Economics
Offering insights for businesses and governments aiming to adopt and scale AI
UAE banking sector assets reach $1.21 trillion with 1.3 percent growth by October 2024: Central Bank
Gross credit rose by 0.6 percent to AED2.174 trillion by October 2024
Vision 2030 initiatives expected to boost non-oil growth by 10 percent in the Kingdom
IMF and OECD estimate that global growth could hit 3.2 to 3.3 percent this year
This agreement seeks to reduce trade barriers, enhance customs procedures
Georgieva noted that the U.S. economy is performing "quite a bit better" than anticipated
Indonesia joining BRICS enhances collaboration with developing nations based on equality and sustainable development
Projections were informed by critical factors and data, based on an average oil barrel price of $60
Foreign trade to surpass $762.3 billion
Non-oil sector grew 6.6 percent, showcasing the emirate's strong economic momentum
Among Saudi nationals, the labor force participation grew by 0.7 percentage points in Q3 2024, reaching 51.5 percent
