The Gulf Cooperation Council (GCC) has officially introduced a unified tourist visa, a significant development that is expected to transform travel across the region. This new visa allows tourists to visit all six GCC countries—UAE, Saudi Arabia, Bahrain, Qatar, Oman, and Kuwait—with a single entry, similar to Europe’s Schengen visa. The initiative is anticipated to...
The GITEX EUROPE x Ai Everything event has officially begun in Berlin, focusing on the significant role of artificial intelligence in driving economic growth. This inaugural tech gathering is particularly noteworthy as it aims to explore the €2.7 billion economic windfall attributed to advancements in technology. Government of Dubai Media Office reports that the event...
The UAE Government, in collaboration with the World Economic Forum (WEF), has announced the launch of the 2025 edition of the Global Future Councils, which is set to take place in Dubai from October 14 to 16, 2025. This significant event will feature 36 councils that will bring together 700 experts from over 580 organizations...
The Dubai Financial Services Authority (DFSA), which serves as the independent regulator for the Dubai International Financial Centre (DIFC), has officially published its Annual Report for 2024. This report outlines the DFSA’s achievements and the overall performance of the financial sector within the DIFC during the past year. In the report, the DFSA highlighted significant...
Inbound tourism spending in Saudi Arabia has reached an unprecedented SR153.61 billion ($40.95 billion) in 2024, representing a 13.82 percent increase compared to the previous year, according to the Saudi Central Bank. This surge has also elevated the Kingdom’s travel balance surplus to SR49.78 billion, marking a 7.81 percent rise from 2023. Furthermore, outbound spending...