UAE, China sign strategic agreements to enhance trade and boost Belt and Road Initiative
The UAE's active participation in China's BRI includes substantial investments and infrastructure development
Source: gulfbusiness.com
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Abu Dhabi's non-oil growth surges 7.7% in Q3 2023
Abu Dhabi’s financial and insurance sector grew by 14.4 per cent YoY and the value-added by the industry surged to Dhs18.7bn in Q3 2023.
Source: gulfbusiness.com
Abu Dhabi Reports 7.7% Growth in Non-Oil GDP in Q3
The UAE capital Abu Dhabi posted third-quarter non-oil gross domestic product (GDP) growth of 7.7% in comparison to the same period in 2022, revealed the Statistics Center - Abu Dhabi (SCAD). Preliminary estimates released by SCAD reveal that most non-oil activities have sustained growth rates, contributing 52.8% to the overall economy. Despite fluctuations in the oil and gas global markets, Abu Dhabi's economy continues to exhibit promising prospects.
Source: aawsat.com
Abu Dhabi's non-oil economy expands 8.6 per cent in first 9 months of 2023
The emirate's economy reached its highest quarterly value at Dh290.5 billion in 2023
Source: gulfnews.com
Abu Dhabi economy registers record Q3 GDP of $79.1bn
Abu Dhabi’s real GDP grew to its highest quarterly value of AED290.5 billion ($79.1 billion) in Q3 2023, a rise of 1% compared to 2022 despite a decline in oil prices.
Source: tradearabia.com