economy
Fed’s decision, companies' profits, and economic data all in focus
Anticipated devaluation of the pound beyond the current exchange rate
Country set to invest $2.45 billion to develop 127 projects over next 5 years
Strategy seeks to localize vaccine manufacturing, protect the environment
First upgrade since 2007
Consumer spending remains strong
Shipping costs skyrocketed by 200 percent, projected to experience further rises
Hong Kong recognizes UAE as a major trading partner
Concerns rise among Beijing policymakers over declining prices
Exploring the driving forces behind the UAE's thriving pre-owned car market
Both countries are also exploring a native BRICS currency
Egypt's overall classification was affirmed at Caa1 in October 2023
Becomes fourth-largest stock market globally
Dubai received 92,000 sq.m. of office spaces in 2023
High international representation expected as 4,000 participants set to attend summit
Ongoing collaboration for the Egyptian-Qatari Business Forum
Saudi citizens working in the private sector reached 2.3 million in 2023
81 percent of GCC CEOs foresee improved economic growth
Tourism sector's contribution to the GDP increased by 4.5 percent year-on-year
Driving financing for intangible assets, boosting patent registration
Country plans to repay $4 billion in foreign debt in 2024
UAE is at the forefront of AI technology and its implementation
