The rebound followed a slow first quarter and was driven by value-conscious buyers, festive spending and solid economic momentum
Dubai’s performance through 2024 and into Q1 2025 reflects the continued momentum towards achieving the goals of the Dubai Economic Agenda D33, said the DEDC CEO
In addition to the rise in gold holdings, the CBUAE reported robust growth in various categories of banking deposits
The UAE has reported consistent record-breaking non-oil trade performance for several years, underpinning its efforts to position itself as a global hub
Mobile service revenues rose 7.4 per cent year-on-year to Dhs1.7bn, supported by a growing customer base
The rebound in gold-backed exchange-traded funds (ETFs) was the standout driver, with investment demand more than doubling to 552 tonnes