The report published by the US Energy Information Administration (EIA) says LNG export capacity expanded primarily in the United States, Mozambique, Russia, Indonesia, Norway, and Oman. In the United States, Freeport LNG…
Tag: grow
UAE economy to grow 3.9% in 2024, central bank projects
Abu Dhabi: The UAE economy grew 3.6 per cent in 2023, the central bank said in its annual report on Thursday, and projected overall output growth at 3.9 per cent in 2024….
CEO of WTTC expects global travel and tourism sector to grow by about $15 trillion over next decade
She specifically commended the UAE’s involvement in the WTTC’s Hotel Sustainability Basics programme, which ensures that hotels adhere to basic sustainability standards, enabling travelers to make informed decisions based on a hotel’s…
China's COMAC to expand Shanghai C919 plane factory as orders grow
AVIC-APC said the project was in Pudong, Shanghai, and had a total construction area of 330,000 square meters. COMAC is headquartered in Shanghai. “The completion of the project will meet the future…
Jordan's Arab Bank Group Q1-2024 profits grow by 17% to $252.8 million
Arab Bank Group, Jordan’s biggest lender, reported solid results for the first quarter of 2024. Net income after tax increased 17 per cent to $252.8 million, compared to $216.3 million for the…
UAE’s GDP to grow by 4.2% in 2024, rising to 5.2% in 2025
The Central Bank noted that the UAE’s consolidated fiscal balance for the first nine months of 2023 posted a surplus of Dh61 billion, equivalent to 4.4 per cent of GDP, with total…
UAE economy expected to grow by 3.8% in 2025: World Bank
The report said that the growth rate in the Middle East and North Africa (MENA) region slowed down sharply to 1.9 percent in 2023, as the region faced multiple headwinds, including oil…