Microsoft, partners to generate USD 74 billion for UAE economy, says IDC analysis
Microsoft’s dedication to fostering local business growth and advancing the UAE’s aspirations to become a global technology hub was also underscored by the study...
Tag : UAE economy
UAE economy grew 4.3% in 2023 Q4
As one of the top oil exporters in the world, the UAE has expedited plans to diversify its economy away from hydrocarbons and attract international investment...
Dubai’s non-oil PMI touches new peak as country’s economic diversification accelerates
Dubai's PMI was 56.6 in January 2024 as opposed to 57.7 in December and 56.8 in November 2023...
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...
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...