Thursday 24 April 2025
 
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Economic impact

DWTC’s economic output tops $3.5 billion in 2022

The total economic output of Dubai World Trade Centre’s (DWTC) across 63 large-scale events reached AED13 billion ($3.53 billion) during 2022, of which a substantive AED7.4 billion was retained within the local economy, a report said.

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Covid-19 catch-up: Ten weeks that stopped the world

With half the world’s population in lockdown, governments and central banks have responded with unprecedented fiscal and monetary measures, says an industry expert, noting that the first quarter saw a brutal collapse in economic activity.

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Coronavirus shutdowns ‘to hit near-term growth’

Some politicians have referred to the Covid-19 pandemic as a war against an invisible enemy. Financial markets have reacted to the spread of the virus with sell-offs and drying up liquidity that looks similar to the reactions seen at the start o

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