IMF predicts robust growth for the UAE economy, driven by oil revenues
Over the medium term, increasing non-oil revenue will be supported by the gradual implementation of a corporate income tax, which started in June 2023...
Tag : UAE economy
Palm Jumeirah beach villa worth Dh63 million sold by Luxhabitat Sotheby
This has been one of the most significant sales in Dubai’s property market in the second quarter....
United Arab Bank of Sharjah appoints interim CEO
Thomas Matthew Alexander joins as interim CEO after the former executive quit...
UAE launches new rail and transport project
The UAE Railways Programme falls under the ‘Projects of the 50’...
Trilateral trade between India, Israel and the UAE to reach $110 bn by 2030
UAE and India's bilateral trade is projected to grow from $60 bn in 2020 to $100 bn during the period...
GCC to see a GDP growth of 2.5% during 2021-23: S&P
S&P predicts average Brent oil price of $60 in 2021 and 2022 and $55 in 2023...
UAE to see a V-shaped recovery this year: FAB
Rebound in tourism and oil prices are likely to lead the recovery...
UAE’s GDP is estimated to shrink by 6% in 2020
However, the economy is expected to grow 2.5 percent in 2021...