Economy
Economic reforms and currency flexibility to unlock funding
Gross paid claims increased by 12.8 percent year-on-year to AED31.1 billion
Green finance emerges as major player in supporting economic diversification efforts
The Central Bank also projected a non-oil GDP growth of 4.7 percent in both 2024 and 2025
Oil production cuts to keep economic growth low at about 1.4 percent in 2024
Tourism strategy approved in Executive Council meeting chaired by Sheikh Khaled
The UAE's historic score of 7.7 sets a new record, making it the highest in the history of the report
Single-use plastic cutlery, plastic food containers and styrofoam cups will also be banned
The unemployment rate among women saw a 2.6 percent decline
This figure surpassed the previous peak of $17.57 billion in 2018
Measures target social protection, economic growth and debt reduction amid foreign currency shortage
Improved macroeconomic conditions and global growth drive positive outlook
Egypt boosts allocations for human development to support citizens
Kingdom's private equity sector thrives, dominated by buyout transactions
The city has seen a 14 percent increase in commercial records, surpassing 192,000 in the past five years
Second phase covers 40 percent of professions in the sector
The government's price reduction plan is set to ease burden on citizens
Oil revenues surge by 15 percent to $53.31 billion
Central bank signals prolonged tight monetary policy amid economic challenges
Increased activity during Ramadan supports sustainable economic diversification efforts
The new PPP portfolio will cover 10 fundamental economic sectors in Dubai over a three-year period (2024-2026)
TCMB raised key interest rate from 45 percent to 50 percent
