As many as 7 billion AED worth of real estate deals were made in Sharjah in January 2025, which was a very good month for the market. The Sharjah Real Estate Registration Department said there were 11,116 deals made during the month, which sold 10.4 million square feet of land. This huge growth is a...
Tag: economic growth
Sharjah Launches Initiative to Become Regional Hub for Film Production
With an ambitious plan led by Sharjah Media City (Shams), Sharjah is starting a journey that will change the way movies are made in the area. The goal of this project is to make the emirate a center for film production and creative businesses. This will make it a game-changer in the media sector of...
Abu Dhabi Targets $200 Billion Trade with China by 2030
Abu Dhabi is intensifying efforts to boost investments with China, anticipating that bilateral trade will reach $200 billion by 2030. The Abu Dhabi Department of Economic Development (ADDED) is leading an economic delegation to China as part of this initiative, aiming to strengthen the emirate’s role as a global hub for talent, businesses, and investments....
Cheyne Capital Increases Investment in UAE Amid Global Uncertainty
Cheyne Capital’s hedge fund for Europe, the Middle East, and Africa is significantly increasing its investment in the United Arab Emirates, viewing it as the most resilient equity market amid uncertainties linked to US President Donald Trump’s policies. Fund manager Carl Tohme highlighted that the UAE’s currency peg to the dollar plays a crucial role...
UAE Recognized as GCC Region’s Most Diversified Economy in Global Economic Diversification Index 2025
The UAE has been identified as the most diversified economy in the Gulf Cooperation Council (GCC) region, according to the recently released Global Economic Diversification Index (EDI) 2025. The Mohammed Bin Rashid School of Government (MBRSG) presented this report during a panel discussion at the 2025 World Governments Summit, which focuses on “Shaping Future Governments.”...
UAE Minister Calls for Tax Reform to Boost Job Creation and Support Youth Employment
UAE Minister of State for Financial Affairs, Mohamed Al Hussaini, has called for Arab nations to modernise their tax systems. Speaking at the World Government Summit (WGS) 2025, he emphasized that such reforms are essential to sustain economic growth, create jobs, and enhance workforce resilience. During his address at the Arab Fiscal Forum, Al Hussaini...
Mohammed bin Rashid Discusses Future Challenges with Klaus Schwab
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, met with Professor Klaus Schwab, Executive Chairman of the World Economic Forum, on the opening day of the World Governments Summit 2025. The summit, running from February 11 to 13 under the theme “Shaping Future...
Grant Thornton UAE Expands Presence with New Office in Sharjah
Grant Thornton UAE, a prominent financial services firm, has officially opened a new office in Sharjah. This expansion marks a significant milestone in the company’s growth journey and demonstrates its commitment to serving clients in the Northern Emirates and across the UAE. According to WAM, the opening ceremony featured key figures such as Walid Al...
UAE and Japan Near Completion of Comprehensive Economic Partnership Negotiations
Dr. Thani bin Ahmed Al Zeyoudi, the Minister of State for Foreign Trade, announced that negotiations for the Comprehensive Economic Partnership Agreement (CEPA) between the UAE and Japan are set to be completed by the end of 2025. In his statement to the Emirates News Agency (WAM), Dr. Thani Al Zeyoudi emphasized that the terms...
Dubai Chambers Named Featured Partner for World Governments Summit 2025
Dubai Chambers has been named as a Featured Partner for the World Governments Summit 2025, which is set to take place in Dubai from February 11 to 13, 2025. The summit will operate under the theme ‘Shaping Future Governments’ and aims to gather global thought leaders, experts, and decision-makers to foster international cooperation and develop...