Dubai continues to demonstrate economic resilience as its gross domestic product (GDP) experienced a commendable growth of 3.3% in the period spanning January to September 2023, according to data released by the state news agency WAM on Sunday.   In this impressive economic landscape, key sectors played pivotal roles in driving growth. Accommodation and food […]

In a determined move, the chemical industry is gearing up for a remarkable resurgence as it targets $35 billion in export revenues this year, signifying a robust 14 to 15 percent increase from the previous year’s figures, which saw a decline of 8.7 percent, amounting to $30.57 billion in export revenues.   Adil Pelister, President […]

In a notable economic update, President Maduro announced that Venezuela’s economy, which experienced a 5% growth in 2023, is set to reach an impressive 8% this year. This positive outlook comes amidst the country’s prolonged economic challenges, including triple-digit inflation and a significant emigration of millions seeking better opportunities abroad.   Although Venezuela’s inflation rate […]