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Economics
Economy
IMF forecasts steady global economic growth, continuing disinflation in 2025
Georgieva noted that the U.S. economy is performing "quite a bit better" than anticipated
Economy
BRICS bloc officially welcomes Indonesia as new member
Indonesia joining BRICS enhances collaboration with developing nations based on equality and sustainable development
Banking & Finance
Oman forecasts $29 billion public revenue for 2025, 1.5 percent increase from 2024
Projections were informed by critical factors and data, based on an average oil barrel price of $60
Economy
UAE’s GDP expected to reach $462.8 billion for the first time: Sheikh Mohammed
Foreign trade to surpass $762.3 billion
Economy
Abu Dhabi’s Q3 2024 GDP expands 4.5 percent, marking record quarterly high of $82.2 billion
Non-oil sector grew 6.6 percent, showcasing the emirate's strong economic momentum
Economy
Saudi women’s labor force participation hits 36.2 percent in Q3 2024
Among Saudi nationals, the labor force participation grew by 0.7 percentage points in Q3 2024, reaching 51.5 percent
Energy
Oil prices dip 6 cents with Brent at $74.11 as investors watch for China and U.S. data
U.S. West Texas Intermediate crude saw an 8-cent decline, bringing it to $70.52 a barrel
Banking & Finance
Sharjah approves $11.4 billion budget for 2025, largest in emirate’s history
The budget empowers agencies to fund initiatives, provide housing for citizens, and upgrade tourism infrastructure
Banking & Finance
CBUAE forecasts real GDP growth: 4 percent in 2024, rising to 5.5 percent by 2026
Non-oil GDP growth is projected to remain robust at 4.9 percent in 2024 and 5.0 percent in 2025
Energy
Crude oil prices edge up 0.4 percent amid supply concerns and demand focus
Brent oil futures for February rose by 0.4 percent to $72.91 a barrel
Economy
Japan GDP: Growth trends and economic forecasts for 2025
Approximately 70 percent of Japan’s GDP is derived from the services sector
Economy
ADBW 2024: ADDED, Ma’an sign MoU to empower social enterprises in Abu Dhabi
Ma’an will connect social enterprises with a network of social investors and innovators for collaboration and growth
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