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...
World Economic Outlook 2022: Global Growth Downgraded
Global growth prospects have worsened significantly due to the combined effects of inflation, the war in Ukraine, and the lingering pandemic, the IMF announced...
Fiscal Monitor Report: Food and Energy Crisis
Countries are facing tough choices when dealing with the impact of rising inflation, lingering pandemic, and historically high debt levels, the IMF said in...
Global Financial Stability Report 2022 Soundbites
Global financial conditions have tightened notably and downside risks to the economic outlook have increased as a result of the war in Ukraine, the...
FDI Inflows into UAE Grew 3.9% in 2021 to AED 76...
Total FDI balance in the country exceeds AED 630 billion with a growth of 13.7%
The foreign direct investment (FDI) inflows to the UAE recorded...
UAE Ranked First Globally in 22 Indicators, Global Competitiveness Report
The UAE is one of the world's top 20 economies in terms of FDI. AIM 2022 will explore pivotal themes, including mainstreaming Environmental, Social...