Economy

IMF forecasts Abu Dhabi economy to grow 4.2%, Dubai to grow 3.3% in 2025 

The International Monetary Fund (IMF) forecasts Abu Dhabi's economy to grow by 4.2% in 2025, with growth accelerating to 5.8% in 2026.

Economy

UAE rises as AI powerhouse among emerging economies

The UAE is positioned as one of the leading emerging global economies in terms of artificial intelligence (AI) readiness, according to a recent report by Boston Consulting Group (BCG), unveiled at the Dubai AI Assembly during Dubai AI Week.

Economy

OPEC highlights ongoing strong growth in UAE's non-oil economy

The Organisation of the Petroleum Exporting Countries (OPEC) has stated that the UAE's non-oil sector continues to show strong growth, with the latest data and economic indicators reflecting substantial expansion.

Economy

IMF forecasts Abu Dhabi economy to grow 4.2%, Dubai to grow 3.3% in 2025 

The International Monetary Fund (IMF) forecasts Abu Dhabi's economy to grow by 4.2% in 2025, with growth accelerating to 5.8% in 2026.

Economy

UAE rises as AI powerhouse among emerging economies

The UAE is positioned as one of the leading emerging global economies in terms of artificial intelligence (AI) readiness, according to a recent report by Boston Consulting Group (BCG), unveiled at the Dubai AI Assembly during Dubai AI Week.

Economy

OPEC highlights ongoing strong growth in UAE's non-oil economy

The Organisation of the Petroleum Exporting Countries (OPEC) has stated that the UAE's non-oil sector continues to show strong growth, with the latest data and economic indicators reflecting substantial expansion.

Economy

UAE economy grows 3.9% in 2024, fuelled by growth in non-oil sectors

The UAE's economy expanded by 3.9% in 2024, according to its central bank, fuelled by strong growth in the country's non-oil sectors as the second-largest economy in the Arab world continues its push for diversification.

Economy

UAE secures 26 trade deals through economic partnership initiative

So far this year the UAE has secured five new trade agreements, bringing the total number under its Comprehensive Economic Partnership Agreement (CEPA) program to 26.

Economy

UAE poised to dominate gulf economic growth in 2025, according to Capital Economics

The United Arab Emirates is set to maintain its status as the fastest-growing economy in the Gulf region this year, driven by strong oil production and a thriving non-oil sector, according to Capital Economics. 

Economy

UAE GDP grows 3.8% in first 9 months of 2024

The UAE's GDP grew by 3.8% year-on-year in the first nine months of 2024, driven by the expansion of the country’s non-oil sector.

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

UAE economy grows 3.9% in 2024, fuelled by growth in non-oil sectors

Economy

UAE economy grows 3.9% in 2024, fuelled by growth in non-oil sectors

The UAE's economy expanded by 3.9% in 2024, according to its central bank, fuelled by strong growth in the country's non-oil sectors as the second-largest economy in the Arab world continues its push for diversification.

UAE secures 26 trade deals through economic partnership initiative

Economy

UAE secures 26 trade deals through economic partnership initiative

So far this year the UAE has secured five new trade agreements, bringing the total number under its Comprehensive Economic Partnership Agreement (CEPA) program to 26.

UAE poised to dominate gulf economic growth in 2025, according to Capital Economics

Economy

UAE poised to dominate gulf economic growth in 2025, according to Capital Economics

The United Arab Emirates is set to maintain its status as the fastest-growing economy in the Gulf region this year, driven by strong oil production and a thriving non-oil sector, according to Capital Economics. 

UAE GDP grows 3.8% in first 9 months of 2024

Economy

UAE GDP grows 3.8% in first 9 months of 2024

The UAE's GDP grew by 3.8% year-on-year in the first nine months of 2024, driven by the expansion of the country’s non-oil sector.

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

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.

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