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Economy Middle East

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World Governments Summit 2026: Record leadership attendance confirmed with over 35 heads of state, 150 governments, ...

Scheduled for February 3 to 5, 2026, the World Governments Summit will revolve around the theme “Shaping Future Governments,” boasting unprecedented international participation, the highest seen in the Summit’s history. According to Mohammad Al Gergawi, UAE Minister of Cabinet Affairs and Chairman of the World Governments Summit Organization, the Summit has significantly tran...


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Dubai Chambers, Illinois delegation discuss expanding trade and investment ties

Dubai Chambers explored ways to strengthen bilateral partnerships and expand trade and investment flows during a meeting with a high-level delegation from the US state of Illinois, led by Senator Seth Lewis, a member of the Illinois Senate. The meeting was attended by Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, who highlighted […]

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Abu Dhabi launches quality policy to enhance innovation, global economic competitiveness

Abu Dhabi Quality and Conformity Council (ADQCC) has introduced the Abu Dhabi Quality Policy as a strategic move that underscores the maturity of the emirate’s developmental path. This initiative supports the Government of Abu Dhabi’s objective to enhance the emirate’s reputation among the world’s foremost cities for quality of life, innovation, and economic competitiveness. ...


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ENEC signs MoU with Canadian institutions to advance nuclear innovation

The Emirates Nuclear Energy Company (ENEC) has signed a Memorandum of Understanding (MoU) with the Saskatchewan Research Council (SRC) and the Global Institute for Energy, Minerals and Society (GIEMS) of Canada to strengthen cooperation in nuclear research, development and capacity building. The MoU was signed on the sidelines of the World Future Energy Summit (WFES) […]

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Worldwide AI spending projected to hit $2.52 trillion by 2026, up 44 percent

Global investment in AI is anticipated to total $2.52 trillion in 2026, demonstrating a year-over-year rise of 44 percent, as reported by Gartner, Inc., a business and technology insights company.  John-David Lovelock, Distinguished VP Analyst at Gartner, suggested that AI adoption is fundamentally influenced by the readiness of human capital and organizational processes...


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