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AMF forecasts 4.2% growth for UAE economy in 2023

ABU DHABI / WAM The UAE’s economic growth is expected to remain robust, averaging 4.6 percent from 2022 to 2024, driven by higher oil prices and improved business confidence, according to the Arab Monetary Fund (AMF). The AMF’s “Arab Economic Outlook Report forecasts a 4.2 percent growth rate for the UAE in 2023, accompanied by a decline in the consumer ...

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UAE participates in ICAO’s 2nd world aviation forum

SEOUL / WAM  The UAE’s General Civil Aviation Authority (GCAA) participated in the second World Aviation Forum hosted by the International Civil Aviation Organisation (ICAO) in Seoul, Republic of Korea. Saif Mohammed Al Suwaidi, Director-General of the GCAA, and Saeed Mohammed Al Suwaidi, Permanent Representative of the UAE to the ICAO, headed the Emirati delegation. The key event combined four ...

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MoIAT, Etihad Air unveil new incentives for ICV companies

ABU DHABI / WAM The Ministry of Industry and Advanced Technology (MoIAT) signed a memorandum of understanding (MoU) with Etihad Aviation Group to provide new incentives for companies certified under the National In-Country Value (ICV) Programme. The incentives include discounts on Etihad’s cargo rates and miles on-board flights. The MoU was signed during the second edition of the Make it ...

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