Wednesday, April 8, 2026

economy

7 UAE banks make it to Forbes’ ‘most valuable’ list for Middle East

Saudi Arabia makes up a third of the list with 10 entries, with an aggregate market value of $279.5 billion. Qatar placed third with six entries worth $73.6 billion. As of February 23, 2024, the 30 banks had a combined...

GCC government spending to remain key driver of economy

GCC government spending is expected to continue playing an important role in the near-to-medium term as countries look to achieve their ambitious development, diversification and net-zero targets, a report said. Infrastructure investment: A thematic overview by Emirates NBD Research says...

Singapore downgraded 2020 GDP outlook again as virus attacks economy

Singapore has dropped its GDP forecast to a contraction range of -7 per cent to -4 per cent. Singapore cuts its 2020 gross domestic product forecast again for the third time on Tuesday. The trade ministry said, as the bellwether...

Latest News

IRAN ATTACKS UAE AND QATAR – The Times of India

Iran has attacked the UAE and Qatar. That's all we know. And it's not much. But the implications are...

UAE Economic Shield Plan

The UAE has developed an economic shield plan. This plan aims to counter the potential economic fallout of an Iran war.

Saudi Arabia Intercepts Ballistic Missiles

Saudi Arabia's aerial defenses have intercepted ballistic missiles. The incident occurred amid reports of Iran attacks.

Airlines cancel more flights as Middle East conflict escalates – Reuters

Airlines are canceling more flights. No surprise, given the escalating conflict. And this has led to an increase in flight cancellations. But the full...

UAE Says Ceasefire Not Enough for Iran War Solution

The UAE has expressed its doubts about the effectiveness of a ceasefire in resolving the Iran war. The UAE's stance is based on a perceived lack of trust in the Tehran regime.