The International Monetary Fund (IMF) has raised its economic growth forecast for the Middle East and North Africa this year, despite a gloomy global prediction. The regional economy is now expected to grow by 3.4%, up from 3.1% in April. Globally, growth is forecast at 3.1%, compared to 3.2% three months ago. IMF largely blames the negative outlook on Brexit, saying the financial and oil markets started recovering earlier this year, under the assumption that the UK would remain in the EU.
UAE's GDP grows by 4% in 2024 to AED 1.77 trillion
The UAE’s real GDP touched AED1.77 trillion in 2024, marking a 4 per cent growth, with non-oil sectors accounting for 75.5 per cent of the national economy.
UAE pension authority announces penalty waivers for small private firms
The General Pension and Social Security Authority (GPSSA) has introduced an initiative to waive penalties for small private firms over delays in registering employees or processing end-of-service benefits.
Oil jumps nearly 9% after Israel's strikes on Iran
Oil prices jumped nearly 9 per cent on Friday to near multi-month highs after Israel launched strikes against Iran, sparking Iranian retaliation and raising worries about a disruption in Middle East oil supplies.
Abu Dhabi hotels generate AED 611 million in March revenue
Abu Dhabi’s hospitality sector continues to thrive, with hotel revenues hitting AED 611 million in March 2025.
Abu Dhabi plans next big business hub
KEZAD Group, one of the region's largest operators of economic zones, has announced plans for Abu Dhabi’s newest commercial destination – the KEZAD Business District.
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Pinoy Expat Corner
Welcome to Pinoy Bulletin, your go-to source for staying informed about important announcements, exciting group activities, community events, and job opportunities! Make sure to tune in every weekdays to Tag Gising Na from 5AM - 10 AM for a comprehensive roundup of important updates.
Pinoy Expat Corner
Welcome to Pinoy Bulletin, your go-to source for staying informed about important announcements, exciting group activities, community events, and job opportunities! Make sure to tune in every weekdays to Tag Gising Na from 5AM - 10 AM for a comprehensive roundup of important updates.
Pinoy Expat Corner
Welcome to Pinoy Bulletin, your go-to source for staying informed about important announcements, exciting group activities, community events, and job opportunities! Make sure to tune in every weekdays to Tag Gising Na from 5AM - 10 AM for a comprehensive roundup of important updates.
