Economy

IMF lifts 2024 global growth outlook

Fund raised concerns about risks posed by Red Sea attacks and ongoing conflict

Tracking GCC’s public holidays in 2024: Mark your calendars

When the holiday falls on a weekend, an extra day may be provided

ADGM reinforces its presence, launches Information center in Al Reem Island

Strategic move reinforces commitment to the Al Reem Island business community

Investopia London: UAE explores fintech and innovation partnerships with Britain

Visit to launch the second edition of Investopia Global Talks in Europe

Tesla shares plummet by 12 percent after Musk warns of slowdown

Musk loses $18 Billion as Tesla's market capitalization plummets

Egypt’s foreign-currency position under further strain due to Red Sea crisis: S&P

Anticipated devaluation of the pound beyond the current exchange rate

Davos: UAE ranks fourth globally in infrastructure quality

Country set to invest $2.45 billion to develop 127 projects over next 5 years 

ECB interest rates remain unchanged amid inflationary concerns

Increased focus on inflation targets and monetary policy flexibility

Türkiye hikes interest rates to 45 percent in a battle against inflation

Analysts skeptical as Turks grapple with economic challenges

Russia and India partner to create a digital economy in BRICS expansion

Both countries are also exploring a native BRICS currency

Moody’s affirms ratings of five Egyptian banks, changes outlook to negative

Egypt's overall classification was affirmed at Caa1 in October 2023

UAE gears up to host next World Government Summit

High international representation expected as 4,000 participants set to attend summit

Egypt, Qatar to forge new investment joint strategy

Ongoing collaboration for the Egyptian-Qatari Business Forum

Navigating the storm: ACCA reveals SMEs’ challenges and innovations

Critical hurdles and strategic pathways for small and medium-sized enterprises

Tunisia achieves full debt repayment for 2023 despite challenges

Country plans to repay $4 billion in foreign debt in 2024

Women participation in UAE’s private sector sees 23.1 percent growth

UAE's commitment to gender balance manifests through legal framework and global recognition