Completion of the premium residential complex, One At Palm Jumeirah was announced by the developer, Omniyat. The complex includes 94 premium residences with private landscaped terraces and pools. Previously, 3 of the Dubai's most expensive penthouses were sold here.
Compared to 2020: Revenues increased by 16% ($244 million), operating profit increased by 26% ($156 million) Number of active companies increased by 25% (3,644) Number of new registrations increased by 36% (996) Total banking assets increased by 5% ($198.5 billion)
The growth of the non-oil sector was 3.2%. According to the Central Bank of the UAE, the economy will increase by 4.2% in 2022. The previous forecast was 3.8%. Expected growth of the non-oil sector is by 3.4% Sources: Gulf News, Media Office Government of Dubai, The National News