economy

Abu Dhabi’s GDP grows 3.8 percent to all-time high of $326.71 billion in 2024

The non-oil sector recorded a strong growth rate of 6.2 percent, marking its highest-ever annual contribution of 54.7 percent to total GDP

Oil prices ease to $73.94 but hold near one-month high amid tightening global supply outlook

Both contracts gained over 2 percent so far this week and more than 7 percent since hitting multi-month lows in early March

Trump’s announcement of 25% tariffs on foreign auto imports sends markets on a bumpy ride

The new tariffs will apply to vehicles assembled in countries with free-trade agreements with the U.S., such as Canada, Mexico, and South Korea

Next50 initiative discusses promoting UAE companies’ access to investment opportunities in new economy sectors

Meeting represents a significant step in enabling UAE’s private sector to maximize the benefits of Investopia

Sharjah Chamber launches 2025-2027 strategy to propel business growth

Strategy aims to support innovation and entrepreneurship by fostering a growth-oriented and sustainable business environment

Oman sees 1 percent inflation increase in February 2025

Prices of personal goods up 6.3 percent, transport up 3.4 percent, health up 3.2 percent

DEWA unveils roadmap to become world’s first AI-native utility

This initiative keeps DEWA at the forefront of digital advancements and drives sustainable growth in energy

Dubai Chamber of Commerce issues 5,357 ATA Carnets for $1.2 billion in 2024

ATA Carnets provide substantial cost savings by exempting exporters from VAT and customs duties

Investopia inks seven new partnerships for knowledge cooperation, organizing new Investopia Global editions

The MoU with EFG Consulting enhances cooperation for 'Investopia Europe' in Milan, boosting UAE-European ties

Oil prices steady at $73.05 amid Trump’s Venezuela tariff concerns

OPEC+ ready to move forward with scheduled output increase in May

CBUAE projects UAE GDP growth of 4.7 percent in 2025, 5.7 percent in 2026

The UAE's non-oil trade surpassed AED2 trillion in the first nine months of 2024