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Asia-Pacific 'set to drive global tourism growth'

Over the next decade, the Asia-Pacific region is expected to drive global growth in travel and tourism. The sector is projected to grow to $5.8 trillion, with its contribution to GDP rising from 8.7% to 11.2%. Liz Ortiguera, Managing Di

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Asia-Pacific 'set to drive global tourism growth'

Over the next decade, the Asia-Pacific region is expected to drive global growth in travel and tourism. The sector is projected to grow to $5.8 trillion, with its contribution to GDP rising from 8.7% to 11.2%. Liz Ortiguera, Managing Di

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Saudi non-oil GDP growth strong, up 4.9pc in Q2

The non-oil GDP growth in Saudi Arabia remains strong in the second quarter, recording a 4.9% increase year-on-year, according to Al Rajhi Capital Research, a leading financial services company in Saudi Arabia.  

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Saudi non-oil GDP growth strong, up 4.9pc in Q2

The non-oil GDP growth in Saudi Arabia remains strong in the second quarter, recording a 4.9% increase year-on-year, according to Al Rajhi Capital Research, a leading financial services company in Saudi Arabia.  

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AI to contribute $100bn to UAE’s GDP by 2030: Astra Tech

AI is projected to have a transformative impact on the UAE's economy, contributing up to 14% of its GDP by 2030, which is equivalent to approximately $100 billion (AED367 billion).   This is according to Abda

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UAE construction activities record 6.2% growth in Q1

Construction and building activities in the UAE experienced a growth rate of 6.2 percent during the first quarter of this year compared with the same period last year, according to the preliminary estimates issued by the Federal Competitivenes

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UAE GDP tops $117bn in Q1; 3.4% increase

The UAE's real GDP reached AED430 billion ($117.07 billion) in Q1 2024, recording a remarkable growth of 3.4 percent compared to the same period in 2023, according to the preliminary estimates issued by the Federal Competitiveness and Stat

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UAE GDP tops $117bn in Q1; 3.4% increase

The UAE's real GDP reached AED430 billion ($117.07 billion) in Q1 2024, recording a remarkable growth of 3.4 percent compared to the same period in 2023, according to the preliminary estimates issued by the Federal Competitiveness and Stat

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Tourism sector driving UAE GDP growth

The UAE's tourism sector contributed 11.7% of the UAE’s GDP in 2023, totalling AED220 billion ($60 billion), and is expected to rise to 12% or AED236 billion in 2024, as the emirate continues to record remarkable performance in interna

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Tourism sector driving UAE GDP growth

The UAE's tourism sector contributed 11.7% of the UAE’s GDP in 2023, totalling AED220 billion ($60 billion), and is expected to rise to 12% or AED236 billion in 2024, as the emirate continues to record remarkable performance in interna

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