Dubai’s economy will grow by 2.4 per cent this year.
That's according to the latest S&P Global Ratings, which found that increased economic activity connected to Expo 2020 Dubai will drive the growth.
The US-based financial information and analytics company also revealed that the boost will mainly come from the construction and real estate sectors.
S&P said that trade and transportation will lead the emirate's economy after Expo 2020 Dubai is over.
Business leaders affirm strength of Dubai's diversified economic model
Leaders of Business Groups operating under the Dubai Chamber of Commerce say the emirate continues to build on a strong and resilient economic model, driven by diversification, close public-private sector collaboration, and the ability to respond quickly to global change.
WTO advances world’s first digital trade rules despite opposition
A group of World Trade Organisation members agreed on Saturday to sidestep adoption hurdles for the world's first baseline on digital trade rules, opting to bring the agreement into force among consenting participants, the WTO said.
Abu Dhabi boosts transparency, governance in real estate sector
Abu Dhabi’s Department of Municipalities and Transport has issued a package of administrative decisions to strengthen transparency, governance and investor protection across the real estate sector.
Dr. Sultan Al Jaber dedicates leadership award to UAE President, frontline workers
Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, ADNOC Managing Director and Group CEO, and Executive Chairman of XRG, has received the 2026 Distinguished Global Leadership Award from the Washington D.C.-based Middle East Institute (MEI).
Dubai achieves highest-ever ranking in Global Financial Centres Index
Dubai has achieved its highest ever ranking in the Global Financial Centres Index (GFCI), climbing to seventh place, underscoring the emirate’s rise as one of the world's most influential financial hubs and its importance in the global financial system.
