Economics
New body aims to enhance the integrity of public finances, promote transparency
IMF warned of "fiscal and external sustainability risks" from "large" budget law expansion
GCC's foreign asset projections and shifting investment strategies
Due to its robust oil production
Post-election austerity measures under close scrutiny by analysts
Adjustment came in response to a surge in demand for higher-yielding currencies
Governor forecasts moderate economic environment by same time in 2024
SAR5 mn minimum capital requirement
Total trade between the two countries reached AED2.4 bn in 2021
Saudi Arabia, UAE lead in non-oil sector development
Recent economic reforms fostered country’s openness on foreign investment
