In 2023, the UAE displayed economic resilience amid global challenges, diversifying from oil. The non-oil sector thrived, as reflected in the PMI at 57.0 in November. Oxford Economics estimated a GDP growth of 2.4 percent, which is forecast to double in 2024.
JLL reports resilient hospitality growth in the UAE
In 2023, the UAE displayed economic resilience amid global challenges, diversifying from oil. The non-oil sector thrived, as reflected in the PMI at 57.0 in November. Oxford Economics estimated a GDP growth of 2.4 percent, which is forecast to double in 2024.