Business Extra

Business Extra

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The $2.2 trillion question: What if the Iran War never happened?

The financial cost of the Iran war is becoming clearer as according to the latest study by the Institute for Economics and Peace, the conflict is costing the global economy $2.2 trillion in annual GDP. The US alone had spent $25 billion within two months of the war beginning, and ...  Afficher plus

World Cup economics: Ticket prices, tourism and visa restrictions

The 2026 Fifa World Cup was supposed to be a record-breaking economic windfall for the United States. But as the tournament gets under way, the numbers reveal a more complicated story. Top-tier tickets for the final are going for more than $10,000, nearly seven times what the co- ...  Afficher plus

Why so few UAE SMEs become major companies

Small and middle-sized companies (SMEs) make up more than 95 per cent of businesses in the UAE and contribute more than 60 per cent of the country’s non-oil GDP. But despite that, the UAE still has relatively few SMEs growing up to become large private companies. Founders have be ...  Afficher plus

Syria’s investment boom: Real opportunity or political mirage?

Syria is becoming part of the economic conversation again. Over the past few weeks, there has been a lot of talk about investment and reconstruction, from the first Syrian-Emirati Investment Forum to upcoming business events in Damascus for the private sector in early June, and e ...  Afficher plus

Is the UAE's exit the beginning of the end for Opec?

The UAE's decision to leave Opec is the biggest exit the organisation has faced since 1960. As the group's third-largest producer and one of the few members with real spare capacity, the departure of the Emirates raises urgent questions about the future of global oil markets and ...  Afficher plus