Meanwhile, Dubai's GDP growth is forecast at 3.7% this year, up from an estimated 3.2% in 2024. Easing oil production curbs will support the oil sector while expansionary budgets, major project works, ...

The UAE continues to demonstrate resilience, supported by its diverse and robust economy, a senior <a target=_blank href= ...

Digital Dubai also represents the city's fourth revolution, building on the Dubai government's vision and the smart city ...

Robust domestic activity and resilient demand for credit has supported banks’ profitability amid still-elevated interest rates ... s growth and competitiveness at the regional and global levels. For ...

UAE banks are well capitalised with strong liquidity and their exposure to the property market has declined over the past few ...

which is driving further growth in house prices across different segments and locations. Hydrocarbon GDP is expected to grow above 2.0 percent this year, following OPEC+ decisions to sustain ...

The value of exports and re-exports by chamber members exceeded Dh300 billion for the first time since its establishment ...

Egypt's economy will grow by 4.0% in the year to the end of June as IMF measures continue to help improve its economic ...

Mega-projects, coastal marvels, and a game-changing unified visa — GCC nations are crafting a future where tourism takes ...

Strong economic growth continues, underpinned by robust domestic activity. Although the outlook is subject to heightened global uncertainty, ongoing reform efforts are expected to support medium-term ...

The estimates also indicated that the UAE’s nominal GDP (at current prices) during the first half of 2024 reached approximately AED981bn ($267bn), registering a growth rate of 5.6 per cent. Meanwhile, ...