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April sees slower non-oil business expansion due to the storm
Non-oil business activity eased to 55.3 in April, down from 56.9 in March
Saudi GDP contracts again in 1Q 2024 due to lower oil activity
The downturn was once again due to a decline in oil activity, which fell by 10.6% y-o-y in the last…
CBUAE leaves interest rates unchanged
The central bank maintained its overnight deposit rate at 5.40% and the overnight lending rate at 5.90%
THIS MORNING: Stormy weather ahead + Agility Global hits the ADX today
Good morning, lovely people. It’s expected to be a stormy day today, so strap in and stay home if you…
Chief AI officers for all Dubai gov’t entities + Sidara offloads USD 1.4 bn stake in Worley
Good morning, friends. We have another brisk issue for you this morning, dominated by earnings, debt, and AI news, as…
Total foreign trade reached a record AED 4.45 tn in 2023
The UAE also ranked 15th globally for outward FDI in 2023s
Dubai airports are officially back to normal + ADQ to buy USD 1 bn stake in Australian asset manager
Good morning, friends. It’s a big day of news here at home today, with an update on Spinneys Dubai’s IPO,…
Abu Dhabi’s non-oil foreign trade up 7% in 2023
Imports increased 19% y-o-y to over AED 136.4 bn last year
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