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DWTC generated AED 22.4 bn in economic output last year amid events boom
DWTC’s large-scale events added AED 13 bn to Dubai’s GDP
BMI downgrades UAE’s growth forecast, citing weaker oil prices and global demand
Fitch Solutions’ research unit now sees the economy growing by 4.6% this year
World Bank upgrades growth forecast for the UAE, citing increased oil production and non-oil momentum
The bank cited non-oil momentum as a key growth driver, led by manufacturing
IMF maintains the UAE’s GDP growth forecast at 4%
Inflation is seen rising to 2.1% in 2025
Dubai inflation hits five-month low as monthly deflation returns
Housing continued to push prices higher, while transport saw a dip
Tourism to hit 13% of Abu Dhabi’s GDP this year, with more mega cultural projects set to be announced
Abu Dhabi’s tourism sector is expected to contribute AED 62 bn to GDP in 2025, marking a 13% y-o-y increase,…
THIS MORNING: KKR, Investcorp, and I Squared join bidding war for Pal Cooling + Sobha, Omniyat eye sukuk
Plus: We have a new head coach
70% of UAE residents want to retire in the Emirates, but a fast-rising cost of living stands in the way
Only 4% have invested in a dedicated retirement savings plan
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