Dubai Desk

Dubai Desk

The Dubai Desk reports on major developments across the UAE, covering news, culture, business, and social trends shaping the region.

TikTok adds $1bn to Saudi GDP, supports 25,000 jobs in 2024
Top Stories

TikTok adds $1bn to Saudi GDP, supports 25,000 jobs in 2024

TikTok reported more than one million active creators and 170,000 SMBs on its platform in the Kingdom.

Nearly 90% of Chinese firms plan Middle East expansion, PwC finds
UAE

Nearly 90% of Chinese firms plan Middle East expansion, PwC finds

UAE and Saudi Arabia rank as the most attractive destinations.

Oil prices edge higher ahead of OPEC+ meeting and U.S. pressure on Russia
Markets

Oil prices edge higher ahead of OPEC+ meeting and U.S. pressure on Russia

The OPEC+ alliance is scheduled to decide October production policy at its upcoming meeting, and most analysts expect output levels to remain unchanged.

Gold surpasses $3,500 for the first time on Fed rate-cut bets
Markets

Gold surpasses $3,500 for the first time on Fed rate-cut bets

Gold has long been viewed as a safe-haven asset during times of political and economic uncertainty, and it typically benefits from lower interest rates.

Saudi Arabia to add 600,000 sqm of lifestyle retail by 2027
Top Stories

Saudi Arabia to add 600,000 sqm of lifestyle retail by 2027

The surge reflects shifting consumer preferences and Saudi Arabia’s growing profile as a global retail destination.

Egypt’s Orascom Construction to list on Abu Dhabi Securities Exchange next month
UAE

Egypt’s Orascom Construction to list on Abu Dhabi Securities Exchange next month

The company confirmed its shares will trade under the symbol ORAS on ADX, while its secondary listing on the Egyptian Exchange (EGX) will remain unchanged.

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