Dubai’s aviation industry set to add $53 billion to GDP by 2030
Dubai’s aviation sector will contribute nearly one-third of GDP by 2030 but faces hurdles due to Boeing’s aircraft delays. Emirates is scaling up Airbus orders to meet demand.
International
UAE tops MENA bond market growth, drives sustainable investments: LSE Deputy CEO
LSE Deputy CEO highlights the UAE's dominance in MENA bond markets, driven by its leadership in sustainable investments. Strategic partnerships are key to this success, propelling growth in infrastructure and green finance sectors.
Saudi Arabia secures over $2bn through multi-tranche sukuk offering
Saudi Arabia raises SAR 7.8 billion from a multi-tranche sukuk issuance, continuing its commitment to Islamic finance. The issuance spans five tranches with the largest maturing in 2039.
Emirates named world’s best airline, dominating premium services and entertainment
Emirates named world’s best airline, dominating in inflight entertainment and premium services. Awarded 19 accolades, including Best First Class and Premium Economy, highlighting its luxury offerings and loyalty programme.
Qatar Airways debuts world-first free Starlink Wi-Fi on Boeing 777 flights
Qatar Airways launches the world's first Boeing 777 flight equipped with SpaceX's Starlink internet, offering passengers free, high-speed connectivity. The airline plans rapid fleet-wide roll-out, marking a leap in in-flight passenger experience.
Saudi Arabia eyes BeIN Sports acquisition from Qatar to expand wealth fund sports portfolio
Saudi Arabia is in talks to acquire Qatari broadcaster BeIN Sports, marking a significant potential shift in Middle East sports media. The deal is in line with the Kingdom's growing investment in sports, both regionally and globally.
Dubai and Abu Dhabi rank first globally in ease of entry for skilled talent, says new report
Abu Dhabi and Dubai ranked first globally for ease of entry, driven by open immigration policies that attract top talent. GCC cities thrive in services and innovation, leading economic diversification efforts.
Saudi Aramco CEO says company “bullish” on growing Chinese oil demand
Saudi Aramco CEO Amin Nasser remains optimistic about China’s oil demand amid ongoing energy transition challenges, citing growth in liquid-to-chemical projects. Nasser emphasised the importance of a balanced energy mix for developing countries, where oil demand remains strong.
Pakistan’s stock market soars as KSE100 Index surpasses 86,700 points
The strong bullish trend in the Pakistan Stock Market continues, with the 100 Index gaining over 600 points, crossing the 86,700 points mark. This surge in the stock market is primarily driven by growing investor confidence and economic stability.
Qatar Chamber cuts fees to support businesses, encourage investment
Qatar Chamber has slashed fees for services to encourage local businesses and attract foreign investment. The decision is part of Qatar’s broader strategy to promote economic diversification and strengthen its position as a regional business hub.
