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Economy
Economy
IMF lifts 2024 global growth outlook
Fund raised concerns about risks posed by Red Sea attacks and ongoing conflict
Economy
New economic licenses in Abu Dhabi attracted over $57.3 billion in capital investments in 2023
A total of 25,647 new economic licenses were issued in 2023
Economy
Central Bank of Egypt to convene amidst ongoing pound decline
Can an agreement with IMF be expected?
Economy
Tracking GCC’s public holidays in 2024: Mark your calendars
When the holiday falls on a weekend, an extra day may be provided
Economy
ADGM reinforces its presence, launches Information center in Al Reem Island
Strategic move reinforces commitment to the Al Reem Island business community
Economy
Investopia London: UAE explores fintech and innovation partnerships with Britain
Visit to launch the second edition of Investopia Global Talks in Europe
Economy
Tesla shares plummet by 12 percent after Musk warns of slowdown
Musk loses $18 Billion as Tesla's market capitalization plummets
Economy
UAE, Malaysia forge strategic partnership to advance digital infrastructure development
Agreement prioritizes establishing data centers in Malaysia
Economy
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
Economy
Davos: UAE ranks fourth globally in infrastructure quality
Country set to invest $2.45 billion to develop 127 projects over next 5 years
Economy
Qatar’s credit rating upgraded to Aa2 by Moody’s on strong LNG demand, fiscal improvement
First upgrade since 2007
Economy
U.S. economy grows more than expected despite high interest rates
Consumer spending remains strong
Economy
ECB interest rates remain unchanged amid inflationary concerns
Increased focus on inflation targets and monetary policy flexibility
Economy
Türkiye hikes interest rates to 45 percent in a battle against inflation
Analysts skeptical as Turks grapple with economic challenges
Economy
Mitigating China’s economic crisis: Emphasizing proactive measures over remedial strategies
Concerns rise among Beijing policymakers over declining prices
Economy
Russia and India partner to create a digital economy in BRICS expansion
Both countries are also exploring a native BRICS currency
Economy
Moody’s affirms ratings of five Egyptian banks, changes outlook to negative
Egypt's overall classification was affirmed at Caa1 in October 2023
Economy
Saudi Arabia tops GCC ranking in Statistical Performance Index: World Bank
Jumping 25 places
Economy
UAE gears up to host next World Government Summit
High international representation expected as 4,000 participants set to attend summit
Economy
Egypt, Qatar to forge new investment joint strategy
Ongoing collaboration for the Egyptian-Qatari Business Forum
Economy
PwC: 73 percent of regional CEOs confident in GenAI’s game-changing influence on business landscape
81 percent of GCC CEOs foresee improved economic growth
Economy
Navigating the storm: ACCA reveals SMEs’ challenges and innovations
Critical hurdles and strategic pathways for small and medium-sized enterprises
Economy
Tunisia achieves full debt repayment for 2023 despite challenges
Country plans to repay $4 billion in foreign debt in 2024
Economy
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
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