Lionel Messi and Cristiano Ronaldo, two of football’s greatest icons, are shifting their focus beyond the pitch by investing in technology startups, particularly in AI and health tech. Both players aim to diversify their revenue streams and prepare for life after professional football, reflecting a broader trend among athletes who are increasingly looking at the...

The Abu Dhabi National Oil Company (ADNOC) has made a significant leap into Sub-Saharan Africa by acquiring Shell’s downstream operations in South Africa for $1 billion (approximately R16 billion). This deal not only represents ADNOC’s largest investment in the region but also underscores the increasing efforts by Gulf energy companies to broaden their global reach...

The Emirates Credit Insurance (ECI) is set to strategically utilize its network of UAE Comprehensive Economic Partnership Agreements (CEPA) to facilitate the expansion of local exporters into international markets. This initiative was discussed in a recent board meeting, where members emphasized the importance of enhancing the export credit portfolio to better support UAE businesses. The...

The LAMEA (Latin America, Middle East, and Africa) bakery ingredients market is anticipated to show remarkable growth, expanding from $1.20 billion in 2026 to an estimated $2.06 billion by 2034. This increase signifies a compound annual growth rate (CAGR) of 7% during the forecast period, indicating strong demand for bakery products across the region. This...

The banking sector in the UAE has demonstrated strong financial health in the first quarter, with lending growth reaching 5.8%. This positive trend underscores the resilience of banks despite the challenges posed by narrowing profit margins. Analysts are optimistic about the banks’ performance, citing increased economic activity and consumer demand as key drivers behind this...

The global eubiotics market is anticipated to experience significant growth, with projections indicating an increase from $7.41 billion in 2026 to $13.49 billion by 2034. This growth corresponds to a compound annual growth rate (CAGR) of 7.79% throughout the forecast period from 2026 to 2034. The rising demand for eubiotics, which are substances that maintain...

A Dubai entrepreneur has transformed an initial investment of just $1,000 into a six-figure income through discipline and smart financial management. The individual, raised with an understanding of the value of money from a young age, has successfully launched and nurtured two businesses in the competitive UAE market. This journey underscores the importance of financial...

Trade between Qatar and the UAE is projected to rise by 10%, reaching a substantial $8.4 billion by 2025. This positive trend was highlighted during a recent meeting between Qatar’s Minister of Commerce and Industry, HE Sheikh Faisal bin Thani bin Faisal Al Thani, and HE Saeed Abdullah Al Qamzi, the UAE Ambassador to Qatar....

Despite ongoing tensions in the region, global investors are showing strong confidence in the economic prospects of the Gulf Cooperation Council (GCC) countries. A recent survey revealed that over 71% of investors anticipate a negotiated resolution to the conflict between the United States and Iran, which they believe will stabilize the region. Notably, 82% of...

The Sharjah Investment Forum is set to take place this October, focusing on the critical theme of developing adaptive economies. This event will bring together key stakeholders in the region to discuss innovative strategies and frameworks that can support both local and global economic resilience amidst rapid changes in the marketplace. As the UAE continues...