Business
The international financial community maintains a highly positive outlook on the economic trajectory of the United Arab Emirates. Recent macroeconomic assessments published by the World Bank Group indicate that the sovereign state will experience robust expansion over the next two
Economic growth across developing Asia and the Pacific will moderate to 5.0% in 2026 from 5.5% in 2025. The Asian Development Bank raised its 2026 forecast by 0.1 percentage point from its July estimate. Growth should edge up to 5.1%
Remittances from Egyptians working abroad totaled about $29.7 billion from January through July 2026. The Central Bank of Egypt said the figure rose 28.1% from about $23.2 billion a year earlier. The seven-month increase added roughly $6.5 billion compared with
Bullion faced renewed selling pressure across international trading desks as global commodity markets digested a quarter-point interest rate hike by the U.S. Federal Reserve. Spot gold declined 1 percent to $4,249 per ounce, hitting multi-session lows under the weight of
Travel
Dubai-based flag carrier Emirates has entered the northern winter travel period with robust forward booking metrics across its international network, outpacing initial corporate projections. The performance follows a high-density summer operational cycle during which the airline transported more than 8.6
Indonesia reopened Jakarta’s main airport and several regional airports Tuesday after volcanic ash from Anak Krakatau disrupted air travel. More than 340,000 travelers faced delays, cancellations or diversions during the disruption. Nearly 3,000 flights across Indonesia felt the impact. Authorities
Low-cost carrier operator Air Arabia announced a strategic expansion of its Southeast Asian operations on Friday, increasing flight frequencies between the United Arab Emirates and Thailand. Starting October 25, 2026, the airline will introduce a fourth daily non-stop service connecting
Foreign tourist arrivals in South Korea exceeded 2 million in July 2026 as inbound travel continued above pre-pandemic levels. The country received 2,093,223 foreign visitors during the month, according to the Korea Tourism Organization. That total rose 20.8% from 1,733,199
Air Arabia will launch nonstop flights between Sharjah and Gdansk on Dec. 14, 2026. The new route will link Sharjah International Airport with Gdansk Lech Walesa Airport five times each week. Flights will operate on Mondays, Wednesdays, Fridays, Saturdays and