Dubai’s economy will grow by 2.4 per cent this year.
That's according to the latest S&P Global Ratings, which found that increased economic activity connected to Expo 2020 Dubai will drive the growth.
The US-based financial information and analytics company also revealed that the boost will mainly come from the construction and real estate sectors.
S&P said that trade and transportation will lead the emirate's economy after Expo 2020 Dubai is over.
UAE's economy leads growth in Gulf region in 2025: IMF
The Director of the Middle East and Central Asia Department at the International Monetary Fund (IMF), on Monday, said the UAE economy posted the best performance among GCC countries in 2025.
Nakheel awards contract for Palm Crown development on Palm Jumeirah
Nakheel, a member of Dubai Holding Real Estate, has awarded a AED400 million contract to Shapoorji Pallonji Mideast for the construction of 38 Crown Garden Villas, an exclusive collection of grand residences at Palm Crown on Palm Jumeirah.
DP World to develop strategic border facilities in Afghanistan
DP World has signed a landmark agreement with Afghanistan to develop and operate the country’s most important land border facilities at Torkham and Hairatan.
Maktoum bin Mohammed chairs DREC Board meeting
H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister, Minister of Finance, and Chairman of the Dubai Real Estate Corporation (DREC), chaired a meeting of the DREC Board of Directors, during which he reviewed the 2025 performance of Wasl Group.
For one morning only, you could host the UAE’s biggest radio show, The Kris Fade Show - live across the nation.
One of the most talked about comedians in the world takes over The Kris Fade Show. Watch the full interview here...
It arrived: The UAE's First Mega Music Festival at Expo City Dubai!
The boys tried their 'pick up' lines on Mais Vault and things did not go according to plan...
