September 6, 2025

New fuel rates in the UAE are taking effect this month: petrol prices have risen modestly by 1 fils, while diesel costs decreased by 12 fils per litre compared to August. This pricing shift, reflecting global oil market fluctuations, is expected to offer some relief to transportation and logistics sectors amid broad phase-in of cost adjustments.  Source: The […]

GCC Secretary-General Jasem Albudaiwi revealed that Gulf economies are currently outperforming global norms. The labour market has expanded significantly, with the workforce growing from 27.9 million in 2020 to 34.9 million in 2024—a 24.8% increment. Looking ahead, the IMF projects GCC growth at 4.1% in 2026, driven largely by robust non-oil sector momentum.  Source: Asharq Al-Awsat

The Central Bank of the UAE boosted its gold reserves by nearly 26% in the first five months of 2025, increasing the total to $7.9 billion—up from $6.255 billion at the end of 2024. That stockpiling reflects investor demand for stability amid geopolitical and economic turbulence. Meanwhile, gold trading in the UAE has picked up: the price of 22-karat

Fintech transformation in the Gulf is gaining momentum, with blockchain and crypto increasingly embedded within regional financial systems. This shift is driven by economic reform efforts and a push for financial autonomy, with blockchain adoption rising at an annual rate near 70%.  Source: Carnegie Endowment