INSIGHTS

World’s top billionaires bet on Dubai over Silicon Valley

Why some of the world’s top billionaires bet on Dubai over Silicon Valley
Dubai emerges as a global hub for billionaires, innovation, and next-gen wealth trends
At Dubai Marina Beach, boats and yachts glide smoothly through the crystal-clear waters, offering a perfect setting for a leisurely cruise.

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Gulf Markets Stay Watchful Ahead of Fed Rate Cut Decision

Gulf Markets Stay Watchful Ahead of Fed Rate Cut Decision
Gulf stock markets kicked off the week with mixed moves as investors held their breath for the Federal Reserve’s rate verdict, with a widely expected US rate cut set to send shockwaves through the region’s linked financial systems.

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uae tourism sector grow

UAE tourism sector to contribute over $64bn

The UAE’s tourism sector is projected to create 833,000 jobs by 2025. According to Economy Minister Al Marri, tourism is expected to contribute over $64 billion to the country’s GDP this year. The tourism sector is anticipated to account for 12 percent of the UAE’s GDP in 2025.

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Emaar gets a credit rating boost after upgrade from both S&P and Moody’s

Emaar gets a credit rating boost

Emaar gets a credit rating boost after an upgrade from both S&P and Moody’s. S&P Global Ratings upgrades Emaar to BBB+ with Stable Outlook; Moody’s upgrades its rating to Baa1 with Stable Outlook.

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