UAE GDP Grows 3.8% in First Nine Months of 2024
UAE GDP Growth Strengthens as Non-Oil Sectors Expand
The UAE GDP recorded a 3.8% growth in the first nine months of 2024, reaching AED 1.322...
Standard Chartered: GCC to Stay Economically Resilient in 2025
Standard Chartered announced today its Global Market Outlook for 2025. In its report, the Bank highlighted the Gulf Cooperation Council (GCC) is expected to...
UAE PMI Hits Nine-Month High in December, Signaling Robust Growth
The UAE's non-oil private sector closed 2024 on a high note as the Purchasing Managers’ Index (PMI) reached 55.4 in December, its highest in...
Economic Outlook for 2025: Key Trends and Challenges
The global economic outlook for 2025 is marked by rising challenges, including economic fragmentation, escalating debt, and heightened political uncertainty. These insights are drawn...
Dubai Secures 437 Global Business Events for 2024 to Boost Economic...
City to welcome over 210,000 delegates in upcoming corporate, association events and incentive groups, thanks to bid wins driven by Dubai Business Events (DBE)
20%...
UAE GDP Grows By 3.6% in The First Half of 2024
Non-oil economic activities recorded positive results in the first half of 2024, the most notable of which are:
Transport and storage activities have emerged as...
Ministry of Economy Reviews New Competition Law to Boost Regulatory Frameworks
The Ministry of Economy organized a media briefing to review the Federal Decree-Law No. 36 of 2023 on competition regulation, which aims to promote...
Non-oil Activities Reached 50% of Saudi Arabia’s Real GDP in 2023
Non-oil activities in the Kingdom recorded their highest contribution to the Real GDP during the year 2023 at 50%, which is the highest historical...
FAB: GCC Will Outperform Global Economy in 2024
Group’s Global Investment Outlook 2024 report recommends investors diversify asset allocation, points to opportunities in MENA ESG investing.
The economies of the UAE and Gulf...
More Economic Uncertainty on the Horizon
More than half (56%) of chief economists expect the global economy to weaken in 2024, with seven in 10 saying pace of geoeconomic fragmentation...
GCC Economies Witnessing a Golden Age of Progress and Growth
Regional economies are undergoing a positive cycle of improving competitiveness and growth amid higher oil revenues and economic reforms, Majid Jafar tells Davos
Region’s digital...
UAE Trust Barometer: Unshakeable
UAE ranked third most trusted country in the world, and all four institutions (government, business, NGOs, and media) retain significant trust levels
Strong trust in...
UAE’s Strong Economy to Pull in More Foreign Investments in Coming...
Country’s efforts to diversify economy yielding significant dividends.
Robust investment flows to the UAE are expected in the coming years on the back of the...
53% Of Online Shopping To Be Done By Digital Wallets By...
Mobile/digital wallets have become a mainstay of online payments within a short period of time. According to the numbers presented by SafeBettingSites.com, mobile/digital wallets will...
IMF Fiscal Monitor: Global Economy Slowing Down
The global economy is slowing amid continued tight financing conditions, announced Vitor Gaspar, Director of the Fiscal Affairs Department at the IMF today (Wednesday,...
UAE Reports Impressive Economic Growth in 2022 So Far
During a UAE Cabinet meeting held at Qasr Al Watan Abu Dhabi, UAE rules revealed the economic progress of the country as reported by the...
First Global GovTech Platform Launched
More than half of governments globally seek to improve resilience and agility by modernizing core legacy applications.
The interactive data platform provides advanced analytics and...
World Economic Forum Unveils Virtual Global Collaboration
The Forum today unveils a major initiative at the Annual Meeting 2022 in Davos to harness the power of the metaverse to grow and...
