Economy
Kingdom's oil production reached 10.35 million bpd in April
Dubai issues over 32K licences since August 2017
Rules out larger increase of 75 basis points at the next meeting
“HC”: Inflation figures for April higher than estimates
Budget supported by high oil prices
Central Bank Governor: This will reflect on the UAE progress and prosperity
The issuance of two tranches was valued at AED 1.5 billion
First auction of dirham treasury bonds oversubscribed 6.3 times
Cepa will encourage trade by reducing custom tariffs by 90 percent
Heavy penalties imposed if private firms do not meet the Emiratisation criteria
Total capital flows of FDI projects exceeded 26 billion dirhams in 2021
Analysts expect the Fed's monetary policy to lead to a "bear market"
Soaring energy, material prices led to great increases in production input costs
Rising commodity prices and global inflation fears pressure sales
Expects highest growth in Saudi in 11 years
Inflation reached very high levels, 7.5 percent last month
Saudi registers a domestic product of $833.5 billion
Johnson incurs losses in elections due to high cost of living
About 11% of all goods shipped worldwide are stuck in traffic
Gulf countries expected to grow their economies, IMF says
Say Goodbye to cheap money secured by quantitative easing policies
Inflation expected to recede as of May
