investment

UAE tourism sector contributed $59.89 billion to GDP in 2023, generated 809,000 job opportunities

Projections suggest that the number of job opportunities will increase to 833,000 in 2024

Third edition of Make It in the Emirates Forum begins in Abu Dhabi, focusing on investment, innovation and growth

The forum features a diverse range of participants, including government, business, and financial representatives

Saudi Arabia commits $800 billion to tourism, aims for 10 percent sector contribution to economy by 2030: Minister

Al Khateeb outlines plans to add over 250,000 hotel rooms, attract young Saudis to the industry

Saudi Arabia’s E&P investments to reach $7 billion in 2025: Report

By 2025, the Kingdom is expected to account for 67 percent of the MENA region's total E&P expenditure

UAE announces $10 billion investment package to boost Pakistan’s promising economic sectors

In January 2023, the UAE agreed to roll over an existing $2 billion loan and provide an additional $1 billion to Pakistan

$935 million institutional placement of ADNOC Drilling shares complete

ADNOC will retain the majority 78.5 percent of ADNOC Drilling

Sharjah’s GDP surges 6.5 percent to $39.5 billion in 2023

Non-oil sectors also saw a significant 7.1 percent increase, reaching $38.79 billion in 2023

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

UAE’s Islamic T-sukuk auction attracts bids worth $2.67 billion, oversubscribed 8.9 times

Strong demand seen from the eight primary dealers for both the 3-year and 5-year tranches of the sukuk

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

102 agreements worth over $20 billion signed at Saudi Arabia’s Future Aviation Forum 2024

GACA launches first aviation sector report for Saudi Arabia highlighting contributions of $53 billion