More economists downplay the impacts of the tariffs on the GCC and the UAE
The UAE’s trade activity is set to minimize some of the effects of tariffs
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The UAE’s trade activity is set to minimize some of the effects of tariffs
Dubai is not exposed to oil prices, so the funding and fiscal side will remain resilient
Business sentiment remained positive despite the mild slowdown in growth momentum
The higher tariffs applied to other countries will give Gulf states a relative competitive advantage, one economist said
The non-oil sector grew 6.2%
The index saw inflation rise 0.54% m-o-m
The Fed lowered its GDP growth forecast for the US to 1.7%, down from 2.1%
Plus: Dubai’s rapid vehicle growth intensifies traffic crisis, sparks policy debate
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