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Hotel revenues still $83bn below 2019 levels: studyThe revenues of the global hotel industry are expected to grow by 43.4% year-over-year and reach $284.7 billion in 2021, still $83 billion less than in 2019, according to data presented by More… |
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Oman’s GDP growth falls by 4.3% in 2019: reportOman’s GDP at current prices declined by 4.3 per cent in 2019 as a result of the decrease in the value added of oil activities by 8.4 per cent and a decrease in non-oil activities by 1.5 per cent, said the National Centre for Statistics an More… |
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UAE oil reserves reach 97.8bn barrels in 2019The UAE’s overall crude oil reserves reached 97.8 billion barrels in 2019, according to figures released today by the Federal Competitiveness and Statistics Authority (FCSA). The figures showed that the country's product More… |
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Power output in Abu Dhabi hit 85GWh in 2019Abu Dhabi Department of Energy (DoE) has reported that Abu Dhabi’s energy sector’s total electricity generation reached 85 Gigawatt hours, GWh, in 2019 - an increase of 1.33 percent from 2018. The department, which is More… |
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Auto loans in UAE down 7.6% in 2019Auto loans declined by 7.6 percent while property financing increased 2.9 percent during 2019, according to the statistics of the Central Bank of the United Arab Emirates (CBUAE). The apex bank's figures indicated a drop of 2. More… |
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UAE’s aircraft, spaceship trade tops $7.6bn in 2019The value of the UAE’s trade in aircraft and spaceships amounted to AED28.2 billion ($7.67 billion) in 2019, reflecting its leading position in these sectors in the region, according to the Federal Competitiveness and Statistics Authority. More… |
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Saudi Arabia sees 7pc surge in 2019 FDI to $4.6bnInflows of foreign direct investment into Saudi Arabia have increased by 7% for a second consecutive year to reach $4.6 billion, more than three times the level recorded in 2017, said UNCTAD in a new report. The findings of the Un More… |
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Saudi Arabia sees 7pc surge in 2019 FDI to $4.6bnInflows of foreign direct investment into Saudi Arabia have increased by 7% for a second consecutive year to reach $4.6 billion, more than three times the level recorded in 2017, said UNCTAD in a new report. The findings of the Un More… |
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UAE’s non-oil trade hits $436 billion in 2019The total value of the UAE’s non-oil trade in 2019 grew 4.4 percent to AED1.603 trillion ($436 billion), compared to AED1.536 trillion in 2018, a media report said. All non-oil-related trade indexes in the UAE improved last More… |
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UAE’s non-oil trade hits $436 billion in 2019The total value of the UAE’s non-oil trade in 2019 grew 4.4 percent to AED1.603 trillion ($436 billion), compared to AED1.536 trillion in 2018, a media report said. All non-oil-related trade indexes in the UAE improved last More… |
