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Non-oil business activity sees most growth in nine months in December
Business sentiment is positive, with S&P Global’s senior economist David Owen saying the sector is in a “strong position for…
Abu Dhabi’s economy grew 4.5% in 3Q 2024
Abu Dhabi’s economic growth was driven by non-oil diversification and robust growth across key sectors.
UAE’s GDP surpassed AED 1.7 tn in 2024
The country’s foreign trade is projected to exceed AED 2.8 tn during this period
UAE dominated intra-GCC trade in 2023
UAE dominated re-exports and non-oil trade in 2023
Ajman approves AED 3.7 bn budget for 2025
Quality of life comprises the lion’s share of the total budget
Real GDP growth hits 3.6% in 1H 2024
Initial estimates for 1H 2024 are more or less in line with the IMF’s most recent projections
THIS MORNING: Dubai Land Department to roll out a smart rental index in January + health and auto ins. premiums in the emirate to rise next year
PLUS: UAE becomes largest investor in new business projects in Africa
Sharjah approves historic AED 42 bn budget for 2025
Infrastructure comprises the lion’s share of the total budget
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