Browsing: Economic growth

The UAE’s national economy continues to grow rapidly, reinforcing its position as one of the most dynamic economies regionally and globally.

MAICO Enterprises Inc., a prominent Japanese trade organisation, has announced the Japan Kyoto Trade Exhibition 2025, a major event aimed at strengthening trade ties between the UAE and Japan. The exhibition, which will be held annually in Dubai, seeks to drive economic growth and innovation in the region.

President Sheikh Mohamed bin Zayed Al Nahyan chaired ADNOC’s annual board meeting at its headquarters, where he approved the launch of XRG, a company focused on lower-carbon energy and chemicals. XRG aims to accelerate ADNOC’s global expansion and meet the rising demand for natural gas, chemicals, and low-carbon energy sources.

Real estate transactions in Sharjah’s Central and Eastern regions surged to AED 1.3B in the first nine months of 2024, up 57.6 percent from last year, according to the Sharjah Real Estate Registration Department. This report covers 22,059 transactions across 37 million square feet of land.

By July 2024, the total capital and reserves of banks in the UAE exceeded AED 500M ($136.1B) for the first time.

UAE has launched its National Investment Strategy, aiming to triple its foreign direct investment (FDI) balance to AED 2.2T ($599B) by 2031. Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President, Prime Minister, and Ruler of Dubai, alongside Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, and Chairman of the Presidential Court, unveiled the strategy during the UAE Government Annual Meetings 2024 in Abu Dhabi.These meetings, held on November 5 and 6, gathered over 500 officials, including representatives from the UAE government, local entities, private sector, and community organisations.

The UAE has announced an ambitious National Investment Strategy 2031, aimed at tripling its cumulative…

Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, highlighted the UAE’s focus on enhancing its…

In a significant move aimed at strengthening bilateral ties, the Finance Ministers of the United…

In a significant move to foster deeper economic ties, His Highness Sheikh Saud bin Saqr…