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.
Trade and economic relations between the UAE and Oman are expected to strengthen significantly following the signing of investment deals valued at 129 billion Dirhams ($35.12 billion).
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.
Trade and economic relations between the UAE and Oman are expected to strengthen significantly following the signing of investment deals valued at 129 billion Dirhams ($35.12 billion).
Residential real estate market in Dubai soars in Q2
Dubai's residential real estate market saw significant expansion in the second quarter of 2024, achieving an unprecedented 35,310 transactions, representing a 20.5% increase compared to the previous year.
UAE hotels' revenue up 24% to $7bn between January and July
Hotels in the UAE generated revenues of around AED26 billion ($7.08 billion) between January and July this year, a 24% rise over the same seven months last year.
Dubai’s government services are now almost completely digitised, and most transactions are paperless as it continues to progress in its digital strategy.
Residential real estate market in Dubai soars in Q2
Dubai's residential real estate market saw significant expansion in the second quarter of 2024, achieving an unprecedented 35,310 transactions, representing a 20.5% increase compared to the previous year.
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