Economy

UAE's non-oil sector rebounded in October, boosted by strong output despite slower demand growth and challenges in job creation due to market crowding.

Dubai has set a record budget with expenditures of 272 billion dirhams and 302 billion in revenue, marking a first-time surplus of 21%. Nearly half of the budget has been allocated to infrastructure projects in critical development areas.

Dubai aims to eliminate most cash transactions by 2026, enhancing economic growth through a digitally empowered, cashless future.