Blog Articles

HSBC Reaffirms Confidence in GCC

Dubai: HSBC remains confident in the long-term prospects of Gulf economies despite escalating conflict across the Middle East, Group Chief Executive Georges Elhedery said in a statement to Gulf News on Monday. “Our thoughts are with all those affected by current events,” Elhedery said. “HSBC remains steadfast in our confidence

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How the UAE Demonstrates Unwavering Economic Resilience Amid Regional Challenges

The UAE has once again demonstrated its strength as a globally trusted hub for trade and commerce, maintaining economic stability despite regional uncertainties. The country’s leadership has consistently demonstrated a remarkable ability to anticipate challenges and implement forward-looking policies. The UAE’s commitment to public welfare, inclusive growth, and long-term stability

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Saudi Arabia’s Non-Oil Sector Maintains Strong Growth in January

Saudi Arabia’s non-oil economy demonstrated continued strength at the start of 2026, with business activity expanding at a solid pace throughout January, according to the latest Riyadh Bank Purchasing Managers’ Index report from S&P Global. The Kingdom’s PMI registered 56.3 in January, slightly down from December’s 57.4 but still well

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UAE’s Non-Oil Foreign Trade Surpasses Dh3.8 Trillion Mark

The United Arab Emirates has achieved a historic economic milestone as its non-oil foreign trade exceeded one trillion dollars (Dh3.8 trillion) for the first time ever. The announcement came from Sheikh Mohammed bin Rashid Al Maktoum on Saturday, January 31, revealing a remarkable 26 percent surge compared to the previous

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