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NMDC Energy to set up AED 367 mn facility in Kezad + Dubai public beaches get a revamp
NMDC Energy will invest some AED 367 mn (USD 100 mn) into the facility, which is expected to create 3k…
Fuel prices slashed for the first time in five months
Plus: Outdoor work will be limited as of 15 June in time for summer
UAE economy to be a “top performer” in the GCC this year –World Bank
GDP is lifted up by higher oil output and a global economic recovery
President talks cooperation, investment with Korean businesses, entrepreneurs
Foreign Trade Minister Al Zeyoudi met with his Korean counterpart
Al Marri on why the UAE has the makings of an AI hub
Plus: A look at Discovery Land Company's launch of ultra-exclusive development in southern Dubai
The UAE saw 3.6% growth last year
The biggest driver of growth in the non-oil sector was financial services
Sharjah's non-oil economy grew 7.1% y-o-y in 2033
Wholesale and retail trade and manufacturing were the largest contributors to non-oil GDP growth
Fitch upgraded Ras Al Khaimah’s issuer default rating with a stable outlook
The ratings agency revised its forecast for the emirate’s medium-term growth to 6.2% this year
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