{"id":60433,"date":"2024-09-10T20:02:02","date_gmt":"2024-09-10T16:02:02","guid":{"rendered":"https:\/\/www.uaebarq.ae\/en\/?p=60433"},"modified":"2024-09-10T20:02:03","modified_gmt":"2024-09-10T16:02:03","slug":"opec-highlights-robust-performance-of-uaes-non-oil-sector","status":"publish","type":"post","link":"https:\/\/www.uaebarq.ae\/en\/2024\/09\/10\/opec-highlights-robust-performance-of-uaes-non-oil-sector\/","title":{"rendered":"OPEC highlights robust performance of UAE&#8217;s non-oil sector"},"content":{"rendered":"\n<p>The Organisation of Petroleum Exporting Countries (OPEC) in its Monthly Oil Market Report for September 2024, has highlighted a continued strong performance of the UAE&#8217;s non-oil sector through 2024.<\/p>\n\n\n\n<p>The Report reveals that in the tourism sector, Dubai welcomed 10.62 million international visitors between January and July, an 8% increase compared to the same period in 2023.<\/p>\n\n\n\n<p>According to the report, the UAE is also enhancing its attractiveness to foreign investors and skilled professionals through several initiatives, including allowing 100% foreign ownership of onshore companies, reducing business setup costs, reforming visa and citizenship regulations, implementing job security measures, and updating local laws.<\/p>\n\n\n\n<p>The OPEC report confirms that the S&amp;P Global UAE PMI rose to 54.2 in August, recovering from a slight dip to 53.7 in July and approaching the long-term average of 54.4. \u201cNew orders experienced growth in August, supported by rising consumer and business spending, while hiring in the non-oil sector continued to expand, albeit at a slower rate,\u201d it stated.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Organisation of Petroleum Exporting Countries (OPEC) in its Monthly Oil Market Report for September 2024, has highlighted a continued strong performance of the UAE&#8217;s non-oil sector through 2024. The Report reveals that in the tourism sector, Dubai welcomed 10.62 million international visitors between January and July, an 8% increase compared to the same period &hellip;<\/p>\n","protected":false},"author":4,"featured_media":60434,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-60433","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-news"],"_links":{"self":[{"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/posts\/60433","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/comments?post=60433"}],"version-history":[{"count":1,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/posts\/60433\/revisions"}],"predecessor-version":[{"id":60435,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/posts\/60433\/revisions\/60435"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/media\/60434"}],"wp:attachment":[{"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/media?parent=60433"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/categories?post=60433"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.uaebarq.ae\/en\/wp-json\/wp\/v2\/tags?post=60433"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}