GCC
The inflation rate in its 22 member states is expected to decline to 3.3 percent this year, compared to 9.3 percent in 2023
Output and new orders increased at the fastest rates since Q3 2023
The growth rates exceeded those of the post-COVID recovery in mid-2020
Oman's addition brings AFAQ's total number of participant banks from the GCC region to 67
Oil production remains crucial in shaping the GCC region's fiscal and external balances
The sector spending within the GCC alone is tipped to reach $124 billion in 2028
The growth in earnings is driven by 11 percent lending growth and a rising interest rate environment
The interest rate on repurchase operations (repo) with the OCB for these T-bills is 6.00 percent
The report forecasts an upgrade for Bahrain if the government substantially lowers net debt-to-GDP via improved budgets
The airport's point-to-point passenger operations account for 25 percent of its total traffic
The bonds are divided into two tranches and aim to fund environmentally friendly projects
