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.
China, Pakistan aim to revamp economic corridor, Gwadar port
China and Pakistan have reached a "new broad consensus" on deepening strategic ties to beef up development of a joint economic corridor and establish the port of Gwadar as a regional connectivity hub, the neighbours said on Tuesday.
H.H. Sheikh Mohammed reviews UAE tourism sector achievements for 2025
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has highlighted the UAE's strong performance in the tourism sector by unveiling a record 9.7 per cent growth in hotel revenues in 2025.
UAE outlines vision for low-emission hydrogen economy at World Hydrogen Summit
The UAE's Ministry of Energy and Infrastructure has participated in the World Hydrogen Summit & Exhibition in Rotterdam, a leading international platform bringing together policymakers, experts and industry leaders to discuss the future of hydrogen and sustainable energy systems.
India, US discuss trade as Rubio cites progress on Iran conflict
US Secretary of State Marco Rubio held talks with Indian Foreign Minister Subrahmanyam Jaishankar on Saturday, as the two sides discussed trade, visas, maritime security and energy supplies, while Washington cited progress on efforts to resolve the Iran conflict.
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