The International Monetary Fund (IMF) expects the UAE’s economy to expand at a much faster rate this year compared to 2018.
It says the Emirates’ GDP will grow 4.7 per cent to reach AED 1.67 trillion in 2019.
The positive forecast is mainly driven by rising oil prices and the country’s economic diversification efforts.
The Washington-based agency also predicts the tourist influx linked to Expo 2020 Dubai to play a key role in the UAE’s growth prospects.
Dubai Future Finance Week spotlights AI, fintech and investment trends
The inaugural Dubai Future Finance Week has brought together global financial leaders, policymakers and innovators to discuss the trends shaping the future of the financial industry.
Abu Dhabi, OpenAI sign 4 agreements as Sam Altman meets Sheikh Khaled
Four agreements were signed between Abu Dhabi-based entities and OpenAI, spanning government, energy and investment sectors, as His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, held talks with Sam Altman.
ADIPEC opens record-breaking edition in Abu Dhabi
The 42nd edition of the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) has opened, bringing together global leaders from the energy, technology, finance and industrial sectors.
M&S to open largest foodhall outside UK at Dubai Festival City
Marks and Spencer is expanding its presence in the UAE, with its largest foodhall outside the UK opening at Dubai Festival City this December.
State Street plans to expand UAE operations
His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, and President of the Dubai International Financial Centre, has met Ronald P. O’Hanley, Chairman and Chief Executive Officer of State Street Corporation.
10:00am - 1:00pm
Broadcasting every weekday, Georgia Tolley goes beyond the headlines to speak to government ministers, decision makers, analysts and local experts to find out how the news will impact those of us living in the UAE.
1:00pm - 4:00pm
Every weekday afternoon, Helen Farmer will help you to navigate the highs and lows of life in the UAE. Stay up to date with what’s happening and where to go.
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!
