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          Economy

          Britain's Prime Minister Keir Starmer and Chancellor of the Exchequer Rachel Reeves. AFP

          Gamble with UK economic growth is not paying off

          EconomyJanuary 01, 2025
          Abu Dhabi is working to diversify its economy away from hydrocarbons and expand its non-oil sector. Victor Besa / The national

          Abu Dhabi economy jumps 4.5% in third quarter on non-oil sector boost

          EconomyDecember 31, 2024
          People buy food outside a market at Eminonu commercial area in Istanbul. Turkey raised fuel taxes by 6 per cent to address its widening fiscal deficit and stabilise the country's finances without affecting the 2025 inflation goal. AP

          How will Turkey's 6% fuel tax rise impact inflation?

          EconomyDecember 31, 2024
          The survey findings show an increase in optimism among UK businesses, despite disappointing recent economic data. Matthew Davies / The National

          UK industry to invest more in AI and automation tech in 2025

          EconomyDecember 30, 2024
          Downtown Dubai. The UAE recorded 'unprecedented' tourism activity in the first six months of 2024, officials said. Antonie Robertson/The National

          UAE economy grows 3.6% in the first half of 2024 on non-oil boost

          EconomyDecember 30, 2024
          Manmohan Singh, who served as India's prime minister for 10 years, is a post-Cold War historical figure. Reuters

          Manmohan Singh: a post-Cold War historical figure

          CommentDecember 30, 2024
          Indians buy vegetables at a market near Mumbai. India's growing middle class, structural reforms and investments are supporting growth. EPA

          Asian countries set to propel world economy to double in size to $221 trillion by 2039

          EconomyDecember 26, 2024
          Egyptian Prime Minister Mostafa Madbouly announced a megaproject on Egypt's Mediterranean Coast in partnership with the private sector on July 1. Photo: Egypt's Cabinet

          Egypt commits to boosting private sector role as it loses $7bn in Suez Canal revenue this year

          EconomyDecember 26, 2024
          Alia Al Mazrouei, Minister of State for Entrepreneurship, spoke to The National. Victor Besa / The National

          Minister urges Emiratis to 'think big' to drive entrepreneurial vision

          UAEDecember 26, 2024
          A simple meal of beans, scrambled eggs and bread. The UAE this week has set out new measures to bolster price controls on staple foods. The National

          The UAE is keeping a check on food prices

          EditorialDecember 26, 2024
          Traffic flows on a main road past electricity transmission towers in Tehran. Iran has been struggling to cope with increased energy demand during the winter months. AFP

          Lights off in Iran: What caused the power crisis and what comes next?

          EconomyDecember 25, 2024
          Allocating investments across global markets helps mitigate risks associated with regional downturns. Reuters

          How to build a resilient investment portfolio amid global geopolitical shifts

          MoneyDecember 25, 2024
          The Ministry of Economy on Tuesday unveiled federal decrees to come into effect on January 2. EPA

          UAE clamps down on price rises for staples such as rice and eggs

          UAEDecember 24, 2024
          In terms of sectors, infrastructure accounts for 41 per cent of Sharjah's 2025 budget. Getty Images

          Sharjah Ruler approves 'largest-ever' budget with $11.4bn spending

          EconomyDecember 23, 2024
          The Samsung booth at the 2024 CES event in Las Vegas, Nevada, US, on Wednesday, Jan. 10, 2024. The event typically doubles as a preview of how tech giants and startups will market their wares in the coming year and if early announcements are any indication, AI-branded products will become the new "smart" gadgets of 2024. Photographer: Bridget Bennett / Bloomberg

          Samsung awarded $4.8bn incentive to help boost US production under Chips Act

          TechnologyDecember 21, 2024
          A building damaged by a missile attack in Kyiv. Russia’s war in Ukraine continues to take a 'devastating' social and economic toll, the IMF says. AFP

          IMF approves $1.1bn disbursement for Ukraine

          EconomyDecember 21, 2024