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Appetite for spending in the Kingdom soared 46 percent ahead of Ramadan 2024
The deal focuses on key sectors, including logistics, healthcare, travel, and tourism
New report finds 75 percent of global growth was due to price increases in 2023
Tech investments and financial services are driving growth in the country
The decision was widely anticipated following eight consecutive months of rate hikes
The new facility boasts AI-equipped high-speed X-ray machines
Job cuts will be distributed across France, Germany, Poland, Spain
This positive development reflects the Kingdom's strategic shift away from oil dependence
Saudi Arabia is ahead of investment targets, Saudi Minister of Investment states
No significant losses from cyber incidents for rated GCC banks
A 138 percent YoY increase
H.E. Bin Touq highlights UAE’s keenness to strengthen Arab level cooperation in new economy sectors
Growth primarily driven by the Maritime & Shipping, Ports, Logistics, and Digital Clusters
Non-oil revenues in 2023 surged by 11 percent YoY
Issuance was divided into three tranches
Driven by expanding operations, new routes fuel growth
Building bridges, expanding regional connectivity
AI market to grow by 33 percent in 2024, reaching around $20 billion by 2025
UAE played key role in supporting OFID's sustainable development initiatives
UAE Ministry of Finance and World Bank renew advisory services agreement
Company to break ground on 11 new assets by the end of 2024
Deals were signed during PIF Private Sector Forum
Expansion in LNG production and reforms to drive average growth of 5.5 percent
Strengthening regulatory ties across 56 jurisdictions
