Browsing: Global Economy

The 18th Asian Financial Forum (AFF) concluded successfully on January 14 after a two-day run at the Hong Kong Convention and Exhibition Centre, which drew more than 3,600 participants, including over 130 high-level speakers, and facilitated 700-plus one-on-one AFF Deal-making meetings to link up sources of funds with investment projects around the globe.

Saudi Arabia’s Public Investment Fund (PIF) has unveiled its inaugural murabaha credit facility, amounting to $7B, as part of its medium-term strategy to raise capital.

DMCC has launched its Crypto Centre Metaverse, an innovative digital platform aimed at connecting global stakeholders with the region’s largest Web3, crypto, and blockchain ecosystem.

The President of the UAE, Sheikh Mohamed bin Zayed Al Nahyan, has appointed a distinguished…

Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, highlighted the UAE’s focus on enhancing its…

The SuperBridge Summit 2024, organised by the Dubai World Trade Centre (DWTC) and the SuperBridge…

Scott Livermore, ICAEW Economic Advisor and Chief Economist at Oxford Economics Middle East, projects that the UAE economy will grow by 4.8% in 2025. He expects the non-oil sector to expand by 4.6% in 2024.

OPEC+ has decided to delay a planned increase in oil output for October and November, as announced on Thursday. This move follows a drop in crude prices to their lowest in nine months.

Under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, Dubai will host the 10th World Free Zones Organisation (World FZO) World Congress from 23-25 September at Madinat Jumeirah. This year’s theme is ‘Zones and the Shifting Global Economic Structures – Unlocking New Investment Avenues’, addressing global sector priorities.

In a significant move, Saudi Aramco has agreed to purchase an additional stake in PetroRabigh…