Tag: Economic Growth
Dubai Population Now Nears 4.74 Million as Economy Approaches AED 1...
Dubai population now stands at 4.74 million, and the economy behind that growth closed 2025 within reach of a milestone few cities in the...
UAE Economy Set for Strong Growth, IMF Forecast Shows
The UAE economy is expected to continue expanding faster than many global economies, according to the latest projections from the International Monetary Fund (IMF).
In...
Global Risks Report 2026: Rising Geopolitical and Economic Risks
Geoeconomic confrontation emerges as the top global risk for 2026, climbing eight positions in the two-year outlook, as economic risks rise fastest in the...
IMF Outlook: MENA Growth Picks Up, But Global Headwinds Persist
The International Monetary Fund (IMF) has trimmed its global economic growth forecast to 3.2% in 2025 (down from 3.3% in 2024), with a further...
UAE GDP Grows 3.9% in Q1 2025 Driven by Non-Oil Sectors
The latest figures confirm the strong performance of the UAE economy. The country’s real Gross Domestic Product (UAE GDP) grew by 3.9% in Q1...
UAE Well-Positioned Amid Global Trade Shake-Up Following U.S. Tariff Hike
In what’s being called the most significant shift in U.S. trade policy in over a century, the introduction of “reciprocal” tariffs by the United...
Risk of Global Recession Growing
The global economy faces rising threats of recession as tariffs escalate and trade tensions deepen between major economies, warns Nigel Green, CEO of global...
UAE GDP Grows 3.8% in First Nine Months of 2024
UAE GDP Growth Strengthens as Non-Oil Sectors Expand
The UAE GDP recorded a 3.8% growth in the first nine months of 2024, reaching AED 1.322...
“2025 Supertrends” Highlights Key Factors Shaping the Global Investment Outlook
Bank of Singapore successfully concluded the CIO Summit, held in Dubai, where its leadership and expert panelists explored key investment themes, their implications on...
Standard Chartered: GCC to Stay Economically Resilient in 2025
Standard Chartered announced today its Global Market Outlook for 2025. In its report, the Bank highlighted the Gulf Cooperation Council (GCC) is expected to...
UAE PMI Hits Nine-Month High in December, Signaling Robust Growth
The UAE's non-oil private sector closed 2024 on a high note as the Purchasing Managers’ Index (PMI) reached 55.4 in December, its highest in...
Dubai Secures 437 Global Business Events for 2024 to Boost Economic...
City to welcome over 210,000 delegates in upcoming corporate, association events and incentive groups, thanks to bid wins driven by Dubai Business Events (DBE)
20%...
UAE GDP Grows By 3.6% in The First Half of 2024
Non-oil economic activities recorded positive results in the first half of 2024, the most notable of which are:
Transport and storage activities have emerged as...
Fed’s Rate Cut Welcomed, But Future Policy Must Stay Aggressive
The Federal Reserve’s decision to slash interest rates by 50 basis points—its first cut in four years—has been welcomed by investors and market participants.
However,...
Ministry of Economy Reviews New Competition Law to Boost Regulatory Frameworks
The Ministry of Economy organized a media briefing to review the Federal Decree-Law No. 36 of 2023 on competition regulation, which aims to promote...
Non-oil Activities Reached 50% of Saudi Arabia’s Real GDP in 2023
Non-oil activities in the Kingdom recorded their highest contribution to the Real GDP during the year 2023 at 50%, which is the highest historical...
More Economic Uncertainty on the Horizon
More than half (56%) of chief economists expect the global economy to weaken in 2024, with seven in 10 saying pace of geoeconomic fragmentation...
GCC Economies Witnessing a Golden Age of Progress and Growth
Regional economies are undergoing a positive cycle of improving competitiveness and growth amid higher oil revenues and economic reforms, Majid Jafar tells Davos
Region’s digital...