Economy
Dubai Ruler stressed the need for global economies to cooperate
Capitalizing on investor confidence amidst significant changes in economic strategy
President implements urgent social protection package amidst currency concerns, IMF talks
Meeting showcases bespoke programs to enhance competitiveness and foster international growth
Robust financial performance driven by increased demand and clean energy initiatives
Robust expansion in sight fueled by diverse sectors and stable banking environment
Event concludes with commitment to Saudization and private sector empowerment
Consumer and producer price challenges pose threats to growth and employment
Expansion in LNG production and reforms to drive average growth of 5.5 percent
Merchandise imports fell by 14 percent last year to $72.54 billion
New Contractor Financing Program launched
Shipping and energy supply disruption are currently the most threatening factors to the global economy
Diverse sectors propelled Dubai's economic growth in 2023
Due to 40.7 percent YoY decline in government expenditures
Classification reflects Kingdom's robust external financial strength
Event aims to cultivate partnerships between PIF, its portfolio companies, and the private sector
Economic expansion continues amid inflationary pressures and supply chain risks
One-year treasury bills aim to attract investors despite rising global rates
Strong labor market and decreasing inflation rates support Fed's decision
Two key players share a joint commitment to empower startups and entrepreneurs
Positive developments in economic reform talks propel Egypt's sovereign bonds
Total disbursements reach approximately $40.6 billion under IMF arrangement
Gap widened between Egyptian pound's official and parallel markets rates
