Non-oil sectors lead surge in UAE GDP
Khaleej Times|December 30, 2024
The UAE economy expanded by 3.6 per cent during the first half of 2024 as the country's total GDP reached Dh879.6 billion, led by non-oil sectors such as transportation, construction, and ICT.
Waheed Abbas
Non-oil sectors lead surge in UAE GDP

According to figures released by the Federal Competitiveness and Statistics Centre (FCSC) on Sunday, the non-oil sector grew 4.4 per cent year-on-year to Dh660 billion during the January-June 2024 period, strengthening the country's position as a fast-growing global economic powerhouse. The non-oil sector's contribution to the country's GDP reached 75 per cent.

The value of the UAE's nominal GDP (at current prices) amounted to about Dh981 billion during the first half of 2024, recording a growth of 5.6 per cent, while the value of non-oil GDP at current prices increased during the same period to about Dh749 billion, with a growth rate of 6.8 per cent.

Abdullah bin Touq AI Marri, Minister of Economy, said the strong performance of non-oil sectors during the first half of 2024 reflected the vitality of the national economy and its ability to invest in promising opportunities in various fields.

この記事は Khaleej Times の December 30, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Khaleej Times の December 30, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

KHALEEJ TIMESのその他の記事すべて表示
Swift helps raise UK music sales to new record
Khaleej Times

Swift helps raise UK music sales to new record

UK music sales reached a record high in 2024 thanks to massive streaming and increased vinyl purchases of hits by top artists, notably Taylor Swift, an industry body revealed on Wednesday.

time-read
1 min  |
January 10, 2025
Folk singer Peter Yarrow of Peter, Paul and Mary dies at 86
Khaleej Times

Folk singer Peter Yarrow of Peter, Paul and Mary dies at 86

American singer and songwriter Peter Yarrow, who found fame with the 1960s folk music trio Peter, Paul and Mary, died on Tuesday at the age of 86, his publicist said.

time-read
1 min  |
January 10, 2025
Raspy-voiced hit machine Rod Stewart turns 80
Khaleej Times

Raspy-voiced hit machine Rod Stewart turns 80

Singer Rod Stewart, who helped British rock conquer the world with a string of megahits, turns 80 on Friday with no plans to slow down.

time-read
2 分  |
January 10, 2025
Khaleej Times

UAE banks to remain on stable path this year

UAE banks are on a stable path heading into 2025, reflecting their strong performance deriving from improved asset quality, significant lending growth, and still high profitability, a report said on Thursday.

time-read
2 分  |
January 10, 2025
Sky Force's first song Maaye out
Khaleej Times

Sky Force's first song Maaye out

The much-awaited song Maaye from Akshay Kumar's upcoming historical action thriller Sky Force has been re-leased.

time-read
1 min  |
January 10, 2025
Armaan Malik, Aashna Shroff make first public appearance post wedding
Khaleej Times

Armaan Malik, Aashna Shroff make first public appearance post wedding

Singer Armaan Malik and his wife, influencer Aashna Shroff, were spotted at the Mumbai airport for the first time after their wedding in December last year.

time-read
1 min  |
January 10, 2025
Girish Malik on Band of Maharajas at the Oscars
Khaleej Times

Girish Malik on Band of Maharajas at the Oscars

The Oscars are slotted for a March ceremony this year. A couple of Indian films may be headed to the awards this year, under several categories. Recently, The Academy of Motion Picture Arts and Sciences revealed the \"reminder list\", and it includes the name of director Girish Malik's film Band of Maharajas among several others.

time-read
1 min  |
January 10, 2025
Khaleej Times

Gold hits four-week peak amid Trump concerns

Gold prices rose to a near four-week high on Thursday, supported by safe-haven demand, while investors weighed how US President-elect Donald Trump's policies would impact the economy and inflation.

time-read
1 min  |
January 10, 2025
Frshar Mail set to redefine secure communication, data privacy
Khaleej Times

Frshar Mail set to redefine secure communication, data privacy

Frshar Mail, an innovative e-mail programme, looks set to redefine secure communication and data privacy by addressing the vulnerabilities that plague mainstream platforms.

time-read
1 min  |
January 10, 2025
Borders Bookstore celebrates inspirational journey of Lord Rami Ranger
Khaleej Times

Borders Bookstore celebrates inspirational journey of Lord Rami Ranger

Borders Bookstore at Mall of the Emirates hosted an extraordinary book signing event on January 2, 2025, featuring Lord Rami Ranger to celebrate the launch of the revised edition of his inspirational autobiography, From Nothing to Everything. The event was a remarkable success, drawing a large audience of readers, business enthusiasts, and admirers eager to meet the distinguished author.

time-read
1 min  |
January 10, 2025