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GCC
Economy
UAE, Gulf economies to outpace global growth in 2024: Report
FAB report says UAE's GDP is likely to expand by 3.7 percent in 2023 and 4 percent in 2024
Economy
Saxo Bank CEO in MENA predicts UAE’s economic growth to surpass 5.5 percent in 2024
Tech investments and financial services are driving growth in the country
Banking & Finance
UAE, Qatar banks lead in first-ever GCC Banking Sentiment Index: KPMG
Saudi banks dominated the GCC’s banking conversation
Banking & Finance
GCC banks’ strong profitability provides robust shield against potential losses from cyber incidents
No significant losses from cyber incidents for rated GCC banks
MENA
COP28 places the GCC at the center of the fight against climate change
The Middle East's pivotal role in climate solutions
MENA
Tech boom: MENA emerges as global digital economy hub
Digital economy in region projected to increase from $180 bn in 2022 to $780 bn by 2030
Technology
Cisco to launch state-of-the-art cloud data center in the UAE
Center to enhance cybersecurity, connection performance for businesses of all sizes
Economy
Qatar’s economic growth normalizing: IMF report highlights resilience, favorable outlook
Expansion in LNG production and reforms to drive average growth of 5.5 percent
Banking & Finance
GCC banks to prove resilient in 2024 amid geo-economic challenges: S&P Global
Robust capitalization and profitability to uphold GCC banks, despite emerging risks
Miscellaneous
Abu Dhabi claims top spot as world’s safest city in 2024
Safest city since 2017, and still going strong
Economy
Qatar’s credit rating upgraded to Aa2 by Moody’s on strong LNG demand, fiscal improvement
First upgrade since 2007
Markets
UAE leads GCC with IPO proceeds of $6.07 bn in 2023
GCC countries witnessed 46 issuances with total proceeds worth $10.79 billion
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