GDP

UAE gold prices increase, global rates recover as markets await key U.S. economic data

Gold could remain between $2,300 and $2,350 unless a fresh catalyst emerges

UAE’s travel and tourism sector anticipated to contribute $64.25 billion to GDP in 2024: Report

According to the report, the number of jobs in the sector will increase by over 23,500, reaching nearly 833,000

China leaves benchmark lending rates unchanged in line with market expectations

The country kept one-year LPR at 3.45 percent, five-year LPR at 3.95 percent

Oil prices rebound by 27 cents, Brent crude reaches $87.27 per barrel

Investors fueled the increase as they continued to assess geopolitical concerns in the Middle East

IMF projects MENA region’s GDP to grow 2.7 percent in 2024

The IMF expects growth to strengthen by 4.2 percent in 2025

Egypt’s GDP expected to reach 4 percent in FY 2024/2025: Ministry of Finance report

The report predicts an 18.1 percent average annual headline inflation rate

IMF raises global growth forecast to 3.2 percent, lifts outlook for UAE, Saudi Arabia

The 2024 figure represents a 0.1 percentage point increase from the previous World Economic Outlook report in January

World Bank raises forecast for UAE’s real GDP growth to 3.9 percent in 2024; 4.1 percent in 2025

The report indicates the UAE's current account surplus is expected to reach 8.4 percent in 2024 and 8.3 percent in 2025

IMF’s executive director Dr. Mahmoud Mohieldin on fund’s pivotal role in shaping the future of the global economy

How International Financial Institutions (IFIs) can help countries navigate economic challenges

Visa’s CEMEA President Andrew Torre on getting ready for the next wave of digital disruption

Businesses need to be agile, adapt their strategies and invest in digital infrastructure

Bahrain’s GDP grows by 2.4 percent to $36.08 billion in 2023

This represents an increase from $35 billion in the previous year