Latest economy news from the UAE, Gulf region and MENA in one place.
We cover market trends, government policies, trade, inflation, and financial updates. Stay informed on the economic landscape in the region. Whether you’re a business owner, investor, or professional, our updates help you understand economic changes and opportunities.
We provide reliable, clear, and fast news to keep you ahead. Track GDP growth, investments, and economic developments that impact businesses and individuals.
UPPERNEWS is your trusted source for everything happening in the UAE and Gulf economy. Stay ahead with the latest updates!
Category: Economy
Abu Dhabi has reached a significant milestone in environmental conservation by achieving a score of 97.4% in the Sustainable Fishing Index, according to the Environment Agency – Abu Dhabi (EAD). This marks an impressive rise from just 8.9% in 2018 and is the sixth consecutive year of improvement. This achievement coincides with World Oceans Day,...
Active Abu Dhabi, an initiative by the Emirates Foundation, has introduced a new national program called Misrah aimed at promoting national identity and enhancing community well-being. This program was unveiled during an introductory workshop held at the initiative’s headquarters, where various stakeholders gathered to discuss its objectives and strategies. The Misrah program is designed to...
The Government of Sharjah has achieved a significant milestone by receiving the Circularo Award for Digital Transformation. This recognition highlights Sharjah’s prominent role in innovation and its commitment to digital sustainability in the region. The award was presented to the Sharjah Digital Department, which has been pivotal in implementing advanced digital solutions that enhance public...
Stock markets in the United Arab Emirates experienced gains on Monday, aligning with Asian markets as investors looked forward to the outcome of U.S.-China trade talks taking place in London. The discussions are seen as crucial for easing the ongoing trade dispute between the two economic powerhouses, which has expanded to include export controls on...
A recent study conducted by Kaspersky, a global leader in cybersecurity and digital privacy, has revealed a significant increase in cyber threats targeting smartphones in the Middle East. Despite a relatively stable overall rate of attacks in the region during the first quarter of 2025 compared to the previous quarter, the number of hacking attempts...
The S&P Global United Arab Emirates Purchasing Managers’ Index (PMI) fell to 53.3 in May 2025, down from 54 in both March and April. This decline marks the lowest level recorded since September 2021, indicating a slowdown in the growth of the non-oil private sector. Despite this moderation, companies continued to experience strong client demand....
Madagascar is actively working to deepen investment cooperation and enhance its relationship with the United Arab Emirates (UAE). This initiative was highlighted by Madagascar’s Foreign Minister, Rafaravavitafika Rasata, during her visit to the Emirates as part of a high-level delegation attending a two-day business forum. The Madagascar Business Forum, held in Dubai, gathered over 60...
TSMC is currently assessing the possibility of constructing an advanced production facility in the United Arab Emirates. The company has already engaged in discussions regarding this potential project with officials from the U.S. government, specifically during the administration of President Donald Trump, as reported by Bloomberg’s Mackenzie Hawkins and Jenny Leonard. In recent months, TSMC...
The Ministry of Industry and Advanced Technology (MoIAT) and Sinaha, an e-commerce platform dedicated to promoting Emirati-made goods, have forged a partnership aimed at enhancing the competitiveness of national products. This collaboration is set to design a national digital platform that will highlight products bearing the “Made in the Emirates” mark, establishing a unified national...
The UAE Media Council has unveiled a new regulatory framework for the country’s media sector, which was announced on Thursday. This comprehensive system applies to various areas, including traditional publications, content creators, and social media influencers. It introduces a set of 20 content standards that all media organizations must adhere to, emphasizing respect for all...