Tag : non-oil economy

Business

UAE economy extends global rise on strong 2026 data

manamalive.com
ABU DHABI: The United Arab Emirates entered 2026 with a strong run of official economic data showing broad-based expansion across non-oil activity, trade, banking and investment, reinforcing its position as one of the region’s fastest-growing economies....
Saudi Arabia’s non-oil economy grows 4.9% in second quarter of 2024
Business

Saudi Arabia’s non-oil economy grows 4.9% in second quarter of 2024

manamalive.com
MENA Newswire News Desk: Saudi Arabia’s non-oil activities surged by 4.9% year-on-year in the second quarter of 2024, propelled by robust growth in the financial and insurance sectors, according to the General Authority for Statistics (GASTAT)....
World Bank predicts 4.8 percent expansion in UAE's non-oil sector in 2023
Business

World Bank predicts 4.8 percent expansion in UAE’s non-oil sector in 2023

manamalive.com
The World Bank has released its projection stating that the United Arab Emirates (UAE) is expected to experience a robust growth of 4.8% in its non-oil sector in 2023, contributing to an overall GDP growth...