GDP

Emirates NBD upgrades UAE’s non-oil growth forecast to 5 percent in 2024

In 2023, the UAE's economy grew by 3.6 percent, in line with the bank's forecasts

Clean tech manufacturing investments reach $200 billion in 2023, up 70 percent: Report

China accounted for three-quarters of the total investments in this field, according to the report

Fitch upgrades Ras Al Khaimah to ‘A+ with stable outlook, forecasts 6.2 percent growth in 2024

The revision reflects the emirate's improved credit metrics driven by stronger medium-term growth forecasts

Qatar’s real GDP to gradually pick up to 1.75 percent in 2024-2025: IMF

Qatar's medium-term outlook is more favorable with the IMF expecting growth to reach close to 4.5 percent

Dubai World Trade Centre’s economic output soars 40 percent to $4.97 billion in 2023

DWTC hosted 76 events with 1.54 million attendees, 46 percent international

UAE’s real GDP to grow 4 percent in 2024: IMF

UAE's oil GDP is also expected to expand this year as OPEC+ output cuts ease

Emirate of Sharjah ‘BBB-/A-3’ ratings affirmed; outlook stable: Report

The report expects Sharjah's fiscal deficits to gradually narrow over 2024-2027 due to several factors

Aviation sector contributes $53 billion to Saudi GDP: Report

The sector supports 241,000 jobs, with a further estimated 717,000 jobs in the tourism sector

Moody’s affirms Kuwait A1 rating, stable outlook

Solid budget and financial buffers, but reforms needed to reduce oil dependence