Tag: GDP

Economy

Saudi Arabia’s real GDP grows 2.7% in Q1: GASTAT

the financial -
RIYADH: Saudi Arabia’s economy saw annual growth of 2.7 percent in the first quarter of 2025, driven by strong momentum in non-oil activities as...
Economy

FM walks the talk on budget discipline; fiscal deficit target set at 4.4 per cent of GDP for FY 26

the financial -
Primary deficit pegged at 0.8 per cent; debt-to-GDP ratio targetted to be brought down to 50 per cent (+_1) by 2031; another year of...
Economy

Dubai GDP grows 3.3% in second quarter

the financial -
Dubai’s gross domestic product (GDP) for the second quarter of 2024 grew 3.3 per cent year-on-year to reach Dh116 billion, data showed on Sunday. The...
Economy

IMF hikes UAE’s GDP growth forecast to 5.1% for 2025

the financial -
The International Monetary Fund (IMF) on Tuesday increased UAE’s growth forecast for next year by 0.9 per cent on the back of strong growth...
Economy

UAE-Serbia Cepa set to add $351m to GDP

the financial -
The UAE signed its latest Comprehensive Economic Partnership Agreement (Cepa) with Serbia on Saturday and said the strategic trade deal would add $351 million...
Economy

India is on track to add $1tr to GDP every 18 months till 2030

the financial -
India, the fastest-growing major global economy, is on track to add $1 trillion to its GDP every 1.5 years over the next six years,...
Economy

UAE’s 3.4% Q1 GDP surge reflects economic resilience

the financial -
The real gross domestic product of the UAE recorded 3.4 per cent growth year-on-year to Dh430 billion in the first quarter 2024, underlining “the...
Uncategorized

Private sector AI investment poised to boost UAE GDP by Dh335b

the financial -
Private sector investment in Artificial Intelligence (AI) is expected to boost the UAE’s economy, adding an extra Dh335 billion by 2031, according to industry...
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