Uae Economy News - Latest Updates & Headlines
Abu Dhabi's non-oil foreign trade records 9 pc growth in 2024
Abu Dhabi, April 7: Abu Dhabi Customs reported a 9 per cent increase in the emirate's non-oil foreign trade in 2024, reaching AED306 billion, compared to AED281.9 billion in 2023, reflecting the vitality of the emirate's economy and its growing relations with trading partners around the globe.
Fintech sector contributes 8.7 per cent to UAE GDP: Minister of Economy
Abu Dhabi, February 26: Abdullah bin Touq Al Marri, Minister of Economy, said that the financial technology (Fintech) sector continues to power growth, contributing 8.7 per cent to the UAE's Gross Domestic Product (GDP).
Gulf Cooperation Council countries' economic growth to double in 2025: report
Abu Dhabi, Feb 21: The Gulf Cooperation Council (GCC) economies will outpace global growth in 2025, with the region's gross domestic product (GDP) growth expected to double, said a report released Friday by the First Abu Dhabi Bank (FAB).
UAE-German Business Forum convened in Abu Dhabi
Abu Dhabi, February 4: The United Arab Emirates and Germany reinforced their deep-rooted economic ties today with the convening of the UAE-German Business Forum in Abu Dhabi.