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UAE and Saudi Non-Oil Sectors Flourish Amid Regional Challenges

UAE and Saudi Non-Oil Sectors Flourish Amid Regional Challenges

The non-oil sectors in the UAE and Saudi Arabia are demonstrating robust growth, defying the backdrop of geopolitical tensions in the region, particularly the ongoing conflict in Iran. September witnessed UAE companies responding vigorously to rising input costs by increasing their selling prices at the most significant rate seen in 15 years, a signal of resilience in these vital sectors....

Women Poised to Transform Gulf Family Business Leadership

Women Poised to Transform Gulf Family Business Leadership

The landscape of Gulf family businesses is undergoing a significant shift as women are increasingly stepping into leadership roles, expected to drive generational change. This transition comes in response to contemporary challenges such as digital transformation and the integration of artificial intelligence into business practices. Traditionally, family-owned enterprises in the Gulf region have been male-dominated, often passing control from father...

Dubai Advances Towards Tokenised Assets in Financial Landscape

Dubai Advances Towards Tokenised Assets in Financial Landscape

Dubai is strategically positioning itself to enhance its status as a global financial hub by focusing on the integration of tokenised assets. The Emirate is fostering collaboration between regulators, investors, and financial leaders through initiatives driven by Daman Virtual and the Dubai Department of Economic Development (DET). The efforts to promote tokenisation align with a broader vision to deepen the...

UAE’s Non-Oil Sector Expands 4.8% in Q1 2026, Boosting Economic Growth

The non-oil sector in the United Arab Emirates (UAE) demonstrated robust growth, recording a 4.8% increase in the first quarter of 2026. This growth has elevated the non-oil economy’s contribution to the country’s Gross Domestic Product (GDP) to a notable 79.4%. This shift highlights the UAE’s ongoing efforts to diversify its economy beyond oil reliance, fostering an environment for sustainable...

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