Mastercard Economics Institute’s Economic Outlook 2025 for the UAE

Mastercard Economics Institute’s Economic Outlook 2025 for the UAE: Steering through change  

  • The UAE’s GDP is projected to grow by 5% year over year, consumer spending is predicted to rise by 4.3%, and consumer price inflation is likely to reach 2.3%
  • Migration is leading to a rise in remittances, with the continued digitization of the payments industry bringing cost efficiencies, security and convenience
  • The participation of women in the workforce is growing, driven by increasing job creation in female-dominated sectors and flexible work policies
  • Conscious consumers are increasingly trading down, most prominently in the travel sector
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Gargash Motors to Supply a Fleet of GAC Motor EMKOO Hybrid Vehicles to Galadari Group – Metro Taxi

December 16, 2024 – Gargash Motors is pleased to announce a strategic partnership with Ilyas & Mustafa Galadari Group – Metro Taxi to deliver a fleet of GAC Motor EMKOO Hybrid vehicles. This collaboration underscores a shared commitment to advancing sustainable transportation solutions across the UAE.

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Game Changers Prepares to Make Historic Debut at World Tennis League Season 3, Redefining Sports Entertainment

Game Changers Prepares to Make Historic Debut at World Tennis League Season 3, Redefining Sports Entertainment

Abu Dhabi, UAE – December 17, 2024 – Game Changers, a pioneering global sports entertainment company, is set to make a landmark appearance at the prestigious World Tennis League’s Season 3 in Abu Dhabi, marking a significant milestone in its mission to revolutionize sports and drive positive global change.

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CARS24 Achieves Profitability in Just Over 1000 Days of Launch in UAE

Dubai, xx December 2024: CARS24, the leading global e-commerce platform for pre-owned vehicles that launched its operations in the UAE in 2021, now has reached profitability and cemented its position as the largest player in the used car landscape. With its data-driven approach and personalised customer experience, CARS24 has successfully disrupted the traditional used car ecosystem.

Mr. Abhinav Gupta CEO , Cars 24

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