Browsing: gdp

Fed officials through much of their battle with a pandemic-driven breakout of inflation said they thought it would take a period of below-trend growth to really bring price pressures into line

DUBAI – The United Arab Emirates (UAE) economy grew 3.3% in the first nine months of 2023, preliminary GDP data from the Federal Competitiveness and Statistics Centre showed on Thursday.

This increase is attributed to the rise in oil activities by 0.4 per cent percent to OMR12.4 billion by the end of the fourth quarter of 2023

With the majority of the projects being delayed during 2023, oversupply is projected to exceed 2 million sq m GLA, which may continue to put “downward pressure” on the performance of the commercial sector

MOSCOW, April 10. /TASS/. The Russian GDP may grow slightly above the current forecast in 2024, First Deputy Prime Minister Andrey Belousov told reporters on the sidelines of the Open Innovations forum.

LONDON: The global space economy is projected to expand to $1.8 trillion by 2035, marking a threefold increase from $630 billion in 2023, new research by the World Economic Forum has found.

For 2025, it predicted gross domestic product (GDP) in the eurozone’s third-largest economy would increase by 1.2 percent, compared to a previous forecast of 1.4 percent

Buoyed by a stronger-than-expected non-oil GDP growth in the UAE and Saudi Arabia, the Middle East economy remains robust, despite oil cuts and geopolitical turbulence, according to economists.

The non-oil sector, which expanded by 9.1% yet marginally down from 9.2% in 2022, was the main factor behind the 3.1% growth and was offset by a weaker performance from the oil sector

The UAE capital’s GDP reached AED1.14 trillion ($310 billion) in 2023, according to The Statistics Centre – Abu Dhabi.