Economy
Increased activity during Ramadan supports sustainable economic diversification efforts
The new PPP portfolio will cover 10 fundamental economic sectors in Dubai over a three-year period (2024-2026)
TCMB raised key interest rate from 45 percent to 50 percent
The bank’s committee is worried as wage growth outpaces inflation at 6 percent
Riyadh records highest spending at a value of SAR3.8 billion
Dubai's journey to becoming a global digital capital exemplifies the power of visionary leadership, strategic planning, and relentless pursuit of innovation
The report expressed confidence in Qatar's debt-to-GDP ratio
Egypt aims to reduce the debt-to-GDP ratio to less than 80 percent in three years
The initiative seeks to enhance the presence and collaborative efforts of the IMF with Arab institutions
One such landmark deal is the historic $35 billion investment agreement with Egypt for the development of Ras Al Hekma
Exchange rate liberalization and fiscal consolidation drive confidence
Japan's move marks global departure from decades of stimulus-driven growth strategies
Private sector growth, human capital development and climate resilience are key focus areas
Türkiye pledges tighter fiscal policies to reduce inflation
CPI rose YoY by 2.70 percent compared to February 2023
Advancing sustainable development and economic diversification in Abu Dhabi
The rating reflects minimal default risk, strong ability to meet financial obligations
Markets adjust expectations amid mixed economic indicators
Under the aid package, Egypt will receive a combination of grants and loans over the next three years
The non-oil sector investment is key to sustaining 3.3 percent annual GDP growth over 2024-2027, the report says
The executive council also allocates AED40 billion for ‘Dubai Portfolio for Public-Private Partnership’
Alliance drives cooperation in economy, trade, investment and clean energy
The improved projection is driven by the 2.1 percent growth surge anticipated in the U.S.
