GDP

GCC banking sector poised for growth in 2025 on strong capital levels

Banks in the UAE will maintain robust growth in their lending activities, bolstered by relaxed monetary policies and a favorable economic environment

Global GDP growth to slow from 3.2 percent in 2024 to 3.0 percent by 2026: OECD

OECD warned that increased trade restrictions will hurt global economic performance and raise inflationary pressures

GCC economic growth to rise to 4 percent in 2025 despite trade headwinds: ICAEW

Gradual oil output hikes in the GCC region will generate oil-sector growth of 3.2 percent this year, following two years of contraction

J.P. Morgan cautions on 40 percent U.S. recession risk amid policy uncertainty

Kasman: “Where we stand now is with a heightened concern about the U.S. economy" 

GCC inflation reaches 1.7 percent by end of October 2024, reports GCC-Stat

Annual inflation is driven by housing prices up 6.4 percent, goods and services 3 percent, hotels 1.7 percent

Saudi Arabia’s GDP up 1.3 percent in 2024, driven by non-oil sector growth

The growth stemmed from a 4.3 percent rise in non-oil and a 2.6 percent increase in government activities.

Saudi Arabia’s liquidity grows 9 percent to $778.6 billion in 2024

Demand deposits, which constitute the largest share, accounted for 49.3 percent of the total liquidity at SAR1.440 trillion

New Abu Dhabi Pass from DCT and Etihad Airways to include 10GB tourist SIM card

Etihad passengers will receive an email link to access the Abu Dhabi Pass for free

DWTC-Informa reaffirms commitment to tripling Dubai’s MICE sector GDP by $14.7 billion by 2033

The move aims to attract investments and facilitate cross-border trade through its esteemed B2B Events platforms

Oman’s inflation rate averaged 1.4 percent between 2021 and 2024

The average GDP growth rate at constant prices was 3.9 percent from 2021 to 2023

Oil prices fall to $70.93 as China stimulus, U.S. inventories weigh

U.S. President Trump followed through on threats of increased tariffs against China, Canada, and Mexico