“For the first time in its history”: UAE non-oil foreign trade crosses $1 trillion | World News

[ad_1] UAE non-oil trade crossed $1 trillion in 2025, achieving 95 percent of 2031 targets early/Image: X The United Arab Emirates has recorded a landmark year for non-oil trade, crossing the $1 trillion mark for the first time and reaching economic targets set for the next decade well before schedule. Reviewing the latest foreign trade […]

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GCC GDP 2024: Real and nominal figures differ, but both show non-oil sectors make up over 70% | World News

[ad_1] In 2024, non-oil sectors made up 77.9% of nominal GDP and 70.6% of real GDP across the GCC/ Image: FIle The Gulf Cooperation Council (GCC) economies showed steady growth in 2024, with rising contributions from non-oil sectors offsetting a decline in oil output. Real GDP rose 3.3% in the fourth quarter, backed by strong […]

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UAE: Abu Dhabi’s non-oil foreign trade sees record 35% jump, reaching AED195.4 bn in H1 2025 | World News

[ad_1] Abu Dhabi’s non-oil foreign trade grew 34.7% in H1 2025, up from AED145 billion during the same period in 2024/ Representative image Abu Dhabi’s non-oil trade sector delivered a standout performance in the first half of 2025, driven by a robust surge in exports, steady growth in imports, and a rise in re-exports. The […]

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Saudi Arabia’s Q2 2025 budget: Non-oil revenues jump 7%, now nearly half of all government income | World News

[ad_1] The non-oil revenue growth helped soften the blow of a 29% drop in oil income, easing pressure on Saudi Arabia’s Q2 2025 budget deficit/ Image: Saudi Arabia Ministry of Finance In a significant financial development for Saudi Arabia, non-oil revenues in the second quarter of 2025 rose sharply by 7 percent, reaching SR149.861 billion […]

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