OPEC forecasts growth of the UAE economy as real estate, tourism, and manufacturing thrive The UAE economy continues to demonstrate robust growth, particularly within non-oil sectors such as real estate, tourism, and manufacturing, according to the Organisation of the Petroleum Exporting Countries (OPEC). In its Monthly Oil Market Report (MOMR) for August 2024, housing, water, electricity, gas, and...
The project, part of Dubai’s expanding real estate landscape, will see the Belgian company undertake dredging, land reclamation, beach profiling, and sand placement. Nakheel, part of Dubai Holding Real Estate, has awarded a contract worth AED810 million ($221 million approximately) to Jan De Nul Dredging LTD for marine works on Palm Jebel Ali. The project, part of Dubai’s expanding real estate...
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