Search For "uae economy"
UAE economy expected to grow by 3.8% in 2025: World Bank
Updated : 2 years, 2 months ago IST
According to the Global Economic Prospects report released today, the World Bank forecast the growth in the Gulf Cooperation Council (GCC) countries to rise to 3.6 percent in 2024 and 3.8 percent in 2025, noting to last year's robust non-oil sector activity.
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UAE economy robust, with constant contributions from non-oil sector: OPEC
Updated : 2 years, 5 months ago IST
The UAE's economy remains robust, with constant contributions from the non-oil sector, especially from tourism, leisure, and real estate, according to the OPEC's Monthly Oil Market Report (MOMR) for October 2023.
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UAE economy to grow 3% in 2023; 4% in 2024: S&P
Updated : 2 years, 5 months ago IST
The UAE economy is forecast to grow 3% in 2023 and 4% in 2024, driven by the non-oil sector, which is expected to benefit from strong growth in tourism, government initiatives, and technological advancements, according to S&P.
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UAE’s economy to continue its robust performance in 2023: OPEC monthly rep
Updated : 2 years, 7 months ago IST
The Organisation of the Petroleum Exporting Countries (OPEC) forecast that the UAE’s economy will continue its robust performance in 2023, after recording a growth of 7.9 per cent year-on-year in 2022
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UAE-India economic cooperation gaining increased momentum: UAE Economy Min
Updated : 2 years, 8 months ago IST
"The UAE and the friendly Republic of India are united by strong bilateral relations and a sustainable strategic partnership, as economic relations were characterized by continuous development and common denominators in visions and strategies aimed at expanding in new economic sectors as vit
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Global economic outlook improving, albeit to a low growth recovery: OECD's
Updated : 2 years, 8 months ago IST
The global economy has begun to improve, but the recovery will be weak, according to the OECD's latest Economic Outlook. The Economic Outlook projects a moderation of global GDP growth from 3.3 per cent in 2022 to 2.7 per cent in 2023, followed by a pick-up to 2.9 per cent in 2024.
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UAE a role model for making economic activity climate-friendly: Secretary-
Updated : 2 years, 8 months ago IST
Prof Jukka Petteri Taalas, Secretary-General of the World Meteorological Organisation, said that the UAE economy is less than 20% dependent on fossil fuels, making it the finest model in the Gulf region in this field.
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UAE GDP grows by 7.9 per cent in 2022
Updated : 2 years, 8 months ago IST
The UAE's GDP in 2022 at constant prices totalled AED1.62 trillion, achieving a positive growth of 7.9 per cent, while totalling AED1.86 trillion at current prices, an increase of more than AED337 billion compared to 2021, achieving a growth of 22.1 per cent.
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Air Arabia plans to double its current fleet capacity within next 12 month
Updated : 2 years, 9 months ago IST
In a statement to the Emirates News Agency (WAM), Adel Al Ali, Group Chief Executive Officer of Air Arabia, said, "Tourism is one of the key pillars of the UAE economy. Abu Dhabi is an Emirate with solid destination appeal and our enhanced fleet size will continue to support the current robu
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UAE Economy Minister emphasises need to create investment opportunities in
Updated : 2 years, 10 months ago IST
Through its three sessions, the latest edition of the forum discusses the issues of climate change, green financing and sustainability; institutional adoption; regulation of digital assets; and digitisation and innovation in capital markets.
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UAE Minister of Economy visits Hind Terminals Logistics Park in Haryana
Updated : 2 years, 12 months ago IST
Abdulla bin Touq Al Marri said that the UAE's investments in foreign markets continue to increase, creating a multiplier impact by enhancing job opportunities
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India, UAE discuss bilateral economic, strategic ties
Updated : 3 years, 10 months ago IST
New Delhi [India], May 12 (ANI): United Arab Emirates (UAE) Minister of Economy, Abdulla Bin Touq Al-Marri, on Thursday made a courtesy call to his Indian counterpart Nirmala Sitharaman on Thursday and discussed the economic and strategic partnership between the two countries.
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