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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

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