Author: Arabian Media staff
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Image credit: Supplied Ras Al Khaimah Tourism Development Authority (RAKTDA) has announced a solid performance for the first half of 2025, setting a new standard with over 654,000 visitor arrivals, marking a 6 per cent year-on-year increase, and a 9 per cent rise in tourism revenues. This strong growth highlights Ras Al Khaimah’s expanding appeal as a premier travel destination and reflects the effectiveness of RAKTDA’s strategy to broaden connectivity, diversify tourism offerings, and deepen engagement with key international markets. Read-UAE: RAK’s residential supply set to double by 2030 Key highlights from the first six months include: 654,000 visitor arrivals,…
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Image: RTA/ X Dubai’s Roads and Transport Authority (RTA) has completed traffic works at 10 school-zone sites benefiting 27 schools across the emirate during the summer of 2025, as part of its strategy to improve safety and ease congestion around educational institutions. The upgrades, carried out during the summer break to minimise disruption, covered school areas in Al Warqa 1, 3 and 4, Al Safa 1, Al Barsha 1, Al Garhoud, Al Mizhar 1 and 4, Al Qusais and Al Barsha South. Dubai school zone upgrades include road widening Works included widening roads near the Al Warqa schools complex, adding…
Image courtesy: WAM The UAE and Angola signed a comprehensive economic partnership agreement (CEPA) during a state visit by UAE President Sheikh Mohamed bin Zayed Al Nahyan, in a move aimed at expanding trade and investment ties between the two countries. The agreement was exchanged in the presence of Sheikh Mohamed and Angolan President João Manuel Lourenço. UAE Minister of Foreign Trade Dr Thani bin Ahmed Al Zeyoudi and Angola’s Minister of Industry and Commerce Rui Miguêns de Oliveira signed on behalf of their governments, state news agency WAM reported. Sheikh Mohamed said the CEPA would stimulate trade flows, expand…
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Many economists do incredible jobs, and some have made contributions to financial theory that crossed over into many aspects of social history. These are ten such economists and their impact on society. Key Takeaways Throughout history, several economists have contributed greatly to the field of economics and in such a manner that changed society.Arguably the most prominent is Adam Smith, a political economist during the Scottish Enlightenment best known for “The Theory of Moral Sentiments” and “The Wealth of Nations.”David Ricardo is another well-known economist; he was a member of the British Parliament and argued that nations should specialize for…
The dollar is the official currency of five U.S. territories, along with 11 foreign countries, territories, and municipalities around the world. It’s also the quasi-official currency of several other nations that, in addition to their local currency, commonly accept U.S. dollars. In addition to being the world’s most commonly used currency, the dollar is also the world’s reserve currency. This means it’s held in large quantities by central banks around the globe. Sometimes known as the greenback, the U.S. dollar is also one of the most commonly traded currencies on the foreign exchange market. Key Takeaways The first Federal Reserve…