GDP
Investors fueled the increase as they continued to assess geopolitical concerns in the Middle East
The IMF expects growth to strengthen by 4.2 percent in 2025
The report predicts an 18.1 percent average annual headline inflation rate
The 2024 figure represents a 0.1 percentage point increase from the previous World Economic Outlook report in January
The report indicates the UAE's current account surplus is expected to reach 8.4 percent in 2024 and 8.3 percent in 2025
How International Financial Institutions (IFIs) can help countries navigate economic challenges
Businesses need to be agile, adapt their strategies and invest in digital infrastructure
Sustained oil output, growing non-oil investments key to healthy economy
This represents an increase from $35 billion in the previous year
The Central Bank also projected a non-oil GDP growth of 4.7 percent in both 2024 and 2025
Oil production cuts to keep economic growth low at about 1.4 percent in 2024
