GDP
The agency highlighted improvements in external finances driven by notable foreign investments and strengthened policy initiatives
Georgieva noted that Egypt's inflation reached 37 percent in 2023 but has decreased to between 25 percent and 26 percent
The Minister noted that women's participation in the workforce has reached 35 percent, surpassing the vision's target of 30 percent
Global factors, especially oil production and OPEC decisions, influence growth expectations for GCC economies
Group’s 2022 activity supported around 398,400 jobs across the UAE, or 14.1 percent of total employment in the non-oil sector
Globally, growth is expected to remain stable but lackluster, with projections of 3.2 percent for both 2024 and 2025
This marks the first consecutive rate reduction in 13 years
The committee noted that this decision reflects recent global and local developments
World Bank expects the UAE's inflation to reach 2.2 percent this year and decline to approximately 2.1 percent through 2025-2026
Growth in GCC countries is projected to rise from 0.5 percent in 2023 to 1.9 percent in 2024
UAE has emerged as a leading nation in the development of technology and AI-driven solutions
