#non-oil economy

Dubai economy sees growth in H1 2023 -GettyImages-1392301478

UAE central bank raises GDP growth outlook to 5.7% in 2024

The apex lender projected that the country’s overall GDP will grow by 3.1 per cent in 2023

UBS says UAE economy to grow by 3.5% in 2023

UAE economy to grow by 3.5% in 2023

The country’s non-oil economy is projected to grow by a robust 4.5 per cent this year

New Abu Dhabi industrial licences surge 16.6% in H1 2023

New Abu Dhabi industrial licences surge 16.6% in H1 2023

Capital investments by manufacturers operating in the emirate grew by Dhs12.4bn to Dhs384.1bn over the same period

UAE’s 2022 GDP grows 7.9%, driven by non-oil activities

UAE’s 2022 GDP grows 7.9%, driven by non-oil activities

The statistics authority attributed the growth of the economy to innovative economic initiatives related to non-oil sectors and activities

World Bank non-oil

World Bank expects UAE’s non-oil economy to grow by 4.8% in 2023

The economies of the Gulf Cooperation Council are projected to grow by 2.5 per cent in 2023 and 3.2 per cent in 2024

Saudi jobs growth highest in half a decade

Saudi jobs growth is strongest in half decade amid business boom

Companies are looking to raise their staffing capacity in response to an increase in sales and higher demand