UAE economy witnesses notable growth in first half of the year as transport, finance and construction thrive
UAE economic outlook
Latest in UAE economic outlook
CBUAE
UAE Central Bank keeps 2024 GDP growth forecast at 4%
Economic growth is projected to accelerate to 4.5 and 5.5% in 2025 and 2026, respectively
consumer spending
Mastercard Economics Institute predicts 5% GDP growth for the UAE
Consumer spending to rise by 4.3%; Consumer price inflation to reach 2.3%; Migration leading to rise in remittances; Women in the workforce growing
UAE
UAE announces 3.4% GDP growth in Q1 2024
The country’s real GDP reached AED430 billion, marking a 3.4 percent increase compared to the same period in 2023
CBUAE
UAE Central Bank projects 3.9% GDP growth in 2024 amid digital transformation, says new report
As the CBUAE looks forward to the next 50 years, it aims to focus on innovation, sustainability, and maintaining monetary and financial stability to support the UAE’s competitiveness on the global stage
Abu Dhabi
UAE real estate, tech stocks or gold? Here’s where you should be investing your money in 2024, according to experts
UAE investment and finance experts advise on investment strategies for 2024, emphasising diversification across sectors and regions amid economic shifts and global events
GDP growth rate
UAE economy projected to grow by 5.7% this year: Finance Ministry official
The UAE’s non-oil GDP growth is expected at 4.7 percent in 2024
GCC economic growth
Competition for FDI will frame the GCC trade and investment landscape in 2024
The GCC always has the power to surprise, confound and intrigue, and expect 2024 to be no different
Sheikh Mohammed
UAE: Sheikh Mohammed announces 3 national priorities as country looks to double GDP
The UAE Government Annual Meetings set national agenda for year ahead
Abdullah bin Touq Al Marri
UAE ‘leading the way’ in sustainable finance globally, Minister of Economy says
In the face of heightened geopolitical tensions, climate change concerns, and trade barriers that have raised questions about the future of the global economic order, the UAE has demonstrated extraordinary resilience, the Minister said
Abdulla Bin Touq Al Marri
UAE GDP records 3.8% growth in three months
The UAE’s GDP now stands at AED418.3 billion compared to the same period last year
CBUAE
UAE central bank retains its forecast for 2024 growth rate at 4.3%
The central bank, however, revised down its growth forecast for this year by 0.6 percentage points to 3.3%
Federal Reserve
UAE Central Bank holds benchmark rate as US Fed pauses tightening cycle
Central Bank of the UAE keeps benchmark rate unchanged as US Fed halts tightening cycle amid inflation concerns
Abu Dhabi
Revealed: UAE GDP expansion forecast to slow down to 3% in 2023
UAE, however, is categorized as a very low-risk nation and ranked 10th out of the 153 nations in the GlobalData Country Risk Index
Employment in UAE
UAE jobs: Tourism, travel sectors need thousands of workers to fill skyrocketing demand in 2023
This will lead to a surge in job creation and employment as also a rise in population in the coming year, says a leading economist
Dubai real estate market
UAE tourism to soar in 2023 with $27bn plan: Report
The country’s growth might slow in 2023 but the non-oil sector will remain resilient
business leaders
UAE, Saudi bosses say 2023 will be a good year: Report
The report comprised of 250 business leaders from across the UAE and Saudi Arabia