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The revision reflects the emirate's improved credit metrics driven by stronger medium-term growth forecasts
Brent crude oil futures expiring in July slid 0.6 percent to $82.40 per barrel
In 2023, Egypt received a record-breaking number of tourists, reaching 14.906 million
The sector is predicted to experience a 13.5 percent annual growth, surpassing the global average of 11.2 percent
DWTC hosted 76 events with 1.54 million attendees, 46 percent international
Brent crude futures fell 44 cents, or 0.53 percent, to $83.27 a barrel
Data showed a 4.8 percent increase in the mining sector compared to February 2024
MoF stated that this surplus was directed towards reducing public debt, and therefore there was no cash surplus
The report expects Sharjah's fiscal deficits to gradually narrow over 2024-2027 due to several factors
These revisions reflect reduced pressures on these banks' capital ratios in the upcoming FY2024/2025
The sector supports 241,000 jobs, with a further estimated 717,000 jobs in the tourism sector
Solid budget and financial buffers, but reforms needed to reduce oil dependence
