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BUSINESS

BUSINESS latest

Record UAE Tourism Delivers $70bn to Economy in 2025
December 23rd, 2025 - 03:52 GMT

Record UAE Tourism Delivers $70bn to Economy in 2025

The UAE’s tourism sector continues to deliver record-breaking performance, reinforcing its role as a major driver of economic growth and diversification. Tourism now accounts for roughly 14% of the UAE’s GDP, contributing an estimated USD $70 billion in 2025. Visitor demand remains robust. Hotel guest volumes rose by nearly 5% year-on-year to around 23 million in the first nine months of 2025, a new record, while occupancy rates held steady at approximately 80%, highlighting sustained demand despite global economic uncertainty. According to Farhan Badami, Market Analyst at eToro, the strength ...
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Four Seasons and ALAIN Announce New Standalone Beachfront Private Residences in Abu Dhabi
July 30th, 2025 - 06:14 GMT

Four Seasons and ALAIN Announce New Standalone Beachfront Private Residences in Abu Dhabi

Innovation Crew Transforms Emirates Palace in 48 Hours for BRABUS Island Launch
July 30th, 2025 - 06:02 GMT

Innovation Crew Transforms Emirates Palace in 48 Hours for BRABUS Island Launch

 EazyPay brings Mastercard Receivables Manager to Bahrain to streamline B2B virtual card payments
July 29th, 2025 - 01:10 GMT

EazyPay brings Mastercard Receivables Manager to Bahrain to streamline B2B virtual card payments

Burgan Bank Joins Regional Sustainability Leaders with Inclusion in FTSE4Good Index Series
July 29th, 2025 - 01:02 GMT

Burgan Bank Joins Regional Sustainability Leaders with Inclusion in FTSE4Good Index Series

Boursa Kuwait sees a 61.12% surge in its net profit for the first half of 2025
July 29th, 2025 - 12:04 GMT

Boursa Kuwait sees a 61.12% surge in its net profit for the first half of 2025

LG Unveils Exclusive Summer Savings to Elevate Every Moment of the Season
July 29th, 2025 - 11:10 GMT

LG Unveils Exclusive Summer Savings to Elevate Every Moment of the Season

Difficult end to a strong Season 11 for Nissan Formula E Team in London
July 29th, 2025 - 11:06 GMT

Difficult end to a strong Season 11 for Nissan Formula E Team in London

ASUS Accelerates Smarter Technology Adoption with AI-Powered Innovations
July 29th, 2025 - 10:21 GMT

ASUS Accelerates Smarter Technology Adoption with AI-Powered Innovations

NTT DATA and Mistral AI to Shape Future of Sustainable and Secure Private AI for Enterprises
July 29th, 2025 - 09:14 GMT

NTT DATA and Mistral AI to Shape Future of Sustainable and Secure Private AI for Enterprises

Experience a quantum leap in mobile AI experiences, with Galaxy Z Fold7 and Galaxy Z Flip7 – and win attractive prizes
July 29th, 2025 - 07:25 GMT

Experience a quantum leap in mobile AI experiences, with Galaxy Z Fold7 and Galaxy Z Flip7 – and win attractive prizes

Chevrolet Unveils the All-New 2026 Cruze to the Middle East
July 29th, 2025 - 07:21 GMT

Chevrolet Unveils the All-New 2026 Cruze to the Middle East

DIB Executes the First Islamic Finance Deal with Turkish Airlines
July 29th, 2025 - 07:19 GMT

DIB Executes the First Islamic Finance Deal with Turkish Airlines

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