The International Monetary Fund (IMF) has raised its economic growth forecast for the Middle East and North Africa this year, despite a gloomy global prediction. The regional economy is now expected to grow by 3.4%, up from 3.1% in April. Globally, growth is forecast at 3.1%, compared to 3.2% three months ago. IMF largely blames the negative outlook on Brexit, saying the financial and oil markets started recovering earlier this year, under the assumption that the UK would remain in the EU.
Emirates Groups announces AED4.1 billion pre-tax profit in H1 2026
The Emirates Group has posted a profit before tax of AED 4.1 billion ($1.1 billion) for the first six months of 2026-27, despite disruptions and high fuel prices due to the regional conflict.
Disney's Pixar names Jonathan Garson president as Jim Morris steps back
Pixar Animation Studios announced on Wednesday that veteran Jonathan Garson will become president on January 4, replacing Jim Morris, who will step back from day-to-day leadership ahead of his eventual retirement.
DIP Holding places final IPO price
The final offer price for DIP Holding’s initial public offering (IPO) has been set at AED 1.12 per share following stronger investor demand.
Gulfood Manufacturing brings global industry leaders to Dubai
Food security, domestic production and supply chain resilience are taking centre stage in Dubai as Gulfood Manufacturing 2026 brings together manufacturers, technology providers and industry leaders from around the world.
ADNOC Gas signs five-year LNG supply agreement with TotalEnergies
ADNOC Gas and its subsidiaries on Tuesday announced a five-year liquefied natural gas (LNG) supply agreement with TotalEnergies for up to 1.6 million tonnes of LNG.
The UAE's Armed Forces will showcase their capabilities and combat readiness during the 11th Union Fortress military parade in Liwa City this December.
Frequent travellers to Dubai will benefit from five-year multiple-entry tourist visas and a host of other rewards, including discounts, gift cards and hotel room upgrades, under the newly launched 'Dubai Access Club' tourism initiative.
New traffic regulations in the UAE will introduce tighter rules on vehicle registration, electric scooter use and road safety from January 1, 2027.
