Abu Dhabi-based sovereign wealth fund ADQ has initiated the year by forming two significant global investment partnerships aimed at enhancing its influence in emerging markets. The fund plans to deploy capital in critical areas such as infrastructure and urban development. On February 12, ADQ announced a Memorandum of Understanding (MoU) with the International Finance Corporation,...
With big plans and new rules, the United Arab Emirates is setting itself up to be a star in the economy of the future. The UAE has become one of the most forward-thinking and innovative countries in the world as global economic trends change. It has done this by building a unique economic model that...
The countries in the Gulf Cooperation Council (GCC) had a total of $804.1 billion in foreign savings at the end of the first half of 2024. This number shows how strong these countries’ economies are in the face of changes in the world economy. Not only does this large amount show that the GCC is...
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...
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 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’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...
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 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...
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...