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Remittance outflows from the UAE fell 3% y-o-y in 2023 -World Bank
The UAE's remittance outflows are the second highest globally in 2023
Non-oil business sees slower growth in June amid increased competition and accumulated backlogs
Dubai’s PMI slipped to 54.3 last month
BIS warns against slashing interest rates too soon
Central banks should keep an eye on risks like high public debt and falling property values
Ajman’s economy grew 6.25% in 2023
Manufacturing accounted for nearly 19% of GDP
We’re paying less at the pump this month, again
Plus: New regulations for social media ads take effect today
UAE’s FCY issuer default rating affirmed at AA-
The rating agency expects a fiscal surplus for the next three years
Abu Dhabi’s FCY issuer default rating affirmed at AA
The ratings agency expects a fiscal surplus for the next two years, albeit at narrower rates
UAE ranks 7th competitive economy in the world
The UAE secured top 10 ranks in over 90 indicators
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