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Market rates, such as the Turkish Lira Overnight Reference Rate (TLREF), have also aligned in the 46 percent range
The GCC's rebound is expected to be fueled by the phasing out of OPEC+ oil production cuts and continued expansion in non-hydrocarbon sectors
After keeping interest rates in the 4.25-4.50 percent range, Fed policymakers signaled that rate cuts are still likely to happen in 2025
The UAE economy's growth is driven by non-oil sector activity and rising oil production
Markets across the Middle East (non-GCC) came in second, with exports and re-exports totaling AED 25 billion
The Dubai Government continues to empower entrepreneurs by creating a supportive environment and implementing legislative frameworks to leverage growth
Non-oil sectors in the GCC are forecast to grow 4.1 percent this year, supported by strong domestic demand
DMCC hosts over 25,000 businesses, including more than 3,200 tech-focused companies
Drawing insights from 317 single family offices across more than 30 markets, the report covers a broad cross-section of global capital and influence
The president explained that full magnets and any necessary rare earths will be supplied, up front, by China
Global trade is expected to grow by 1.8 percent in 2025, down from 3.4 percent in 2024
The platform enables seamless trading and settlement in local currencies
