by Jibran Munaf | October 3, 2024 | Economy, Editorials
As global sovereign debt levels surge, concerns about macroeconomic stability are becoming more pronounced, especially for developing nations. With over 50 developing countries spending more than 10% of their total revenues on debt servicing costs, the situation is...
by Jennifer George | October 3, 2024 | Economy, News
On October 2nd, President His Highness Sheikh Mohamed bin Zayed Al Nahyan met today with His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, at Al Marmoom in Dubai. Their Highnesses discussed several topics related to...
by Jennifer George | October 1, 2024 | Economy, Energy, Industry, News
On Monday, US-listed global technology firm SLB announced a strategic partnership with ADNOC Drilling Company and Patterson-UTI to create Turnwell Industries LLC OPC. The joint venture aims to leverage each of the three companies’ expertise in AI, smart drilling...
by Jennifer George | September 30, 2024 | Economy, Finance, Markets, News
With the November presidential elections right around the corner, the American business community has cast its initial predictions on who will sit at the helm of the US in a new term. According to the 2024 UBS Investor Watch survey, 57% of wealthy investors plan to...
by Jennifer George | September 27, 2024 | Economy, Industry, News, Regulations, Technology
A recent study by Dubai Design District (d3) and Dubai Media City highlights the UAE’s growing prominence in the global digital creative economy, which is projected to reach AED 27 trillion by 2030. The Digital Creative Economy 2024 White Paper, published in...
by Jibran Munaf | September 27, 2024 | Economy
France’s harmonized inflation rate saw a significant decline in September, falling to 1.5%, down from 2.2% in August, according to preliminary data from the National Institute of Statistics and Economic Studies (Insee). This drop in the Harmonized Index of Consumer...