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.

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.

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

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.

UAE firms report surge in new orders in August

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.

Dubai and Abu Dhabi named top choices for executive digital nomads

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.

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

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.

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

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.

News from all categories

Markets

Non-oil activity records slowest growth rate in 3 years
Read article

Economy

UAE GDP growth for 2024 upwardly revised to 4%
Read article

Economy

UAE launches “Invest in the Emirates” initiative
Read article

Economy

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

Business

UAE firms report surge in new orders in August
Read article

Business

Dubai and Abu Dhabi named top choices for executive digital nomads
Read article

Economy

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

Business

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

Economy

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

Business

UAE non-oil business activity slowdown in July
Read article

Economy

Abu Dhabi’s GDP growth at 3.3% in Q1
Read article

Markets

UAE and Oman sign investment deals worth $35bn
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Markets

Residential real estate market in Dubai soars in Q2
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Economy

UAE tops GCC region in foreign capital inflows
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Economy

UAE’s real GDP to hit 4.1% in 2025, says World Bank
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Economy

UAE’s non-oil business activity growth falls in May
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Business

UAE signs trade agreement with South Korea
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Economy

UAE’s overall real GDP forecast to grow 4% in 2024: IMF
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Markets

UAE property market posts strong growth in Q1
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Economy

Training Emiratis is private firms’ responsibility, says senior official
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Economy

UAE minister cites “personal target” of 7% annual GDP growth
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Economy

UAE’s travel and tourism sector to contribute $64bn to GDP in 2024
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Business

Trademark registrations soar 64% in UAE in Q1
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Economy

World Bank hikes UAE's GDP growth forecast
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Economy

UAE consumer spending soars in 2023
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Economy

UAE cuts 2024 growth forecast
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Economy

Value of UAE assets abroad rises to $2.5 trillion
Read article

Markets

UAE and Brazil aim to boost $4.3bn trade relationship
Read article

Business

UAE businesses return to stronger growth path in February
Read article

Economy

GCC to outperform global economy in 2024
Read article

Stay on top of current economic and financial news in today’s fast-paced world and learn about trends that could play a significant role in your investment opportunities.

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