A strengthening dollar is to putting pressure on the service industry, and being blamed for the Dubai private sector contracting. That’s according to financial experts following the latest Dubai Economy Tracker which indicated that the private sector had modest declines in February for the first time since 2010. The index is provided by Emirates NBD and is a monthly assessment of business activity. The index for February declined to 48.9 in February from 50.7 in January.
DMCC records 7% growth in Indian companies
The Dubai Multi Commodities Centre (DMCC) announced Indian companies now account for 16 per cent of the international business district’s total member base, a 7 per cent year-on-year increase.
Dubai named autism-certified destination
Dubai has officially gained the recognition as a certified Autism destination, underscoring citywide efforts to make tourism more accessible and inclusive for all.
Dubai World Trade Centre generated AED 22.35 billion in 2024
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defense, and Chairman of the Dubai Executive Council, has announced that the Dubai World Trade Centre (DWTC) generated an economic output exceeding AED 22.35 billion in 2024.
OpenAI unveils slimmed-down ChatGPT deep research tool
OpenAI has announced the launch of a new version of its advanced tool 'Deep Research' integrated into ChatGPT, maintaining a high level of quality while introducing enhanced accessibility across user tiers.
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