Business & Money | Monday 26 October, 2026 8:00 am

King Salman orders support measures ahead of utility tariff changes

King Salman bin Abdulaziz Al Saud directed a series of measures to support citizens, based on a proposal by Crown Prince and Prime Minister Mohammed bin Salman, coinciding with Saudi Energy Co. (SEC) and National Water Co. (NWC) announcing changes to electricity and water tariffs effective Jan. 1,...

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Business & Money | Friday 23 October, 2026 7:38 pm

What Platforms and Tools Does XM Offer?

Trading platforms and tools play a major role in how efficiently traders analyze markets, manage risk, and execute trades. While XM also known as XM Arabia continues to offer the globally recognized MetaTrader platforms, recent updates show a clear shift toward a fully integrated, all-in-one...

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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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