Browsing: 2024

Dubai, UAE: Flydubai announced plans to receive seven new aircraft before the end of 2024…

The Central Bank of the United Arab Emirates (CBUAE) has adjusted its inflation forecast for 2024 due to lower-than-expected increases in commodity costs, incomes, and rents.

Abu Dhabi’s Aldar Properties has revealed plans for a new residential community in Dubai centred on wellness and healthy living.

The UAE Cabinet has announced the anticipated dates for the next long holiday, marking the…

Dubai experienced a significant influx of tourists during the Eid al-Adha celebrations, welcoming over 500,000…

The United Arab Emirates (UAE) is soaring in the world of foreign investment, securing the…

Bosch, a leading global supplier of technology and services, ended its 2023 fiscal year with 490 million euros, which corresponds to 1.95 billion AED, in consolidated sales in the Middle East, registering an increase of 3 percent in euros and 6 percent in AED. The company met its sales expectations despite the challenges faced in the 2023 business year. This growth was attributed to various divisions within Bosch, including Bosch Rexroth, Building Technologies, Mobility Aftermarket, and the Bosch Global Software Technologies subsidiary. 

World Bank’s latest Global Economic Prospects report forecasts a 3.9 percent increase in the UAE’s real GDP for 2024, followed by a further expansion to 4.1 percent in 2025.

Saudi Arabian Oil Company Aramco has revealed the final price of its secondary public offering of shares, aiming to raise approximately $11.2B.

Indian enterprises dominated the surge of new additions to the Dubai Chamber of Commerce in the initial quarter of 2024, underscoring Dubai’s escalating allure as a global commercial nucleus.