UAE Edition 
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AI + Innovation (MENA) 
Logistics (MENA) 
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
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
CBUAE maintains 2024 growth forecast, dials back 2025 growth expectations on extension of oil supply cuts
The central bank dialed back its forecast for GDP and non-oil GDP growth in 2025
IMF sees oil GDP growing 6.7% next year, non-oil growth to come in at 4.5%
The Fund sees overall GDP growing at 4% this year, reverting to its initial forecast after revising it downwards to…
Dubai inflation rises to 3.01% in November
The higher reading was driven by increased transport, housing, and energy costs
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