UAE's non-oil business sector has experienced fluctuating growth in recent months, as indicated by the Purchasing Managers' Index (PMI). While some periods showed robust expansion and increased hiring, others revealed a slowdown in demand, competitive pressures, and challenges in meeting sales targets, painting a mixed picture of the economic landscape. Navigating The Peaks And Valleys Of UAE's Non-Oil...

The UAE's electric vehicle market is experiencing significant growth, marked by the entry of new international car manufacturers and substantial advancements in charging infrastructure. This expansion is driven by strong government support and increasing consumer interest, positioning the UAE as a key player in the global shift towards sustainable transportation. Key Takeaways The UAE's EV market is...

President Donald Trump's recent Middle East tour concluded with significant economic agreements, particularly with the United Arab Emirates. These deals, focusing on AI, energy, and manufacturing, are projected to inject trillions into the U.S. economy and solidify the UAE's position as a global AI hub. The visit also highlighted the Trump family's expanding business interests in the region. Trump Secures...

Google's $5.9 Billion Impact: Fueling UAE's AI-Powered Economic Growth in 2024 Google significantly bolstered the UAE economy in 2024, contributing an estimated AED 21.8 billion (over $5.9 billion). This substantial impact, highlighted in Google's Economic Impact Report, underscores the pivotal role of Google's AI-powered tools and platforms in enhancing productivity, fostering business growth, and...

UAE Non-Oil Sector Navigates Fluctuating Growth Amidst Global Headwinds The UAE's non-oil business sector has experienced a dynamic period of growth, marked by both robust expansion and notable slowdowns across various months. Recent Purchasing Managers' Index (PMI) reports indicate a mixed landscape, influenced by factors such as demand fluctuations, competitive pressures, and global trade...

Dubai, UAE – In a significant move to bolster its position as a global business hub, Meydan Free Zone has unveiled 'Fawri,' a revolutionary digital platform designed to drastically simplify and accelerate the business setup process. This initiative promises to issue complete business licenses in a mere 60 minutes, setting a new benchmark for entrepreneurial efficiency in the region. Revolutionizing...

President Donald Trump's recent Middle East tour concluded with significant business deals, particularly with the UAE. These agreements, spanning various sectors from AI to energy, highlight deepening economic ties and raise questions about potential conflicts of interest given the Trump family's expanding business ventures in the region. Trump's Middle East Diplomatic and Business Blitz President Donald...

Google has made a substantial economic impact on the UAE in 2024, contributing over $5.9 billion (AED 21.8 billion) to the economy. This significant contribution is attributed to the widespread adoption of Google's AI-powered tools and platforms, which have boosted productivity, created jobs, and fostered economic growth across various sectors. Google's Economic Footprint in the UAE Google's Economic...

The UAE's non-oil private sector experienced a notable slowdown in growth during May, reaching its weakest pace in nearly four years. This follows a period of mixed performance, with robust expansion earlier in the year, steady growth in April, and a moderation in March. The deceleration in May is attributed to competitive pressures and the impact of US tariffs, despite continued strong demand. UAE Non-Oil...

The United Arab Emirates' non-oil private sector experienced a slowdown in growth during March, as indicated by the latest Purchasing Managers' Index (PMI) survey. This moderation suggests a softening in demand momentum within the Gulf region's most diversified economy, with new order growth decelerating for the third consecutive month. UAE Non-Oil Sector Growth Moderates in March Growth in the UAE's...