#2024 highlights
The UAE ranked 11th globally in merchandise exports and 13th in services exports last year
Non-oil exports surged 16 per cent year-on-year to Dhs107.8bn in 2024, compared to Dhs93bn in the previous year
The non-oil sector has remained the primary engine of economic growth, with its added value reaching Dhs644.3bn in 2024.
Operating income was at an all-time high at EUR835m with sales up as the sports car maker delivered 10,687 cars globally
The group will launch several mixed-use real estate projects in the UAE while remaining focused on the timely execution of projects in hand
Parkin’s total revenue for Q4 2024 surged 30 per cent year-on-year to Dhs265m, driven by increased parking transactions and expanded space capacity
e& UAE continued its strong growth, surpassing 15 million subscribers, an increase of 5.4 per cent compared to the previous year
DIFC is set to open a new Funds Centre in 2025, offering dedicated space for investment managers to raise capital and expand their operations
Total turnover for the year surpassed Dhs6.63bn, marking an 11 per cent growth from Dhs6bn in 2023
The main driver of this growth was Zayed International Airport (AUH), which saw the introduction of 29 new routes, expanding its network to over 125 destinations
FAB’s capital and liquidity positions remained strong, with a common equity tier 1 (CET1) ratio of 13.7 per cent and a liquidity coverage ratio (LCR) of 142 per cent
AD Ports Group continued its focus on digital transformation in 2024 with the acquisition of a 60 per cent equity stake in Dubai Technologies
The report highlights that the sharp decrease in deal-making and exits over the past two years has largely plateaued in the early part of 2024