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The economies of the UAE and Gulf countries will outpace the global forecast for 2024, helped by the domestic multi-year investment cycle in the region, according to First Abu Dhabi Bank’s 2024 Global Investment Outlook (GIO) Report

FAB: GCC Will Outperform Global Economy in 2024

Group’s Global Investment Outlook 2024 report recommends investors diversify asset allocation, points to opportunities in MENA ESG investing. The economies of the UAE and Gulf...

GCC Economies to Grow 14.51 per cent in 2021

Citing IMF figures, GCC Countries Macroeconomic Indicators report notes region’s nominal GDP to reach USD 1.6 trillion this year. COVID-19 vaccine rollout & upcoming mega...

Economy Diversifies to Boost Growth in 2020

A survey of nearly 440 senior accountancy experts on economic conditions in MESA showed a recovery in confidence in Q4. A revival in growth...

UAE GDP Growth Expected to Reach 2.4 pc in 2019, Central...

Real economic growth in the UAE, as estimated by Central Bank of the United Arab Emirates, exhibited Y-o-Y growth of 2.2 percent in Q2...

Outlook 2016: Global Growth Edges Up

Economists at Goldman Sachs have released what they believe will be the 10 biggest  of 2016. Here they are: 1. Global growth, more stable than...

2011 Forecasts: UAE in Figures

According the Economist, economic growth in UAE will pick up in 2011, but oil production will increase only modestly during a slow recovery in...

GCC’s economic outlook indicates robust growth

A recently released analysis by Dubai Chamber of Commerce and Industry indicated a solid recovery outlook for GCC countries as their real GDP growth...