The UAE's non-oil private sector has experienced fluctuating growth in recent months, as indicated by Purchasing Managers' Index (PMI) reports. While demand generally remains strong, competitive pressures and global tariff concerns have introduced periods of slower expansion, alongside robust activity and increased hiring in other instances. Navigating the Economic Landscape: UAE's Non-Oil Sector in...

Deutsche Bank has announced the re-hiring of Majed Julfar to lead its operations in the United Arab Emirates, a move signaling the German lender's strategic focus on expanding its presence in key international markets. Julfar will also assume leadership for corporate coverage across the Middle East and Africa. A Strategic Return to Leadership Majed Julfar's appointment marks a significant development for...

The United Arab Emirates (UAE) is actively enhancing its business environment, making it increasingly attractive for entrepreneurs and investors. Recent initiatives focus on streamlining company formation processes, offering significant financial incentives, and providing world-class infrastructure. This strategic approach aims to solidify the UAE's position as a global hub for business and...

The United Arab Emirates (UAE) is rapidly expanding its economic influence across Africa, Asia, and Europe, driven by a strategic diversification away from fossil fuels. This global push involves significant investments in key sectors such as renewable energy, infrastructure, logistics, and advanced technology, solidifying the UAE's position as a major international economic player. UAE's Strategic Global...

The Al Habtoor Group, a prominent Dubai-based conglomerate, is set to dispatch a business delegation to Syria. This strategic move aims to explore new investment and partnership opportunities across various sectors, including automotive, education, hospitality, publishing, and real estate. The initiative follows the recent lifting of most economic sanctions on Syria by the United States and the European...

The United Arab Emirates is rapidly solidifying its position as a global leader in artificial intelligence, marked by substantial investments, groundbreaking technological advancements, and a strategic vision for a knowledge-based economy. This surge is evident across various sectors, from enterprise adoption to public access and international collaborations. UAE's AI Dominance: A Regional and Global...

Former President Donald Trump's recent Middle East tour, encompassing Saudi Arabia, Qatar, and the UAE, has been marked by significant business deals and a lavish reception. However, the trip has also ignited controversy due to the Trump family's deepening financial ties in the region, particularly a $2 billion cryptocurrency deal involving an Abu Dhabi-backed firm. Trump's Middle East Tour: A Whirlwind of...

UAE's non-oil private sector experienced fluctuating growth in early 2025, culminating in a significant slowdown in May. Despite robust demand earlier in the year, competitive pressures and the impact of U.S. tariffs contributed to the weakest growth rate in nearly four years, raising concerns about future momentum. Shifting Economic Tides: UAE Non-Oil Sector Faces Headwinds The UAE's non-oil private...

Deutsche Bank has announced the appointment of Majed Julfar as the new Chief Country Officer for the UAE, signaling a reinforced commitment to its regional operations. This strategic move underscores the bank's focus on expanding its presence and services within the dynamic Middle Eastern market, particularly in the UAE, a key financial hub. Deutsche Bank's Strategic Expansion in the UAE Deutsche Bank's...

Elon University Business Fellows recently embarked on an eye-opening Winter Term trip to the United Arab Emirates, exploring Dubai and Abu Dhabi. This immersive experience provided students with unique insights into the region's strategic investments, innovative spirit, and the profound role of relationship-driven business practices in its burgeoning global economic influence. Unveiling the UAE's Economic...