Non-Oil Sector
- Business

GCC Economy Set to Rebound with $3.2 Trillion Growth in 2025 Driven by Oil Recovery and Non-Oil Expansion
The GCC’s rebound is expected to be fueled by the phasing out of OPEC+ oil production cuts and continued expansion…
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UAE’s Non-Oil Sector Expands as PMI Remains Strong in Early 2025
Business activity and new orders increased significantly, fueled by favorable conditions and reduced cost pressures The UAE’s non-oil private business…
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UAE Non-Oil Private Sector Posts Strongest Growth in Nine Months, Driven by Demand
PMI data shows non-oil sector is in a strong position for growth in 2025 The UAE non-oil private sector expanded…
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UAE’s non-oil sector activity grows at fastest pace since April
S&P Global UAE Purchasing Managers’ Index for October rises to 54.1 The pace of growth in UAE non-oil companies improved…
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Dubai unveils largest budget for next three years with spending of $74bn
Emirate to focus on infrastructure as it looks to manage population boom Dubai has unveiled its largest government budget for…
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UAE’s commercial property records highest demand in a decade on economic boom
Dubai’s top business districts, including Jumeirah Lakes Towers, DIFC, Business Bay and Downtown, attract interest from companies The UAE’s commercial…
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UAE considers 10-year ‘golden license’ to boost business
Proposed long-term commercial licences will instil confidence among investors, analysts say The UAE government is contemplating a proposal to introduce…
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GCC real estate sector to grow with projects worth $1.68 trillion in 2024
GCC infrastructure supports economic diversification and bolsters real estate activity The real estate sector in the Gulf Cooperation Council (GCC)…
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Bahrain’s Golden License attracts $2.4 billion in investment and 3,000 jobs from nine projects
Bahrain’s Golden License aims to drive business attraction and economic growth Bahrain has recently announced significant investment growth resulting from…
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Saudi telecommunications companies record profits of $1.5 billion
Driven by increase in subscriptions and digital bank initiatives Telecommunications companies listed on the Saudi Exchange (Tadawul) achieved a profit…
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