Sector Economy | Al Bawaba

Sector Economy latest

The Institute of International Finance (IIF) has raised the projected UAE real GDP growth from 2.1 per cent to 2.4 per cent for 2018 and maintained 2.7 per cent forecast for the next year. (Shutterstock)

July 17th, 2018 - 08:42 GMT

UAE Economy to Improve Due to Higher Crude Oil Prices

High crude prices, increased production and stimulus initiatives will boost economic growth of the UAE and other oil-exporting GCC countries in 2018-19.

The value of imports reached Dh22.1 billion, while exports and re-exports amounted to Dh4.47 billion and Dh886 million respectively. (Dubai Media Office)

July 8th, 2018 - 08:35 GMT

Dubai Non-Oil Trade With South Korea Reaches More Than $7 Billion

The new addition sees the total designated zones increasing to 23 across the UAE. (Shutterstock)

July 5th, 2018 - 06:00 GMT

FTA Announces New Three UAE Free Zones out of VAT Scope

Thanks to the growth in technology adoption, nationwide digital transformation, Smart Cities, and Expo 2020 Dubai, BMI Research predicts the UAE’s IT market will reach AED 20 billion in 2018. (Shutterstock)

July 4th, 2018 - 09:43 GMT

Smart Cities, Expo 2020 Drive UAE’s 2018 IT Market to Dh20 Billion

Oil prices have gained over three per cent since Opec and allies announced on June 22 to raise output to meet production caps set in 2016. (Shutterstock)

July 4th, 2018 - 08:29 GMT

Sector Economy latest

UAE Economy to Improve Due to Higher Crude Oil Prices

Dubai Non-Oil Trade With South Korea Reaches More Than $7 Billion

FTA Announces New Three UAE Free Zones out of VAT Scope

Smart Cities, Expo 2020 Drive UAE’s 2018 IT Market to Dh20 Billion

UAE Committed to Boost Oil Output