The UAE’s trade in telecommunication services rose by 4.3 percent in 2024, reaching AED10.2 billion, up from AED9.8 billion in 2023, according to data released by the Federal Competitiveness and Statistics Centre (FCSC).
The growth was driven largely by a strong fourth-quarter performance, which saw a 12.95 percent year-on-year increase, with telecom trade reaching AED2.70 billion for the quarter - the highest among the four quarters.
Telecom service exports increased by 6.49 percent to AED4.9 billion in 2024, while imports rose by 2.38 percent to AED5.3 billion.
Quarterly trade distribution showed the fourth quarter accounted for 26.45 percent of the annual total, followed by Q3 at 25.34 percent (AED2.59 billion), Q2 at 25.05 percent (AED2.56 billion) and Q1 at 23.17 percent (AED2.37 billion).
This performance highlights the telecom sector’s vital role in supporting the UAE’s digital economy, the growth of e-commerce and the ongoing development of technological infrastructure.
FCSC, affiliated with the Ministry of Cabinet Affairs, is tasked with enhancing the UAE’s global competitiveness, statistical systems and data-driven development in line with the UAE Centennial Plan 2071.
Air Canada's unionised flight attendants walked off the job early on Saturday morning after pay talks with the country's largest carrier stalled, in a move that is expected to disrupt travel plans for more than 100,000 passengers.
Dubai recorded a GDP of AED119.7 billion in the first three months of the year, marking a 4 per cent growth during the same period last year, driven by strong performances and expansion across various sectors.
Salik has posted AED 1.527 billion in revenue for the first half of the year, marking 39.5 per cent in growth driven by the introduction of variable pricing at the end of January and two new toll gates last November.
The United States and China have extended a tariff truce for another 90 days, staving off triple-digit duties on each other's goods as US retailers get ready to ramp up inventories ahead of the critical end-of-year holiday season.
Abu Dhabi Airports has reported double-digit passenger traffic growth for a 17th consecutive quarter as well as strong flight movement and cargo growth in the first half of 2025.
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Make sure to tune in every weekdays to Tag Gising Na from 5AM - 10 AM for a comprehensive roundup of important updates.
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.