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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
Saudi Arabia topped the list of Arab countries importing the most from Egypt during the year
This represents a 58.4 percent growth compared to 2022
Inflation in April was driven by a 10.4 percent increase in rental prices, largely due to a 9.4 percent jump in villa rents
Brent oil futures for July delivery rose 0.5 percent to $83.17 per barrel
Abu Dhabi’s non-oil GDP grew by 10.4 percent YoY in Q4 2023
$3.9 trillion is the estimated pipeline value of unawarded construction projects in MENA from 2024-28
Brent oil futures expiring in July rose 0.4 percent to $82.70 a barrel
By the end of March, revenues amounted to around $7.27 billion, down from $8.31 billion in the same period of 2023
22 percent see leadership succession and turnover as their chief concern
Brent oil futures, set to expire in July, rose by 0.3 percent to reach $83.59 per barrel
Over 1,000 government employees received training at international agencies, enhancing their work effectiveness
H.E. Bin Touq meets with ministers and top EU officials to discuss prospects for enhancing economic cooperation
