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UAE’s national digital economy set to grow to $140bn by 2031

Dubai / WAM Dubai Chamber of Digital Economy, one of three chambers operating under Dubai Chambers, has released a report detailing plans to boost the emirate’s digital economy. The report projects the national digital economy will reach $140 billion in 2031 from $38 billion today. The study highlights the importance of the chamber’s efforts and collaboration with stakeholders to establish ...

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Global economic growth to drop to 2.9% in 2023: IMF

  WASHINGTON / WAM The International Monetary Fund (IMF) has forecast that the global economic growth is projected to fall from an estimated 3.4 percent in 2022 to 2.9 percent in 2023, then rise to 3.1 percent in 2024. The forecast for 2023 is 0.2 percentage point higher than predicted in the October 2022 World Economic Outlook (WEO) but below ...

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AD Ports unit unveils new business line to support healthcare market

  Abu Dhabi / WAM AD Ports Logistics (ADPL), provider of integrated end-to-end business solutions and a subsidiary of AD Ports group’s Logistics Cluster, has announced the addition of a new distribution business line that will see the company secure exclusive distribution rights for a range of healthcare products. The new business line targets the GCC’s fast-growing healthcare and life ...

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