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The United Arab Emirates (UAE) reported a 3.7% increase in its gross domestic product (GDP) for the first half of the year, with non-oil sector growth surging by 5.9%. The non-oil sector now accounts for over 70% of the UAE's GDP, reflecting the country's efforts to diversify its economy away from oil and toward knowledge-based industries.
DUBAI: The United Arab Emirates posted a fiscal surplus of 169.6 billion dirhams ($46.19 billion) in the first nine...
Abu Dhabi’s gross domestic product (GDP) exceeded Dh1 trillion last year at a growth rate of 9.3 per cent with 50 per cent contribution from the non-oil se..
Proactive measures, incentive packages bear fruit, highlight country’s speed and flexibility in responding to global changes