Skip to main content Skip to footer This raises the total to 99 licenses by end of 2024
Projections were informed by critical factors and data, based on an average oil barrel price of $60
An initiative designed to enhance participation and liquidity among market participants
This represents an increase of over $1.06 billion compared to September
Foreign trade to surpass $762.3 billion
Surpassing the total exports for the entirety of 2023, which were recorded at $5.068 billion
Non-oil sector grew 6.6 percent, showcasing the emirate's strong economic momentum
Transaction volume and value grew 36 percent and 27 percent, surpassing 2023's 133,100 sales at $111.9 billion
The new decision took effect on January 1, 2025
Mubadala and its subsidiaries invested in 2024 $29.2 billion, up from $17.5 billion in 2023
By the end of 2024, the Dubai and Abu Dhabi stock exchanges' market cap exceeded $1.06 trillion
Among Saudi nationals, the labor force participation grew by 0.7 percentage points in Q3 2024, reaching 51.5 percent
Discussions are currently in progress to approve a second tranche of $4.14 billion
December set a record with sales reaching AED821.94 million ($223.8 million)
The subscriber count saw a remarkable increase of 51 percent, translating to nearly 528,000 additional subscribers
Spot gold rose by 0.3 percent to $2,632.82 per ounce
Crude oil WTI futures for February delivery also surged 0.7 percent to $71.75 per barrel
The average acceptable return was set at 4.75 percent, with a maximum acceptable return of 4.85 percent and a minimum of 4.6 percent
This approval follows a EUR1 billion EU support initiative endorsement
CBK said that the issuance period is three months with a return rate of 4.125 percent
22-carat gold stood at AED 292.25, 21-carat gold was priced at AED 283, while 18-carat gold was at AED 242.50
WTI futures for February delivery also saw a 0.7 percent increase, reaching $71.05 per barrel
The sector has boosted sustainable growth, competitiveness, and contribution to the nation's GDP
This reflects a modest decline of 2.5 percent from QAR2.62 billion ($718 million) in Q2 2024