Economy

India rises to top FDI spot in Dubai with $3 billion investment

India's foreign direct investment in Dubai exceeded $3 billion in 2024, positioning it as the top investor, according to the latest data.

Economy

Dubai Internet City fuels growth: $27 billion boost to emirate’s economy

Dubai Internet City has contributed AED 100 billion ($27.2 billion) to Dubai’s GDP over the past 15 years, according to an impact study conducted in collaboration with Accenture and insights from key figures in the information and communications technology (ICT) sector.

Economy

Dubai welcomes over 18m international tourists in 2024

Dubai saw a record 18.72 million international overnight visitors in 2024, reflecting a 9% increase compared to the previous year, according to the latest data

Economy

India rises to top FDI spot in Dubai with $3 billion investment

India's foreign direct investment in Dubai exceeded $3 billion in 2024, positioning it as the top investor, according to the latest data.

Economy

Dubai Internet City fuels growth: $27 billion boost to emirate’s economy

Dubai Internet City has contributed AED 100 billion ($27.2 billion) to Dubai’s GDP over the past 15 years, according to an impact study conducted in collaboration with Accenture and insights from key figures in the information and communications technology (ICT) sector.

Economy

Dubai welcomes over 18m international tourists in 2024

Dubai saw a record 18.72 million international overnight visitors in 2024, reflecting a 9% increase compared to the previous year, according to the latest data

Economy

UAE's non-oil sector stays strong despite slight dip in January PMI

The UAE's non-oil sector has seen a strong start to the year, marked by significant growth and a surge in business activity. However, capacity constraints remained a key challenge

Economy

Abu Dhabi property deals surge 10% in 2024 driven by strong demand

Abu Dhabi's property market recorded transactions worth Dh96.2 billion ($26.19 billion) in 2024, driven by robust economic growth, the Abu Dhabi Real Estate Centre

Economy

UAE economy to grow 4% in 2025, outpacing last year’s growth

The World Bank forecasts robust 4% growth for the UAE economy in 2025 and 2026, surpassing last year's performance.

Economy

UAE banks set for strong lending growth in 2025 thanks to supportive policies

The banking sector in the UAE is expected to experience strong lending growth in 2025, supported by a more relaxed monetary policy and a favourable economic environment.

Economy

UAE non-oil sector growth soars, PMI data reveals

Robust demand and heightened business activity fuelled the UAE's non-oil private sector growth to its fastest pace in nine months in December, according to a survey by S&P Global released on Monday.

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,

UAE's non-oil sector stays strong despite slight dip in January PMI

Economy

UAE's non-oil sector stays strong despite slight dip in January PMI

The UAE's non-oil sector has seen a strong start to the year, marked by significant growth and a surge in business activity. However, capacity constraints remained a key challenge

Abu Dhabi property deals surge 10% in 2024 driven by strong demand

Economy

Abu Dhabi property deals surge 10% in 2024 driven by strong demand

Abu Dhabi's property market recorded transactions worth Dh96.2 billion ($26.19 billion) in 2024, driven by robust economic growth, the Abu Dhabi Real Estate Centre

UAE economy to grow 4% in 2025, outpacing last year’s growth

Economy

UAE economy to grow 4% in 2025, outpacing last year’s growth

The World Bank forecasts robust 4% growth for the UAE economy in 2025 and 2026, surpassing last year's performance.

UAE banks set for strong lending growth in 2025 thanks to supportive policies

Economy

UAE banks set for strong lending growth in 2025 thanks to supportive policies

The banking sector in the UAE is expected to experience strong lending growth in 2025, supported by a more relaxed monetary policy and a favourable economic environment.

UAE non-oil sector growth soars, PMI data reveals

Economy

UAE non-oil sector growth soars, PMI data reveals

Robust demand and heightened business activity fuelled the UAE's non-oil private sector growth to its fastest pace in nine months in December, according to a survey by S&P Global released on Monday.

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