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Decline in shipping through the Suez Canal and tourism to impact 2023-2024 growth
The broader MENA region is expected to grow 2.8 percent in 2024 and accelerate to 4.2 percent in 2025
AGWA cluster seeks to capture opportunities in the growing global food and water industry, which is expected to reach AED77.4 trillion by 2045
Construction sector supports non-oil growth, accelerating to 8.4 percent in Q4 of 2023
One in four developing economies is expected to remain poorer than it was on the eve of the pandemic in 2019
With higher growth and higher bond yields on one hand and high inflation and geopolitical risks on the other, the global economy is at a delicate juncture
The report cited the recent floating of the pound exchange rate and an enhanced IMF agreement
AGWA will be a global hub for novel food and ingredients, as well as technologies to increase access to and the utilisation of water resources
The framework also encompasses investigative assistance, and capacity enhancement initiatives
Egypt's rural inflation declined to 26.7 percent while overall inflation declined to 27.4 percent
The report highlighted the ongoing structural and financial reforms in the country
Telemarketing calls can only be made between 9am and 6pm
Agreement follows approval of $8 billion extended fund facility loan in March
RAKEZ hosts close to 6,000 Indian companies that are contributing to the UAE's diverse industrial landscape
Analysts forecast a tepid year-on-year GDP increase this 2024, ranging from 2.4 to 2.7 percent
Open banking and digital payments among technologies that drive transformation in the finance industry
Dollar accounts for over 60 percent of global central bank reserves, making it the world’s most widely held currency
Country’s trade volume with UAE, an important economic partner, hit $20 billion in 2023
A task force has been formed to ensure a smooth transition to the new license system
Firms in the UAE experienced a record increase in outstanding business levels in May, the report highlighted
Trade and services sector accounted for 42.3 percent of the total registrations
The return on investment for 2023 stood at 9.95 percent
New business levels across Egypt fell at the slowest rate since September 2021 in May
The inflation rate in its 22 member states is expected to decline to 3.3 percent this year, compared to 9.3 percent in 2023
