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The economy was expected to grow 4–4.5% in 2013, compared to 2.3–3.5% over the previous five years. Since independence in 1971, UAE's economy has grown by nearly 231 times to AED1.45 trillion in 2013. The non-oil trade has grown to AED1.2 trillion, a growth of around 28 times from 1981 to 2012. [22]
Tourism is a major economic source of income in Dubai and part of the Dubai government's strategy to maintain the flow of foreign cash into the emirates. [19] The tourism sector contributed in 2017 about $41 billion to the GDP, making up 4.6% of the GDP, and provided some 570,000 jobs, accounting for 4.8% of total employment. [20]
Khaleej Times (India, Dubai) 7days ; 247 City News (Dubai) Dubai Standard (Dubai) Emirates Business 24/7 (Dubai) The Arabian Post (Dubai) Emirati Times; Latin&gulf; Khaleej Mag; Gulf Today (Sharjah) The National (Abu Dhabi) The Brew News; Sport360 (Dubai) Dubai.News (Dubai) XPRESS (Dubai) Arabic language. Al Khaleej (Sharjah) Akhbar Al Arab ...
The Abu Dhabi National Oil Company (Arabic: شركة بترول أبو ظبي الوطنية), known by its acronym ADNOC, is the state-owned oil company of the United Arab Emirates (UAE).
Sharjah Central Souq [2] (Arabic: السوق المركزي, romanized: Sūq al-Markazi) also known as the Blue Souk or Gold Souq [3] is the covered souq (market) located in King Faisal Street, Sharjah, United Arab Emirates, adjacent to the 'Smile You Are In Sharjah' roundabout and the Khaled Lagoon.
Disasters A major fire breaks out in Bombay House, a historic building in Mumbai, India, which serves as the headquarters of the Tata Group, resulting in at least three deaths. (Press Trust of India via IBN-Live) Thieves tapping a Pemex oil pipeline cause a diesel fuel spill south of Tijuana in Mexico. (Reuters) Two small planes (took off from Langley Regional Airport) collide mid-air near ...
Khaleej Times is a daily English language newspaper published in Dubai, United Arab Emirates. [2] [3] [4] Launched on 16 April 1978, Khaleej Times is the UAE's ...
Marmore's 2015 economic research on the rollback of fuel subsidies in Kuwait estimated that the "fuel price increases may escalate costs facing the Kuwaiti construction industry by about 1% of GDP," [5] Marmore's report on the fiscal breakeven oil price flagged the large differences in estimation that can stem from whether investment income is ...