Browsing: Economic growth

In an insightful discussion with Chris Chijiutomi, Managing Director and Head of Africa at British…

The global digital creative economy is set to reach AED 27T by 2030, propelled by emerging technologies such as artificial intelligence (AI) and virtual reality. This projection comes from a study by Dubai Design District (d3) and Dubai Media City, in partnership with global consultancy Monstarlab.

Dubai is set to reshape its events industry through a substantial AED 10 billion ($2.7…

His Highness Sheikh Mohammed bin Rashid Al Maktoum has approved a AED 10B expansion for the Dubai Exhibition Centre (DEC) at Expo City Dubai. Once completed, the DEC will become the largest indoor events venue in the region, aligning with the Dubai 2040 Urban Master Plan and Expo City’s vision of establishing itself as a global hub for exhibitions and events.

Scott Livermore, ICAEW Economic Advisor and Chief Economist at Oxford Economics Middle East, projects that the UAE economy will grow by 4.8% in 2025. He expects the non-oil sector to expand by 4.6% in 2024.

Etihad Cargo, the logistics arm of Etihad Airways, and SF Airlines, a subsidiary of SF Holding, have announced a landmark joint venture, a significant milestone in the 40-year diplomatic relationship between the UAE and China.

In a significant monetary policy shift, the UAE central bank announced on Wednesday that it…

UAE Ministry of Economy has issued a directive requiring private joint-stock companies to allocate at least one board seat for women, effective after current board terms end.

UAE real estate developer SOL Properties has unveiled a series of high-end projects with an anticipated Gross Development Value (GDV) of AED 12B over the next six months. These developments are set to make a significant impact on the UAE real estate market and contribute to the nation’s economic growth.

Bilateral trade between the UAE and India has risen by nearly 15 per cent over the past two years since the signing of the Comprehensive Economic Partnership Agreement (CEPA), according to a senior official from the UAE-India CEPA Council. Exports from the Emirates to India increased by over 7 per cent, while Indian exports to the UAE grew by a much higher 27 per cent during the same period, said Ahmed Aljeibi, Director of the UAE-India CEPA Council.