GDP
Abu Dhabi's non-oil activity will remain dynamic, growing 5 percent this year after a 9.1 percent expansion in 2023
Brent oil futures for August delivery dropped 0.4 percent to $84.91 per barrel
The sector recorded more than 280,000 transactions since the beginning of 2024
ICAEW has also lowered its 2024 inflation forecast for the GCC region to 2.2 percent this year and 2.1 percent next year
Bahrain's FDI stocks relative to GDP stood at 99.7 percent as of the end of 2023
Türkiye recorded the highest growth at 2.4 percent in Q1 of 2024 followed by India at 1.9 percent
This represents a significant increase compared to the previous fiscal year, when the surplus was only $2.43 billion
The broader MENA region is expected to grow 2.8 percent in 2024 and accelerate to 4.2 percent in 2025
One in four developing economies is expected to remain poorer than it was on the eve of the pandemic in 2019
The report highlighted the ongoing structural and financial reforms in the country
Dollar accounts for over 60 percent of global central bank reserves, making it the world’s most widely held currency
