Tag : GDP

Business

Europe heatwave puts EU economic growth under pressure

omandailynews.com
NETHERLANDS / RankWire.AI / – Europe’s extreme summer heat and drought could cut EU economic output by about 1% in 2026, according to new analysis from Triodos Bank. The estimated loss equals roughly €180 billion and is close to the European Commission’s current growth forecast for the bloc. In May,......
Travel

UAE’s aviation sector soars: 31.8 million passengers in Q1 2023

omandailynews.com
The Central Bank of the UAE (CBUAE) has announced in its recent Quarterly Economic Review that UAE airports welcomed a whopping 31.8 million passengers in the first quarter of 2023. This figure represents a notable surge from the same period in 2022 when the passenger count was around 20.4 million,......