its investments in alternative transit and supply routes. Addressing the third meeting of the G20 Finance Ministers and Central Bank Governors,...
The International Society of Automation (ISA) Saudi Arabia Section hosted ISA Saudi Automation Conference 2026, held from October 12-14 at the prestigious Kempinski Al Othman Hotel in Al Khobar, concluded with resounding success with 800+ attendees, 33+ exhibition booths, 20+ sponsors, 50+...
To accelerate the next phase of its growth, ZainTECH, the integrated digital solutions arm of Zain Group, has evolved its brand promise to ‘What’s next is now,’ reflecting the meaningful business outcomes it delivers to more than 1,600 organizations and government customers through its...
H.H. Sheikh Mansoor bin Mohammed bin Rashid Al Maktoum, President of the UAE Olympic Committee, witnessed the signing of a memorandum of understanding (MoU) between the Mohammed Bin Rashid Center for Leadership Development (MBRCLD) and the Emirates Group to establish a long-term framework for...
The UAE is all set to become the main crossing point for capital moving between East and West. And all of this is to happen within the next five years, building on a regulatory framework that has drawn one of the world's largest groups of licensed digital asset companies, the head of the Dubai...