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    GCC budget spending estimated at $542.1 billion for 2025: GCC-STAT

    GCC budget spending estimated at $542.1 billion for 2025: GCC-STAT

    5 hours ago

    The Statistical Centre for the Cooperation Council for the Arab States of the Gulf (GCC-STAT) has estimated that government revenues in 2025 totalled US$487.8 billion, while expenditures reached US$542.1...

    RTA registers 16% rise in digital revenues reaching Dhs4.4b in 2024

    RTA registers 16% rise in digital revenues reaching Dhs4.4b in 2024

    04 May 2025

    Dubai’s Roads and Transport Authority (RTA) has achieved a 16% growth in digital revenues for 2024, reaching Dhs4.427 billion compared to the previous year. The total number of transactions...

    UAE tourism earns Dhs45b in hotel revenues

    UAE tourism earns Dhs45b in hotel revenues

    07 Apr 2025

    Inayat-ur-Rahman, Business Editor Abdulla Bin Touq Al Marri, Minister of Economy and Chairman of the Emirates Tourism Council, highlighted the continued growth and robust performance of the UAE’s tourism...

    VAT, Excise Tax revenues hit Dhs173.6 billion till 2023

    VAT, Excise Tax revenues hit Dhs173.6 billion till 2023

    14 May 2024

    Younis Haji Al Khouri, Under-Secretary of the Ministry of Finance (MoF), announced that total revenues collected from Value-Added Tax (VAT) and Excise Tax at both the federal and local levels...

    WB raises forecast for UAE’s real GDP growth to 3.9 per cent in 2024

    WB raises forecast for UAE’s real GDP growth to 3.9 per cent in 2024

    15 Apr 2024

    The World Bank has raised its forecast for the UAE’s real GDP growth to 3.9% in 2024, compared to its previous forecast in January of 3.7%. In an economic update...

    Renault revenues rise 30% in 1st quarter

    Renault revenues rise 30% in 1st quarter

    20 Apr 2023

    French car maker Renault said on Thursday revenues had grown by 30 per cent in the first quarter thanks to a rebound in sales and higher prices. Boosted by the...

    DC completes 25.7 million transactions

    DC completes 25.7 million transactions

    22 Jan 2023

    Dubai Customs (DC) completed 25.7 million customs transactions in 2022, while maintaining the highest levels of security at the emirate’s borders. Dubai Customs also made 2,147 seizures. Being the oldest...

    India GDP growth slows in third quarter as exports fall

    India GDP growth slows in third quarter as exports fall

    30 Nov 2022

    India posted annual economic growth of 6.3% in its July-September quarter, less than half the 13.5% growth in the previous three months as distortions caused by COVID-19 lockdowns faded in...

    UAE is fast-tracking low-carbon economic growth, says Al Jaber

    UAE is fast-tracking low-carbon economic growth, says Al Jaber

    29 Mar 2022

    The UAE is fast-tracking low-carbon economic growth to deliver new jobs, new industries and new revenue streams, according to Dr. Sultan Bin Ahmed Al Jaber, Minister of Industry and Advanced...

    Etisalat AGM approves record total dividend of Dhs1.20 per share for 2020

    Etisalat AGM approves record total dividend of Dhs1.20 per share for 2020

    18 Mar 2021

    At Etisalat’s Annual General Meeting (AGM), shareholders have backed the board’s recommendation to pay full-year 2020 dividends of 80 fils per share, approved the cancellation of the share buyback...

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