The United Arab Emirates strengthened its presence in the global economic and financial system through its participation in the 2026 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group, held in Bangkok, Thailand, from 12 to 18 October. The meetings featured a...
Dr. Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade, said that the Comprehensive Economic Partnership Agreement (CEPA) signed today between the United Arab Emirates and the Republic of Benin is expected to increase UAE exports to Benin by more than USD 1 billion by 2033, while boosting...
Dubai Customs processed 1.36 million applications for customs deposit refunds in the first half of 2026, up 3.6% from 1.31 million during the same period last year. The increase highlights the growing efficiency of its services and its commitment to meeting the evolving needs of the business...
The Ministry of Municipalities and Housing (MOMAH) revealed that seven million square meters (sqm) of white land in Tabuk, Hail, and Jazan regions have entered development or trading. The registered areas included 5.3 million sqm of white land that has entered trading, 466,000 sqm of land that ...
The National Water Co. (NWC) will introduce revised water and wastewater tariffs for residential, non-residential, and government customers from Jan. 1, 2027, the company said in a statement. The changes include setting four consumption tiers for residential customers and consolidating...
Bander Al-Khorayef, Acting Governor of the General Authority for Military Industries (GAMI), said Saudi Arabia is well positioned to excel in advanced technologies, supported by its strong digital base, skilled young workforce, and ability to turn ideas into products that can be deployed in the...
King Salman bin Abdulaziz Al Saud directed a series of measures to support citizens, based on a proposal by Crown Prince and Prime Minister Mohammed bin Salman, coinciding with Saudi Energy Co. (SEC) and National Water Co. (NWC) announcing changes to electricity and water tariffs effective Jan. 1,...
For Forex traders in the United Arab Emirates, choosing a trading provider involves more than comparing spreads. Trading platform reliability, account conditions, executionarrangements, customer support and risk-management tools are all important considerations when evaluating a provider.XM is...
The United Arab Emirates has achieved another strategic milestone, underscoring the effectiveness of its economic approach and reinforcing its global competitiveness. The country has risen to 10th place worldwide in the 2026 Government Support Index, one of the indicators featured in the IMD World...
The International Monetary Fund (IMF) has projected that the UAE economy will grow by 7.7% in 2027, an increase of 2.4 percentage points compared to its forecasts issued last April, highlighting the country’s substantial financial buffers, advanced infrastructure, and economic and technological...