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Bahrain's FDI stocks relative to GDP stood at 99.7 percent as of the end of 2023
While prospects for 2024 remain challenging, modest growth for the year remains possible
Seven MPC members voted to hold the 5.25 percent rate, while two preferred a 0.25 percentage point cut to 5 percent
Upon his appointment, Dr. Alzarouni emphasized the goals of Dubai's AI Blueprint
Qatar ranked first globally in both the effectiveness of corporate boards and the migrant stock
An unprecedented 128,000 millionaires are expected to relocate worldwide this year
The UAE is now ahead of Norway, Iceland, Japan, Canada and Finland
Favourable macroeconomic conditions, including steady global economic growth and lower food commodity prices, drive projections
Visit underscores the UAE’s commitment to strengthening dialogue and international cooperation in addressing global challenges
Türkiye recorded the highest growth at 2.4 percent in Q1 of 2024 followed by India at 1.9 percent
UAE expects bilateral trade with India to reach $100 billion within the next five years
The non-oil sector is expected to grow 5.4 percent during the year
This year’s strategic theme aims to unravel the key facets of Abu Dhabi’s strength and value proposition
The Fed had set the benchmark policy rate in the 5.25-5.50 percent range last July
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
