Tag: GDP

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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...
Economy

Dubai’s GDP hits Dh115 billion in first quarter, grows 3.2% year on year

the financial -
Dubai's economy has grown 3.2 per cent in the first quarter of the year compared to the same period last year — with the...
Spotlight

UAE is third-largest US dollar debt issuer among emerging markets in H1 2024

the financial -
The UAE was the third-largest US dollar debt issuer among emerging markets, excluding China, with a share of 8.9 per cent of the total...
Economy

World Bank raises forecast for UAE’s real GDP growth to 3.9% in 2024; 4.1% in 2025

the financial -
The World Bank has raised its forecast for the UAE’s real GDP growth to 3.9 per cent in 2024, compared to its previous forecast...
Business

Emirates Development Bank delivers record increase in industrial GDP impact

the financial -
Emirates Development Bank has unveiled a record increase in total financing since the launch of EDB’s strategy in 2021 to Dh10.4 billion, bringing its...
Economy

Abu Dhabi’s non-oil economy grows 9.1% in 2023

the financial -
Abu Dhabi’s non-oil gross domestic product (GDP) recorded a growth of 9.1 per cent last year, showcasing the positive results of its economic diversification...
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Startup

Info Edge commits Rs 250 crore to new B8 Fund I to back growth-stage tech startups in India

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Info Edge has approved a commitment of up to...
AI & Technology

Scoop confirmed: AI platform MeltPlan raises $10 million to make construction boring

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Startup

Indian agentic AI startup Gushwork raises $9 million to expand engineering teams

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Gushwork, an agentic AI startup raised a $9 million...
AI & Technology

Nvidia forecasts upbeat sales on AI chip demand, talks up long-term prospects 

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SAN FRANCISCO: Chipmaker Nvidia forecast first-quarter revenue above market estimates...
Startup

IIT Madras alumnus-founded deeptech startup Tattvam AI raises $1.7 million in funding

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Tattvam AI, a deeptech startup building AI systems to...

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