Economy
Kingdom ranks among the G20's top economies
Deal includes developing yacht and cruise ship tourism in Egypt
Kingdom's financing needs estimated at approximately SAR86 billion
With a budget amounting to AED208 billion until 2033
December PMI data reveals robust growth driven by output and new orders
December ended with record monthly sales of AED 807 million
Spending rose more than 16 percent year-on-year
The recent jump to SAR1.15 per liter is unprecedented
New trade accords signed, more in pipeline
Iran, Egypt and Ethiopia are also now part of the trade bloc
Budget gap prompts focus on economic diversification
As part of efforts to stabilize the economy
A 49 percent surge in monthly minimum wage could exacerbate inflation and strain businesses
From tech to real estate expos, the UAE showcases global competitiveness
Commits to supply up to 18 million barrels annually
Supporting the national goal of doubling the GDP to AED3 trillion by 2031
Finance and manufacturing sectors take the lead
Kingdom’s economy shows growth, driven by a strong private sector
Continuous advancements key behind nation’s exceptional performance
Increase compared to its previous forecast of 4.3 percent
Bank said tightening measures nearing end of cycle
Maintaining credit and discount rate at 19.75 percent
