Emirati media reported that the UAE’s real gross domestic product (GDP) grew by 3.8% in the first nine months of 2024 compared to the same period in 2023, reaching AED 1.322 trillion.

Khaled Hanafi, Secretary-General of the Union of Arab Chambers, said that the private sector accounts for approximately 75 percent of the gross domestic product (GDP) of Arab countries and plays a vital role in production, employment, as well as boosting investment and exports.

The European Commission's autumn forecasts, published on Friday (November 15), put gross domestic product (GDP) growth at 0.9 percent in the European Union and 0.8 percent in the euro area for 2024.

The Federal Center for Competitiveness and Statistics (FCSC) has announced that the UAE's gross domestic product has reached 430 billion dirhams.

The Central Bank of the United Arab Emirates (CBUAE) has announced that the country's real GDP growth will increase to 6.2 percent in 2025.

In the first quarter of 2024, seasonally adjusted gross domestic product in both the euro area and the EU increased by 0.3 percent compared to the previous quarter, the European Union's statistics office reported.

China's government economist Adolph Leung Wingsing said Hong Kong's economy recorded moderate growth in the first quarter of 2024.