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Difficulties securing affordable financing currently, given the country’s strict monetary policy and credit rating
Law will come into effect on January 1, 2024
MENA consumers and businesses will face crucial decisions about spending and investing
IMF expects 0.1 percent GDP growth rate this year
Balance sheet includes AED283.9 billion in cash and AED206 billion in investments
New body aims to enhance the integrity of public finances, promote transparency
IMF warned of "fiscal and external sustainability risks" from "large" budget law expansion
Saudi Arabia's records A rating with a stable outlook
GCC's foreign asset projections and shifting investment strategies
Due to its robust oil production
Post-election austerity measures under close scrutiny by analysts
Up from 677,400 compared to the same period in 2022
Governor forecasts moderate economic environment by same time in 2024
Saudi Arabia, UAE lead in non-oil sector development
Recent economic reforms fostered country’s openness on foreign investment
The financing gap in Egypt will reach $7 billion in the current fiscal year
Event witnessed the participation of over 6,000 attendees from over 40 countries
Higher taxes might be imposed to prevent debt from skyrocketing
No lowering of the guard, Lagarde says
Rating highlights a negative real GDP growth of 2.6 percent in 2022
With overwhelming support of 57 votes in favor and only one vote against
Powell: Labor market is still constrained
FDI to boost various sectors including tourism, health and GreenTech
Economic diversification, innovation, resilience
