Economics
This represents a 36 percent increase compared to the surplus of $8.1 billion recorded last year
The economy had contracted for two consecutive quarters in the second half of 2023, indicating a recent recession
Saudi Arabia ranked first among export destinations, with BD64 million (20 percent) in national origin exports
The agency expects non-oil growth of 4.3 percent in 2024
Brent oil futures expiring in August rose 0.4 percent to $86.73 a barrel
Egypt targets 3.5 percent primary surplus, 80 percent debt-to-GDP by 2027
In 2024, these countries accounted for 51 percent of U.S. dollar debt issued by EMs (excluding China)
Data indicates a growing trend of buyers, often younger individuals, seeking properties in popular lifestyle and social hubs
Bahrain's economic leadership and technological progress have catalyzed further innovation and development in this vital sector
Remittance flows to low-middle-income countries moderated in 2023, reaching $656 billion: World Bank
Remittances to LMICs are expected to grow 2.3 percent in 2024, but unevenly across regions
The strong U.S. dollar is driven by expectations the Fed will keep rates high due to a robust economy
