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.
Dubizzle delays planned IPO on Dubai Financial Market
Digital classifieds leader Dubizzle Holdings has postponed its planned initial public offering (IPO) on the Dubai Financial Market.
Marjan, RAK Hospitality Holding announce landmark merger
A major strategic merger is set to reshape the future of development and tourism in Ras Al Khaimah.
UAE unveils plan to build next generation of Emirati family entrepreneurs
A new national initiative is set to train 1,000 Emirati entrepreneurial families across the UAE in business and project management.
India proposes strict rules to label AI content citing growing risks
India's government on Wednesday proposed that artificial intelligence and social media firms should clearly label AI-generated content to tackle the spread of deepfake and misinformation, prompted by similar moves by the European Union and China.
Sharjah Airport handles more than 5 million passengers in Q3
The number of passengers using Sharjah Airport between July and September of 2025 grew by 16.7 per cent compared to the same period in 2024, reaching 5,127,120.
