Growth

Business

Abu Dhabi Reports 4.1% Growth in Emirate’s GDP and 6.6% Increase in non-oil GDP in Q2 2024

The Statistics Centre – Abu Dhabi (SCAD) has released preliminary estimates revealing a 4.1 per cent growth in the emirate’s…

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News

Oxford Economics Forecasts Accelerated economic growth in UAE by 2025

Scott Livermore, ICAEW Economic Advisor and Chief Economist and Managing Director of Oxford Economics Middle East, projected that the UAE…

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News

UAE Japan Launch Talks to Reach Comprehensive Economic Partnership Agreement aimed at Enhancing Sustainable Economic Growth in both Countries

President His Highness Sheikh Mohamed bin Zayed Al Nahyan today emphasised that relations between the UAE and Japan are built…

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Business

Saxo Bank Reports 35% Growth: Strong Performance Highlights H1 2024 Results

During 2024, the Saxo Bank Group rolled out a new competitive pricing structure that lowers costs for clients as well…

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Business

GlobalPharma captures 1.8% market share, marking unprecedented growth in Saudi Arabia 

Globalpharma, the UAE’s leading pharmaceutical manufacturer and a wholly owned subsidiary of Dubai Investments PJSC, today announced a significant milestone…

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News

Dubai Municipality completes development of UAE’s longest mountain trails in Hatta

Dubai Municipality has completed the development of the UAE’s longest mountain trails, which features 21 cycling routes spanning 53 kilometres,…

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Business

Sharjah Real Estate Continues its Growth Achieves AED 3.9 Billion in July 2024

The real estate market in Sharjah continues its growth, achieving a trading value of AED 3.9 billion in various areas and…

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News

Empower Reports 10.3% Revenue Growth in H1 2024

Emirates Central Cooling Systems Corporation PJSC (Empower), the world’s largest district cooling services provider, today announced its financial results for…

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Business

Gulf Non-Oil Growth Softens as Costs and Competition Rise

Non-oil business activity in Kuwait, the UAE and Saudi Arabia continues to grow, albeit at a softened pace.  According to…

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Business

Riyadh Emerges as a Regional Business Hub with a Jump in Foreign Firm Relocations, Driven by Strong Non-Oil Sector Growth

Riyadh’s office market continued its strong performance in Q2 2024, as per the latest Saudi commercial market report by Savills,…

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