World Bank
The region's non-oil sector is expected to grow 4.5 percent in 2024, 7.8 percent in 2025 and 8.6 percent in 2026
The World Bank is committed to achieving the SDGs and highlights the importance of collaborating with the UAE
The K-Hub will focus on two primary areas: competitiveness and diversification
UAE's economic growth is projected at 3.3 percent in 2024, driven by 4.1 percent non-oil sector growth
The collaboration will create an environment that equips individuals, businesses, and governments with the skills to thrive in the evolving financial landscape
Damages to physical structures alone amount to $3.4 billion while economic losses have reached $5.1 billion
At COP29, Sweden also pledged approximately $19 million to the fund for responding to loss and damage
In 2023, the global market capitalization of stablecoins exceeded $130 billion
Global factors, especially oil production and OPEC decisions, influence growth expectations for GCC economies
Strategy aims to support 250 million women with social protection programs
At the October 2023 IMFC meeting in Marrakech, the UAE announced a $200 million co-financing initiative for the PRGT
