Economy

Trade and economic relations between the UAE and Oman are poised to strengthen further following the signing of investment deals totalling 129 billion dirhams ($35.12 billion).

posted on 17.10.2024

Economy

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.

posted on 26.09.2024

Economy

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.

posted on 17.09.2024

Economy

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.

posted on 10.09.2024

Economy

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.

posted on 26.08.2024

Economy

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.

posted on 12.08.2024

Economy

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

posted on 18.07.2024

Economy

The UAE led the GCC region with foreign capital net inflows of $680.4 million last month, following a downward trajectory the month before, driven by heightening tensions in the Middle East and the challenging global economic climate.

posted on 20.06.2024

Economy

 The latest Global Economic Prospects report from the World Bank forecasts that the UAE's real GDP will increase by 3.9% in 2024 and further expand to 4.1% in 2025.

posted on 12.06.2024

Economy

According to a survey released on Wednesday, the rate of business activity growth in the UAE's non-oil sector slowed to a 16-month low in May as firms dealt with disruptions caused by April's record flooding

posted on 05.06.2024

Economy

The United Arab Emirates is experiencing robust economic growth, with overall real GDP forecast to grow around 4% in 2024, surpassing previous estimates, reports the International Monetary Fund (IMF).

posted on 22.05.2024