Economy

UAE to lead Middle East and Africa in GDP growth for second straight year in 2025

The UAE is set to spearhead economic growth in the Middle East and Africa for the second year in a row in 2025, with an anticipated $15 billion (Dh55 billion) in portfolio inflows,

Economy

Abu Dhabi unveils $3.6 billion housing benefits for citizens in 2024

Housing benefits totalling AED13.2 billion ($3.6 billion) were distributed in 2024 to 8,891 citizens across Abu Dhabi under the directives of President HH Sheikh Mohamed bin Zayed Al Nahyan, in his role as Ruler of Abu Dhabi.

Economy

UAE non-oil economy set to grow 4.7% in 2024

​​​​​​​The UAE's non-oil economy is expected to expand by 4.7% in 2024, driven by economic diversification and fiscal surpluses that help address global challenges,

Economy

UAE to lead Middle East and Africa in GDP growth for second straight year in 2025

The UAE is set to spearhead economic growth in the Middle East and Africa for the second year in a row in 2025, with an anticipated $15 billion (Dh55 billion) in portfolio inflows,

Economy

Abu Dhabi unveils $3.6 billion housing benefits for citizens in 2024

Housing benefits totalling AED13.2 billion ($3.6 billion) were distributed in 2024 to 8,891 citizens across Abu Dhabi under the directives of President HH Sheikh Mohamed bin Zayed Al Nahyan, in his role as Ruler of Abu Dhabi.

Economy

UAE non-oil economy set to grow 4.7% in 2024

​​​​​​​The UAE's non-oil economy is expected to expand by 4.7% in 2024, driven by economic diversification and fiscal surpluses that help address global challenges,

Economy

Dubai government unveils $74bn budget for 2025-2027

Dubai has announced its largest government budget for 2025-2027, allocating Dh272 billion ($74 billion) to support the emirate's long-term economic strategy.

Economy

UAE and Oman sign $35bn investment deals

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).

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.

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.

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.

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.

Dubai government unveils $74bn budget for 2025-2027

Economy

Dubai government unveils $74bn budget for 2025-2027

Dubai has announced its largest government budget for 2025-2027, allocating Dh272 billion ($74 billion) to support the emirate's long-term economic strategy.

UAE and Oman sign $35bn investment deals

Economy

UAE and Oman sign $35bn investment deals

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).

UAE GDP growth for 2024 upwardly revised to 4%

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.

UAE launches “Invest in the Emirates” initiative

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.

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.

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