The global economy has proved more resilient than expected in the face of the energy supply shock triggered by the conflict in the Gulf, with global growth for 2026 holding at around 3%, International Monetary Fund Managing Director Kristalina Georgieva said.
The World Travel & Tourism Council (WTTC) says $12.5 trillion in travel and tourism investment across major economies will shape competitiveness and growth through 2035, with capital investment expected to grow 4.6% annually, stressing the need to align spending with demand.
The Kingdom of Saudi Arabia has achieved a global milestone in the digitisation of capital markets with the successful execution of the world’s first sovereign-native tokenised property title deed transfer. This infrastructure reduces property settlement times from days to mere seconds.
UAE believes that open rules-based trade remains an essential driver of long-term development for nations across the world, Foreign Trade Minister Dr Thani bin Ahmed Al Zeyoudi said during the G20 Trade and Investment Ministerial Meeting (TIMM) in Gqeberha, South Africa.