... energy, agrifood, tech, and Islamic economy sectors, according to Dubai Media Office. The roadshow gathered over 150 local business leaders and government stakeholders. Indonesia is positioned as a hub for sharia-compliant trade and halal goods, and DMCC can use its commodities platforms and Islamic finance infrastructure to help “facilitate the flow of Halal products, Islamic fin...
... 100 Companies of the Future: The Economy Ministry and the Government Development and the Future Office are now accepting applications for the 100 Companies of the Future initiative, state news agency Wam reports. Benefits for startups and SMEs chosen for the initiative include mentorship, potential funding and investment, competitive financing solutions, and AI services. UAE-based...
... infrastructure and revive its economy. Saudi Arabia has also been pitching in, with USD 6.4 bn in agreements inked last month for the reconstruction of infrastructure in the country.
... international lender cited as saying the economy could grow by 5% in 2025, before decelerating to 4% over the next two years by Khaleej Times. “We continue to observe that geopolitical risks can lead to short-term sentiment jitters, but they do not appear to influence long-term trends in markets or investment flows,” Khaleej Times quotes Manpreet Gill, chief investment officer of ...
... business growth in the non-oil economy, as client sentiment continued to suffer following an escalation of regional tensions in Iran and Israel in June. The deceleration was also attributed to a decrease in tourism activities and disruptions in global trade.(Tap or click the headline above to read this story with all of the links to our background as well as external sources.)Firm...
... future-focused sectors in South Korea’s economy.” The UAE reaffirmed its commitment to invest USD 30 bn in South Korean businesses through Mubadala in May. #2- Saudi Arabia’s General Authority for Competition (Gac) signed off on Al-Futtaim Group’s acquisition of a 49.95% stake in Cenomi Retail, the authority said on X yesterday. The two retail giants had inked a share purchase ...
The US economy is showing signs of a growing gap, with major tech firms and big banks thriving while many other businesses are struggling with higher costs and new tariffs, the Financial Times reports. Second quarter earnings from companies like Apple, Meta, Microsoft, JP Morgan, and Goldman Sachs have exceeded expectations, reinforcing President Trump’s assertion that the American
... (Bloomberg | Guardian)ALSO- The US economy rebounded in 2Q 2025, growing 3% after contracting in the first quarter of the year, on the back of strong consumer spending and a turnaround in the trade balance. (CNBC | Wall Street Journal | Bloomberg) #2- Microsoft and Meta are both spending big on AI, after reporting strong quarterly earnings. Microsoft, which is set to become the se...
... holding up the way it used to. The economy remains vibrant, with strong performance across key sectors including real estate, services, logistics, tourism, and real estate. All of these verticals are thriving, which may explain the divergent performance between the DFM and other regional markets.ELSEWHERE IN THE REGION-Saudi’s ECM now offers remarkable diversity, Gad said, explain...
... the Dubai Land Department, the Economy and Tourism Department, and Dubai Courts — covering property registration, licensing, judicial, and administrative processes. More services are expected in future phases.#4- New working group to bring investment to Ajman: Ajman Crown Prince Ammar bin Humaid Al Nuaimi has formed a working group of stakeholders from key investment entities in A...
... image of stability, the global economy is showing deepening scars from Washington’s trade policies, with companies worldwide freezing investments and living with slimmer margins to absorb the fallout from the highest US tariff rates since the 1930s, Bloomberg reports. The economic pressure is set to intensify as another one of President Donald Trump’s tariff deadlines goes into ef...
More economic cooperation with India: Economy Minister Abdulla bin Touq Al Marri met with senior officials from India's Andhra Pradesh state during the Investopia Global Dialogues, state news agency Wam reports. The discussions focused on expanding bilateral cooperation in technology, food security, renewable energy, and digital infrastructure.He also met with Andhra Pradesh’s Chief M...
... were focused on fintech, when the economy was really shifting from a cash-based one to more of a digital one. It’s one of the most well funded sectors within venture capital in the region, and probably globally as well, because you’ll always have deeper subsector-focused layers within that space, and it cuts across nearly every business. We’ve also leaned heavily into e-commerce, ...
... after obtaining a permit from the Economy and Tourism Department. Non-DIFC-registered businesses can also expand to other emirates subject to local regulations. #3- Sidara might lower its bid for Wood Group as talks stretch on: UAE-based engineering and infrastructure consulting firm Sidara is reportedly mulling reducing its bid for UK engineering firm Wood Group on the back of an...
... with the world’s second-largest economy, according to a press release. The new Beijing office will coordinate commercial activity across China and the broader Asia region, and its subsidiary Noatum Logistics will also operate a new commercial branch for the Beijing-Tianjin market, the group said.Not their first rodeo in China: The new office builds on existing ties between AD Port...
... posing big risks if the global economy slows or if US inflation rises, JP Morgan’s head of EM fixed-income strategy Jonny Goulden told the FT.ALSO FROM PLANET FINANCE-Asset managers are launching active ETFs at a record pace, to capitalize on growing investor interest in products that aim to outperform traditional passive index trackers. During 1H 2025 alone, 476 active ETFs debut...
... president for premium, midscale and economy division in the Middle East, Africa and Turkey. It’s not yet clear who will take his place. Phillips helped develop the authority’s international tourism strategy during his tenure, while developing hospitality and leisure infrastructure that transformed the lesser-known emirate to an investment destination. One of his biggest achievemen...
... after obtaining a permit from the Economy and Tourism Department. Businesses can also expand to other emirates subject to local regulations, though DIFC-registered financial institutions are excluded. #3- More expansions at Mina Al Hamriya are underway: Dubai Ruler Mohammed bin Rashid Al Maktoum has greenlit a project that aims to expand Dubai’s Mina Al Hamriya port in a bid to ho...
... cooperation program that would allow the Economy and Tourism Ministry to recognize positive patent test results from the US Patent and Trademark Office, Wam reports. The initiative aims to speed up corresponding patent approvals in the UAE, particularly for industrial property rights.REAL ESTATE-#1- Mubadala kicks off waterfront Abu Dhabi build: Mubadala Investment Company started...
... the Dubai Land Department, the Economy and Tourism Department, the Identity and Foreigners Affairs General Directorate, and Dubai Courts — covering property registration, licensing, legal, and administrative processes. More services are expected to be added in future phases.
... chains to the US, head of global economy at Chatham House Creon Butler said.US coffers are swelling in the meanwhile: Customs revenues soared to a record USD 64 bn in 2Q 2025, funneling an additional USD 47 bn into the US treasury compared to the same period last year.MARKETS THIS MORNING-Asian markets are mostly in the red this morning, led by Japan’s Nikkei inching down 0.3% aft...
... instrument for financing the real economy,” said Ali Ahmad Said, DIB’s chief of investment banking.About Olam: Olam Agri is majority-owned by the Saudi Agricultural and Livestock Investment Company, a vehicle owned by Saudi Arabia’s Public Investment fund, with Singapore’s Olam Group retaining a minority stake. The company operates across grains, edible oils, rice, animal protein,...
... sectors, following a meeting between Economy Minister Abdulla Bin Touq Al Marri and Tajikistan's Economic Development and Trade Minister Zavqi Zavqizoda, according to a statement from the Tajik ministry. The two nations have already doubled their trade volume in 1H 2025 compared to the same period last year and are actively seeking to strengthen trade ties in the coming years. The...
... investors wait for insights on China’s economy. Hong Kong’s Hang Seng is up 0.8%, while Shanghai Composite is down 0.5%. Wall Street investors are also waiting for big banks’ earnings and inflation data, keeping futures virtually unchanged.ADX10,063-0.0% (YTD: +6.8%)DFM5,857+0.0% (YTD: +13.5%)Nasdaq Dubai UAE204,830+0.2% (YTD: +16.0%)USD : AED CBUAEBuy 3.67Sell 3.67EIBOR4.3% o/n4....