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New initiatives launched to make Dubai one of the world's top three urban economies by 2033.
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
Remittances to LMICs are expected to grow 2.3 percent in 2024, but unevenly across regions
The sharing economy in travel has seen remarkable growth, reaching a market size of $10.7 billion in the GCC alone by 2024
The strong U.S. dollar is driven by expectations the Fed will keep rates high due to a robust economy
Brent oil futures for August delivery dropped 0.4 percent to $84.91 per barrel
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The sector recorded more than 280,000 transactions since the beginning of 2024
The MRP tool boosted forecast accuracy 30 percent, enabling precise inventory planning and cutting excess stock 12 percent
The manual aims to leverage private sector expertise to benefit the government
Brent oil futures expiring in August fell 0.1 percent to $84.90 per barrel
The emirate emerged as the 6th most expensive city in EMEA, attracting wealthy residents with its flourishing economy
Brent crude oil futures for August delivery rose 0.1 percent to $86.07 per barrel,
During the Egyptian-European Investment Conference, Egypt secured a $1.069 billion agreement with the EU
The project, valued at $8 million, will cover an area of 10,000 square meters
The Kingdom emerged among West Asia's top recipients
