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UAE’s non-oil economy to grow by 4.8% in 2023: World Bank

DUBAI / WAM The World Bank has projected that the real GDP of the UAE will grow by 2.8 percent in 2023, as the non-oil sector is expected to achieve strong growth of 4.8 percent, driven by robust domestic demand, particularly in tourism, real estate, construction, transportation, and manufacturing sectors. In a press conference held on Wednesday in Dubai to ...

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UAE participates in GCC committee’s conference

MUSCAT / WAM Mohamed Hadi Al Hussaini, Minister of State for Financial Affairs, headed the UAE delegation to the 119th meeting of the GCC Financial and Economic Cooperation Committee, which was held in Muscat, Oman. Members of the GCC Financial and Economic Cooperation Committee participated in the meeting and discussed developments of the programme designed to achieve economic unity among ...

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UAE boosts trade ties in Bosnia-Herzegovina

SARAJEVO / WAM Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, has led a UAE delegation of leading trade and finance officials to Bosnia-Herzegovina to identify strategic opportunities for UAE businesses in the region and establish stronger greater trade and investment links with this increasingly important economic region. Al Zeyoudi held a series of bilateral meetings ...

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