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The report highlights Oman’s fiscal consolidation as a noteworthy example despite it having one of the lowest projected growth rates in the region
H.H. highlighted proactiveness and future readiness as pillars of effective governance
UAE joined BRICS in August 2023, enhancing its foreign and economic policy landscape significantly
A 90-day delay on tariffs provides time for negotiations, aiming for clarity in trade deals
The dialogue focused on enduring cooperation, exploring ways to strengthen relationships for mutual progress
Manufacturing sector led non-oil economy with over $7.75 billion value added during the quarter
As Dubai accelerates its embrace of AI and digital transformation, several traditional job roles are poised for significant disruption
The S&P Global PMI fell to 53.1, indicating solid improvement in Kuwait's non-oil sector
Employment levels surged sharply, marking the fastest rate of job creation since May 2011
The UAE's PMI rose from 53.3 in May to 53.5 in June, indicating a solid improvement in the sector's health
Initiative was launched to support business growth and national economic policies
The number of registered companies grew from 835 in 2023 to 2,235 in 2024, with the strategic partner count increasing to 20
BlackRock believes this era offers better opportunities than the relatively static conditions of the past decade
To date, the fund has issued government-backed guarantees exceeding AED43 million to help members scale their ventures
When asked whether July was too soon for a rate cut, Powell responded that he "can't say"
Talks aimed at strengthening bilateral relations align with directives from leaders of both nations
Rising tariffs and inflation pose significant risks to economic stability in the coming years
Leaders seek stronger cooperation in economy, investment, energy, education, defense, technology and sustainability
The four locations set for development in Al Dhafra include Al Marfa, Bayah Al Sila, Madinat Zayed and Ghayathi
Economic policies effectively managed inflationary pressures, contributing to stability in the region
Non-hydrocarbon economy contributed 63.6 percent to GDP, showcasing strong diversification efforts
The initiative is designed to address the rising demand for rapid access to everyday essentials such as groceries, personal care items, electronics, and household goods
April and May were the busiest months in the first half of the year, largely due to the return of business travel after Ramadan
The IMF's administrative expenses are fully covered by income from lending and investments
