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The IMF now sees the economy growing 4% this year
The fund had previously penciled in 3.5% growth
S&P maintained Sharjah’s sovereign credit rating with a stable outlook
The ratings agency has revised its forecast for the emirate’s GDP growth to 2.7% in 2025
Dubai inflation hits six-month high in April
Dubai’s annual inflation during April hits 3.9%
UAE led IPO activity in terms of proceeds in the MENA region in 1Q 2024
Plus: Alpha Dhabi will hold a shareholder vote on several acquisitions on 10 June
Dubai ranks first in the world for number of FDI projects in 2023
Plus: dnata plans global expansion
UAE eyes US support for chip manufacturing ambitions
Good morning, wonderful people, and happy FRIDAY. We hope you enjoy a calm weekend after a busy week of conferences…
Adnoc secures another 15-year LNG supply agreement for Al Ruwais
PLUS: UAE, Uzbekistan to ramp up trade
The UAE is eyeing 5% GDP growth this year
Plus: IMF delegation is in town for consultations
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