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Companies continued to expand employment and the 12-month outlook remained strong
‘Dubai Car Market’ will be connected with 77 ports managed by DP World around the globe, enhancing its capacity and doubling its current sales of $1.85 billion
June PMI reading confirmed that inflationary pressures on businesses had been greatly suppressed in Q2 of 2024
A strong expansion in the dominant services industry failed to offset a further deterioration in manufacturing
Despite being a key hub for millionaires, startups and a booming property market, Dubai is affordable compared to other global metropolises
Private jet provides time efficiency and convenience that commercial airlines don't
Since its launch, KSrelief launched more than 7,000 humanitarian projects with a total value of $129.68 billion in 169 countries
New business from abroad also contributed to the rise in total new orders to the highest in seven years
India and Southeast Asian countries are projected to account for 31 percent of global consumption growth by 2033.
This marks first decrease in months as disinflation process begins
As of the end of June, the country’s foreign reserves stood at $412.21 billion
Saxo Bank expects U.S. and European sovereign bond yields to remain range-bound in Q3 2024
This marked the 19th contraction in the manufacturing sector over the last 20 months
Remittances to the Middle East and North Africa (MENA) region declined by 15 percent to $55 billion in 2023
This growth underscores Saudi Arabia's continued appeal to international investors
Electricity and gas bills decreased in the second half of 2023
Oman's North Al Sharqiyah Governorate saw inflation rise to 2.1 percent, the highest increase regionally
In 2023, the UAE's GDP reached AED1.68 trillion, growing by 3.6 percent
New initiatives launched to make Dubai one of the world's top three urban economies by 2033.
Service fee reduction attracts foreign investments
The sports and entertainment industry in the Kingdom grew at an annual pace of 12 percent between 2018 and 2023
The economy had contracted for two consecutive quarters in the second half of 2023, indicating a recent recession
A major FDI push in Africa is the increase in mega greenfield projects with six projects each at a value of over $5 billion
The agency expects non-oil growth of 4.3 percent in 2024
