UAE Non-Oil Sector Faces Slowest Growth in Nearly 4 Years
UAE Non-Oil Growth Slows Despite Strong Demand PMI Hits 44-Month Low UAE non-oil private sector growth dropped to its lowest level in four years in May. The S&P Global Purchasing…
Aldar Sees 33% Rise in Profit Before Tax, Hits $599 Million ?
Aldar Reports Strong Financial Growth in Q1 2025 Aldar Properties has reported a 33% increase in profit before tax for Q1 2025. The company reached AED2.2 billion ($599 million), with…
The Central Bank of UAE Keeps Interest Rates Steady at 4.40%
Central Bank of UAE Keeps Interest Rates Steady at 4.40% The Central Bank of UAE has decided to keep its Base Rate unchanged at 4.40%. This decision aligns with the…
ADNEC Group Boosts UAE Economy with Record $2.3 Billion in 2024
ADNEC Group Contributes Record $2.3 Billion to UAE Economy in 2024 A New Economic Milestone ADNEC Group has made a significant impact on the UAE economy, adding a record $2.3…
United Arab Emirates Economy Grows 3.8% in 2024, Led by Trade and Tourism
United Arab Emirates Economy Grows by 3.8% in First Nine Months of 2024 The United Arab Emirates (UAE) economy expanded by 3.8% in the first nine months of 2024, thanks…
UAE Job Creation Outpaces GDP Growth in GCC Region
UAE Job Creation Outpaces Economic Growth in 2024 In 2024, the UAE job market grew by 4.2%, surpassing the 3.6% GDP forecast. This growth reflects the country’s resilient employment sector,…
UAE Banks To Remain On Stable Path This Year
UAE Banks Poised for Stable Growth in 2025: Strong Lending and Asset Quality Boost Profitability UAE banks are on a solid path heading into 2025, thanks to improved asset quality,…