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Category: Economy
Dubai’s public transport system saw a significant increase in usage during New Year’s Eve 2025 celebrations, with a total of 2,502,474 passengers recorded, according to the Roads and Transport Authority (RTA). This marks a 9.3% rise compared to the 2,288,631 passengers reported on the same occasion last year. The Dubai Metro carried the highest number...
The UAE has declared 2024 as its most successful year in terms of economic and developmental progress since the nation’s founding. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, shared this milestone during the first UAE Cabinet meeting of the year. In a...
His Highness Sheikh Dr. Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, met with His Excellency Ali Salem Al Dhaidi, the Consul General of Kuwait, on Thursday morning at Al Badee Palace. The visit marked the end of Al Dhaidi’s term in the UAE. During the meeting, His Highness welcomed the...
Oman is taking a significant step toward its 2050 carbon neutrality goals with the establishment of a new “Net Zero Centre.” Announced by the Minister of Energy and Minerals, Salim Nasser Al Aufi, the centre is set to play a vital role in speeding up the implementation of net-zero initiatives in the country. The Net...
Sharjah has taken a significant step to boost its economy by forming the Higher Committee for Economic Integration. The committee will focus on streamlining development across various sectors, including free zones and the mainland. This move aligns with Sharjah’s ongoing efforts to fast-track infrastructure projects and establish new business clusters, particularly for startups. The committee...
The UAE has kicked off 2025 with significant policy changes aimed at improving healthcare access, protecting the environment, strengthening the economy, and boosting Emiratisation efforts. The National summarized all the new reforms, which took effect on January 1 and set to shape the country’s agenda in the coming year. One of the major changes is...
The UAE has made remarkable strides over the past year, according to His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. Reflecting on these accomplishments, Sheikh Mohammed expressed pride in the nation’s progress and shared his optimistic outlook for 2025. In a post on...
Salaries in the UAE are projected to see minimal growth in 2025, with increases expected to remain in the low single digits or stagnant, according to recruitment consultants. Experts attribute this trend to the continued influx of skilled expatriates and already high salary levels in the region. Trefor Murphy, CEO of recruitment firm Cooper Fitch,...
The UAE is set to retain its position as the fastest-growing economy in the GCC in 2025, with a projected growth rate of 6.7%, according to KPMG’s latest CEO Outlook report. As reported by Khaleej Times, this marks a significant rise from the 3.8% growth expected this year. The growth is being driven by the...
The UAE is set to end 2024 with a record-breaking AED 3 trillion in non-oil foreign trade, according to recent figures. This milestone reflects the country’s effective trade strategies and ambitious economic policies aimed at achieving its “We the Emirates 2031” vision. According to Al Khaleej, in the first half of 2024 alone, the UAE...