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UAE economy to grow >5% this year, S&P says
Dubai’s hospitality, wholesale, retail, and financial services sectors are expected to drive growth
World Bank sees higher growth in the UAE in 2024 + 2025
The upgrade comes on the back of a stronger rebound in oil activity and export growth.
Economy grew 5.9% in 9M 2023
Transport, storage, and hospitality were among the largest growing sectors
Non-oil private sector holds four-year high growth
The growth was driven by a sharp upturn in new orders
UAE wealth funds spent USD 36.5 bn last year -Global SWF
GCC was crowned the “region of the year” with USD 82.3 bn of investment activity
Sharjah ruler approves bumper AED 40.8 bn 2024 budget
The budget amounts to an unprecedented USD 11.1 bn
AMF has good things to say
The country ranked third in most competitive economy worldwide
We’re going to have a good 2024
The country is expected to reverse the decline seen in 2023
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