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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
Non-oil revenues in 2023 surged by 11 percent YoY
Region expected to grow by less than 3 percent in 2024
Issuance was divided into three tranches
Driven by expanding operations, new routes fuel growth
Building bridges, expanding regional connectivity
AI market to grow by 33 percent in 2024, reaching around $20 billion by 2025
UAE played key role in supporting OFID's sustainable development initiatives
UAE Ministry of Finance and World Bank renew advisory services agreement
President implements urgent social protection package amidst currency concerns, IMF talks
Robust expansion in sight fueled by diverse sectors and stable banking environment
Company to break ground on 11 new assets by the end of 2024
Deals were signed during PIF Private Sector Forum
Agreements align with the objectives outlined in Vision 2030
Expansion in LNG production and reforms to drive average growth of 5.5 percent
Strengthening regulatory ties across 56 jurisdictions
New Contractor Financing Program launched
Further consolidating status as one of the top three global cities for business and leisure
Fed paving way for lower interest rates
