Browsing: Real Estate

Emirates NBD has recently revised its 2024 forecast for the UAE’s non-oil growth to 5 percent from the previous estimate of 4.5 percent, thereby raising the headline gross domestic product (GDP) growth to 3.7 percent from 3.3 percent. In its latest research report, Emirates NBD also predicts stagnant growth in the oil and gas sector this year due to ongoing production constraints imposed by OPEC+ cuts.

Dubai-based real estate developer Wasl has unveiled the introduction of One B Tower, a novel upscale skyscraper located in a prime position offering scenic vistas of the Dubai Water Canal in Business Bay.