Presidential Directive Orders Closure of Unofficial Prisons, Release of Unlawfully Detained Individuals
His Excellency President Dr. Rashad al-Alimi, Chairman of the Presidential Leadership Council and Supreme Commander of the Armed Forces, has issued a directive to shut down all unofficial prisons and detention centers in liberated governorates and to immediately release individuals held outside the legal framework.
Massive 7.0 Magnitude Earthquake Strikes Alaska, USA
A powerful 7.0 magnitude earthquake struck Alaska, USA, yesterday evening, according to the United States Geological Survey (USGS).
Turkey's exports to neighboring countries exceed $28 billion in 2025
Turkey's revenues from exports to neighboring countries made $28.352 billion in 2025, marking an increase of 4.6% compared to 2024, when they amounted to $27.092 billion.
Morocco and Senegal qualify for the semi-finals of the Africa Cup of Nations
The Moroccan national team qualified for the semi-finals of the Africa Cup of Nations after defeating Cameroon 2-0 in their match at Prince Moulay Abdellah Stadium in the Moroccan capital, Rabat.
User Name: Password:
Emirati economy grows 5.3 percent in non-oil businesses
[07/09/2025 11:55]
ABU DHABI-SABA
The real GDP of the United Arab Emirates (UAE) recorded a growth of 3.9 percent, reaching 455 billion dirhams in the first quarter of 2025, compared to the same period in 2024.

The non-oil GDP achieved a growth of 5.3 percent, amounting to 352 billion dirhams, while oil businesses contributed 22.7 percent in the first quarter of 2025.

The Minister of Economy and Tourism Abdullah al Mari told the Emirates News Agency (WAM) that the initial estimates issued by the Federal Competitiveness and Statistics Center about the economic performance in the country during the first quarter of 2025 confirm the robustness and resilience of the national economy and its ability to continue its extraordinary growth trajectory.

He noted that the contribution of non-oil economic activities to real GDP has reached a new record level, as it stood at 77.3 percent for the first time in the nation's history, reflecting the momentum of economic diversification that the UAE enjoys.

It also confirms the effectiveness of national policies and strategies aimed at building an economic model based on knowledge and innovation, in line with the objectives of the (We are the UAE 2031) vision, which aims to raise the country's GDP to 3 trillion dirhams by the next decade, the Minister noted.

Manufacturing activities outperformed other economic activities in terms of growth rate during the first quarter of this year compared to the same period last year, witnessing a growth of 7.7 percent, followed by the finance and insurance sectors and the construction and building sector, which achieved a growth of 7.0 percent. Meanwhile, real estate activities grew 6.6 percent, and trade activities grew by 3.0 percent.

The trade sector ranked first with a contribution rate of 15.6%, followed by the finance and insurance sector in second place with a contribution of 14.6%, then the manufacturing industries at 13.4%.

The contribution of the construction sector was 12.0%, and the real estate activities contributed 7.4%.


Turkey's exports to neighboring countries exceed $28 billion in 2025
China's ETF market hits record $855.6
Korean autos exports rise 13.7 percent in November
Oil rises in early Asian trading
African Development Bank supports transport infrastructure in Somalia with $76 million
Gold Prices Stabilize as Investors Await Key US Data Release
South Korea's exports rise 8.4 percent in November
Gold stabilizes near its highest in two weeks
Saudi-French Businesses Forum kicks-off its sessions
More than 1,500 flights canceled in U.S. amid ongoing government shutdown

About Saba News Agency | Usage Agreement | Contact Us