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Economy News
Dubai Hosts 2026 Summit on Digital VAT and E-Invoicing Reforms
E-Invoicing Summit 2026 brings together tax officials, companies, and tech experts in Dubai to address digital tax changes in the Middle East. Scheduled from...
Economy News
Kuwait’s Reform Journey Drives S&P Credit Upgrade
S&P rating upgrade Kuwait fiscal reform marked a significant development for the Gulf nation as Standard & Poor’s Global Ratings raised Kuwait’s long- and...
Economy News
Economic Modeling Workshop Highlights GCC Policy Advancement
Economic Modeling Workshop hosted by the Central Bank of Kuwait reaffirmed the institution’s commitment to advancing scientific and technological research, improving economic policy efficiency,...
Economy News
Dubai Economy Growth Shows Strong Momentum
Dubai economy growth registered a 4.7% year-on-year increase in the second quarter of 2025, reaching $33.2 billion. This solid expansion reflects the continued strength...
Economy News
Dubai’s Economy Growth Reaches Dh241 Billion in H1 2025
Dubai’s economy growth showed strong growth in the first half of 2025, expanding by 4.4 percent year-over-year to reach Dh241 billion. This increase highlights...
Economy News
Oman-UAE Special Economic Zone Set to Transform Regional Trade
Oman-UAE special economic zone work has officially started on the Al-Rawdah project, a $2 billion initiative designed to boost trade and investment between Oman...
Economy News
UAE Central Bank Cuts Interest Rate: How This Affects Borrowers
UAE Central Bank cuts the base rate for the Overnight Deposit Facility (ODF) by 25 basis points, lowering it from 4.15 percent to 3.90...
Economy News
Saudi Arabia continues to develop 25+ giga projects, including NEOM, Qiddiya city.
Saudi Arabia continues to develop more than 25 gigaprojects as part of its Vision 2030 strategy to diversify its economy beyond oil. Major initiatives...
Economy News
UK-GCC Trade Deal Nears Completion: Boost for UK-Gulf Economic Ties
The United Kingdom is nearing the completion of a free trade agreement with the Gulf Cooperation Council (GCC). The agreement covers Bahrain, Kuwait, Oman,...
Economy News
 Global trade shifts GCC and Its Game-Changing Impacts
Global trade shifts GCC phrase captures the reality facing the Gulf region today. International trade is undergoing major changes as nations rethink supply chains,...