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.
Dubai Duty Free boss to retire after 41 years
After 55 years in the travel retail industry and 41 at the helm of Dubai Duty Free (DDF), Colm McLoughlin, Executive Vice Chairman & CEO has announced that he is stepping down from his role on May 31, 2024.
Sharjah airport welcomes over 4 million passengers
More than 4.2 million passengers travelled through Sharjah Airport in the first quarter of 2024, marking a 10 per cent year-on-year increase.
DXB on track to surpass 90 million passengers in 2024
His Highness Sheikh Ahmed bin Saeed Al Maktoum, President of Dubai Civil Aviation Authority (DCAA), Chairman of Dubai Airports, and Chairman and Chief Executive of Emirates Airline and Group, says he expects passenger traffic at Dubai International Airport to exceed 90 million by the end of this year.
Apple unveils AI-focused chip in upgraded iPad Pro
Apple on Tuesday introduced a new chip called the M4 that it said would outclass personal computers designed for artificial intelligence - but put the new chip in an iPad Pro model rather than a laptop.
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