UAE and Japan discussing Comprehensive Economic Partnership Agreement
Politics & Economics
Donald Trump
Protesters in cities across the US rally against Trump’s policies, Project 2025 and Elon Musk
The protests were a result of a movement that has been organised online under the hashtags #buildtheresistance and #50501, which stands for 50 protests, 50 states
Sheikh Mohammed
UAE foreign trade hit record $817bn in 2024: Sheikh Mohammed
Foreign trade with the UAE has a record year in 2024 with the country massively outperforming global trends
dubai chamber of commerce
UAE-Kuwait trade hit $13.5bn in 2024
Trade between the UAE and Kuwait is flourishing as the Gulf nations look to boost ties
Bitcoin
Bitcoin price rebounds to cross $100,000 amid lingering fears of major crypto market upheaval
Ethereum rebounded from $2,451 on Monday to $2,799 on Tuesday, marking a significant recovery for the major cryptocurrency
Cybersecurity
UAE Cabinet launches cybersecurity strategy, review Dubai to Abu Dhabi train project, establish logistics council introduce innovation month
The UAE Cabinet reviewed and launched major projects at weekly meeting
Dubai Chambers
Dubai International Chamber attracted 207 new companies last year and supported 114 local firms with international expansion
Dubai International Chamber recorded 55 per cent uplift in MNCs coming to the emirate
amnesty fines
UAE to deport 6,000 visa violators after extended amnesty
UAE inspections lead to mass arrests following an extended grace period for visa violators
Dollar
India’s rupee plunges past 87 against USD as Trump tariffs wreck markets
Asian currencies and equities also slumped as a result of the tariffs, which have sparked fears of a trade war
Donald Trump
Trump’s tariffs on Canada, Mexico, China rattle Asian and Indian markets
Equity indexes also looked headed for steep drops globally, based on futures prices for the US S&P 500 and pan-European STOXX 50
High Net Worth Individuals
Middle-class Britons join wealth exodus to UAE amid UK economic uncertainty
The migration wave comes as Britain grapples with multiple challenges, including the planned abolition of non-dom tax status and broader economic uncertainty
Saudi non-oil trade with GCC partners hit $2.5bn in November
Saudi trade with GCC countries soared by 43 per cent last year as UAE is top partner
Abu Dhabi
Side hustles in Dubai; UAE petrol prices; Saudi job localisation; Habtoor cancels Lebanon investments – 10 things you missed this week
UAE petrol prices, Dubai real estate analysis, Saudi job updates, how to get a side hustle and more top stories this week
GaStat
Saudi GDP up to 2-year high of 4.4% in Q4 2024
Saudi Arabia’s GDP reached the highest growth rate in the past two years in Q4 2024
Abraham Accords
Analysis: Early days of Trump 2.0 signal major Middle East policy shift to transactional diplomacy
Experts weigh prospects for Trump’s deal-making approach as allies grapple with controversial Gaza plans and Iran stance
Boston Consulting Group
GCC trade to grow at almost double the pace of global trade through 2033
Boston Consulting Group report predicts 5.5 per cent annual growth for GCC nations as against 2.9 per cent for global trade