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Robust infrastructure, strategic location vital to the growth of the industry and the region’s economy
PPPs attract investments, create jobs and develop new capabilities
OPEC reported that the housing, utilities, and fuels sector rose to 6.7 percent YoY in June, up from 6.6 percent in May
The oil sector grew by 3.4 percent and the non-oil sector by 3.3 percent at constant prices
Saudi Arabia's GDP contracted by 0.4 percent annually primarily driven by the 8.5 percent annual decline in oil activities
The CEPA also seeks to establish new investment and cooperation pathways, allowing private sectors to build partnerships
This investment signals the UAE's commitment to accelerating the growth and adoption of digital technologies across its economy
In 2023, the two nations had $1.3 billion in non-oil trade, a 30 percent increase from 2022 and 83 percent more than in 2019
International overnight visitors rose 9 percent compared to H1 2023
The UAE and India are among the fastest growing economies, with the UAE’s non-oil GDP growing by 6.2 percent in 2023
The country’s growth is projected at 4 percent for FY 2024/2025
If the PCE data reveals that inflation is slowing and the Fed can cut rates in September, gold prices will likely surge
