New spending plan includes chip plants, data centres and regional development.

Samsung set to unveil record $650b investment plan

South Korean giant is betting big on booming AI-driven chip demand

How extreme heat is slowing Europe's economy

Extreme heat is hurting productivity, growth and public finances across the continent

A woman walks her dog past water hoses spilling water to provide relief from the summer heat as part of Cologne’s climate adaptation measures in Cologne, western Germany on June 25, 2026 during a heatwave in Europe.

UAE eyes Pacific trade bloc entry

UAE to begin CPTPP preparatory talks in latest push to widen trade access

The UAE now accounts for 41 percent of the Middle East’s total merchandise exports.

Dubai investment boom creates thousands of jobs

Emirate captures 7% of global greenfield FDI projects with Dh32.4 billion inflows

Nearly 39,000 jobs were created through Dubai’s latest foreign investment drive as global companies continued to set up new projects in the emirate.

Abu Dhabi sees sharp rise in new business licences

Professional licences surge 193% as new businesses grow across Abu Dhabi regions

New businesses and industrial facilities continue to expand in Abu Dhabi as the emirate records growth in economic licences during the first quarter of 2026.

UAE borrowers rethink loans, credit cards as costs rise

Mortgages remain popular as residents weigh costs before taking personal loans and credit

UAE consumers are becoming more selective about borrowing decisions as higher costs and changing spending patterns reshape demand for loans, credit cards and other forms of financing.

How Brexit reset put Dubai on Britain’s growth map

UK firms are using Dubai to reach new markets after Europe became harder to navigate

A man waves both a Union flag and a European flag together on College Green outside The Houses of Parliament at an anti-Brexit protest in central London on June 28, 2016.

Sharjah offers 50% fee cuts for businesses

Three-month package covers licence fees, penalties and business permits

Sharjah skyline

French firms surge in UAE as tourism ties deepen

UAE and France discuss tourism, aviation and SME partnerships as visitor numbers rise

Abdulla bin Touq Al Marri, Minister of Economy and Tourism, with Serge Papin, France's Minister for Small and Medium-sized Enterprises, Trade, Crafts, Tourism and Purchasing Power, at VivaTech 2026 in Paris.

UAE ranks 1st globally in economic performance

UAE leads the region for 10th consecutive year in IMD World Competitiveness Yearbook 2026

UAE ranks first in 21 indicators and among the top five in 67 measures, according to IMD report.

UAE launches new finance strategy

New plan focuses on fiscal sustainability, AI-led services and global partnerships

The UAE flag flies over the Abu Dhabi skyline.

GCC faces 2026 hit before major 2027 recovery

ICAEW, Oxford Economics report says trade routes and demand can revive growth

The UAE economy is expected to show resilience as the GCC navigates regional economic challenges and looks towards recovery.

TRENDING STORIES