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News Updates

Find out the latest news on deVere Acuma Insurance Brokers L.L.C. featuring top financial and economic updates.

Markets

Non-oil activity records slowest growth rate in 3 years

Business activity in the UAE continued to grow in September, although the rate of output expansion in the non-oil private sector was the slowest in three years.

Economy

UAE GDP growth for 2024 upwardly revised to 4%

The UAE Central Bank has revised its forecast for the country's economic growth this year to 4%, up from the previous estimate of 3.9% in June, due to growth in the non-oil sector as the Emirates continues to pursue its diversification strategy.

Economy

UAE launches “Invest in the Emirates” initiative

The United Arab Emirates has launched its “Invest in the Emirates” campaign, extending an open invitation to the world's leading innovators, skilled professionals, and entrepreneurs to explore the vast and unique opportunities available within the country’s vibrant business ecosystem.

Economy

UAE’s GDP up 3.4% in Q1 to Dh430 billion

The UAE's real GDP reached Dh430 billion in the first quarter of 2024, marking a 3.4% increase compared to Q1 2023, as announced by Minister of Economy Abdulla bin Touq Al Marri.

Markets

Non-oil activity records slowest growth rate in 3 years

Business activity in the UAE continued to grow in September, although the rate of output expansion in the non-oil private sector was the slowest in three years.

Economy

UAE GDP growth for 2024 upwardly revised to 4%

The UAE Central Bank has revised its forecast for the country's economic growth this year to 4%, up from the previous estimate of 3.9% in June, due to growth in the non-oil sector as the Emirates continues to pursue its diversification strategy.

Economy

UAE launches “Invest in the Emirates” initiative

The United Arab Emirates has launched its “Invest in the Emirates” campaign, extending an open invitation to the world's leading innovators, skilled professionals, and entrepreneurs to explore the vast and unique opportunities available within the country’s vibrant business ecosystem.

Economy

UAE’s GDP up 3.4% in Q1 to Dh430 billion

The UAE's real GDP reached Dh430 billion in the first quarter of 2024, marking a 3.4% increase compared to Q1 2023, as announced by Minister of Economy Abdulla bin Touq Al Marri.

Business

UAE firms report surge in new orders in August

In August, businesses in the UAE saw new orders surge at the fastest rate since March, overcoming any slowdown typically experienced during the peak summer months.

Business

Dubai and Abu Dhabi named top choices for executive digital nomads

Dubai and Abu Dhabi have secured the top two positions on Savills Executive Nomad Index, owing to the country's modern infrastructure and high quality of life.

Economy

UAE’s non-oil foreign trade hits record $381bn in H1

The UAE's non-oil foreign trade reached an all-time high of Dh1.4 trillion ($381.5 billion) in the first half of this year, reflecting the ongoing efforts of the Arab world’s second-largest economy to diversify and strengthen trade relations globally.

Business

DWTCA Free Zone unveils 19% rise in new business registrations in H1

The Dubai World Trade Center Authority (DWTCA) Free Zone released its half-year results on Monday, highlighting a notable rise in both company registrations and direct job creation within the free zone.

Economy

UAE still Gulf’s fastest-growing economy in 2024/25

The UAE is set to continue as the Gulf's leading economy this year and next, experiencing strong growth despite a slower beginning in early 2024.

Business

UAE non-oil business activity slowdown in July

Non-oil business activity in the UAE grew at its slowest pace in nearly three years in July, a result of competitive conditions, rising price pressures, and capacity overloads negatively impacting performance,

Economy

Abu Dhabi’s GDP growth at 3.3% in Q1

Abu Dhabi’s GDP grew by 3.3% year-on-year in Q1 2024, largely due to the expansion of non-oil economic activities.

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Media contact

deVere Acuma’s Public Relations Department deals with all areas of the media and external communications including international, national, regional, local, trade, consumer, print, broadcast, social and online. The Department aims to provide a helpful service to journalists, broadcasters and editors, amongst others, and reply to all media enquiries, including urgent enquiries out of hours, within agreed deadlines. Our press office does not have access to client details and will not be able to assist with individual client enquiries. Please contact deVere Acuma’s Head of Media and Public Relations for deVere Group on [email protected] or call +971 2071220925