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Abu Dhabi’s non-oil economy value grows to 9-year high in Q1

ABU DHABI / WAM Statistics Centre – Abu Dhabi (SCAD) has released estimates showing that Abu Dhabi’s gross domestic product (GDP) grew by 3.9 percent in the first quarter of 2023 compared to the same period in 2022. This growth was driven by the robust performance of non-oil economic activities in the emirate. The statistics indicate a remarkable 6.1 percent ...

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BaseTracK opens office at Rakez, rolls out first autonomous truck

RAS AL KHAIMAH / WAM Leading global innovator in autonomous vehicle technology, BaseTracK, chose the UAE as its research and development base by setting up its office and workshop in Ras Al Khaimah Economic Zone (Rakez). Along with the facility inauguration, BaseTracK unveiled its first local autonomous truck at an immersive test-drive event in Al Hamra, marking a significant milestone ...

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