World Bank projects steady growth for GCC in 2025
The GCC is expected to see moderate economic growth in 2025, with the World Bank forecasting a regional average of 3.2%, rising to 4.5% in 2026.
The GCC is expected to see moderate economic growth in 2025, with the World Bank forecasting a regional average of 3.2%, rising to 4.5% in 2026.
The Abu Dhabi Securities Exchange (ADX) recorded a 99.5% year-on-year increase in foreign net investment, reaching $3.7bn in the first half of 2025, up from $1.86bn during the same period in 2024.
The Dubai Chamber of Commerce reported a surge in new member companies during Q1 2025, with Indian-owned businesses topping the list. A total of 4,543 Indian companies joined the Chamber, reflecting a 4.4% year-over-year growth and reinforcing India’s position as Dubai’s largest foreign business community. Pakistan ranked second with 2,154 new members, followed by Egypt
The Dubai Chamber of Commerce announced that member exports and re-exports reached $23.4bnin Q1 2025, marking a 16.8% year-over-year growth.
Foreign direct investment (FDI) into the UAE soared to $45.5bn in 2024, marking a 48% increase from the previous year, according to a new report by the United Nations Conference on Trade and Development (UNCTAD).
Google contributed over $5.9bn to the UAE economy in 2024 with its AI-powered tools enhancing productivity across businesses and individuals, while supporting the nation’s digital transformation. The Android and Google Play ecosystem supported 30,000 local jobs, reflecting Google’s broader impact on employment, innovation, and entrepreneurship and its role in supporting the UAE’s ambition to become
The Central Bank of the UAE (CBUAE) has signed a Memorandum of Understanding (MoU) with China’s Cross-Border Interbank Payment System (CIPS) to enhance cooperation in cross-border payment infrastructure.
The UAE has strengthened its collaboration with Germany in science, innovation and advanced technology following a series of high-level meetings in Berlin.
The World Bank has projected that economic growth in GCC countries will rise to 3.2% in 2025, with 4.5% in 2026 and 4.8% in 2027. The latest Global Economic Prospects report also highlights a regional rebound in the wider MENA region.
Abu Dhabi Global Market (ADGM) recorded a 33% year-on-year increase in assets under management during Q1 2025, reflecting strong investor confidence and the continued success of its strategic initiatives.
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