Dubai’s economy will grow by 2.4 per cent this year.
That's according to the latest S&P Global Ratings, which found that increased economic activity connected to Expo 2020 Dubai will drive the growth.
The US-based financial information and analytics company also revealed that the boost will mainly come from the construction and real estate sectors.
S&P said that trade and transportation will lead the emirate's economy after Expo 2020 Dubai is over.
H.H. Sheikh Mohammed appoints new PCFC Chairman
In his capacity as Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, has issued a decree appointing Abdulla bin Damithan as Chairman of the Ports, Customs and Free Zone Corporation (PCFC).
DP World announces new leadership appointments
DP World has announced new leadership appointments, naming Essa Kazim as Chairman of the Board of Directors and Yuvraj Narayan as Group Chief Executive Officer.
Almost 800 Lufthansa flights cancelled as pilots, cabin crew walk out
Hundreds of Lufthansa flights were cancelled on Thursday as pilots and flight attendants went on strike at Germany's largest airline, which has for years struggled to rein in costs at its core brand.
Dubai Holding sells 24% Empower stake to DEWA for AED 5 billion
Dubai Holding has sold its 24 per cent shares in Emirates Central Cooling Systems Corporation (Empower) to Dubai Electricity and Water Authority (DEWA) for AED 5.184 billion, increasing DEWA's shareholding from 56 per cent to 80 per cent.
DXB Airport hits record 95.2 million visitors in 2025
Dubai International (DXB) has welcomed 95.2 million guests in 2025, marking the busiest year in the airport’s history and the highest annual international passenger traffic ever recorded by any airport.
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UAE President Sheikh Mohamed Bin Zayed Al Nahyan’s visit to the US to boost economic and technology ties including AI.
Apple Inc. shares fell Monday after a closely followed analyst warned that demand for the firm’s new iPhone 16 Pro model has been lower than expected. Is this a sign that the AI software just isn’t ready?
Does working from home kill productivity or can it benefit staff by giving them more flexibility and a better work/life balance?
Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?
Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!
