Dubai’s economy continued to maintain its strong upward momentum in the first half of 2025, with the emirate’s GDP growing 4.4 percent to reach AED241 billion ($65.62 billion) in the first half of the year. In the second quarter alone, Dubai’s GDP climbed 4.7 percent to AED122 billion ($33.22 billion).
Relentless optimism surrounding artificial intelligence (AI) continues to propel global markets, even as political and fiscal uncertainty dominates headlines in the United States, Europe, and the United Kingdom, according to a recent research note from Barclays.
The Artificial Intelligence market in UAE is poised for solid growth over the next few years and is set to hit AED170 billion ($46.3 billion) by 2030, thanks to the backing from sovereign funds and policies like Strategic Plan 2031 leading the way, said a new report.
Amid a rapidly shifting global landscape defined by geopolitical uncertainty, climate change and tech disruption, Generative AI and innovation-led 'Engine 2' business models are emerging as major drivers of resilience across the region, says a new study.
Amid a rapidly shifting global landscape defined by geopolitical uncertainty, climate change and tech disruption, Generative AI and innovation-led 'Engine 2' business models are emerging as major drivers of resilience across the region, says a new study.
The UAE’s economy is expected to grow by 4.8% in 2025 and the growth rate will rise to about 5% in 2026, according to the International Monetary Fund (IMF).
Global economic output is forecast to grow by 2.7 per cent in 2026, slightly below the 2.8 per cent estimated for 2025 and well below the pre-pandemic average of 3.2 per cent, according to the World Economic Situation and Prospects 2026, released by the United Nations on Thursday.
BCD Global, a leading Indian multinational group with interests in real estate development, construction and finance, has announced its foray into the Middle East, naming Dubai as its regional headquarters as it accelerates its next phase of global growth.
Bahrain has recorded real economic growth of 4% at constant prices and 4.5% at current prices during the third quarter of 2025 on an annual basis, said a report. The kingdom's non-oil GDP surged by 3.1% at constant prices and 4.9 % at current prices for the three-month period.
Saudi banks’ credit profiles remain solid, with financial metrics displaying lower sensitivity to economic downturns than most GCC peers, underpinned by still-high government spending, ongoing economic diversification, said Fitch Ratings in a new report.
