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IMF now sees MENA economy contracting 0.5%
Global growth, on the other hand, is still forecast at 3% as the war and an AI boom cancel each…
UAE pulled in record USD 48.24 bn in FDI last year — but Unctad says regional war could make 2026 a different story
Unctad says the same energy and infrastructure investments that drove the record are the ones most exposed if the war…
THIS MORNING: A better-than-expected BoP last year + L’imad regroups for deployment
Plus: More bidders are eyeing Mubadala’s Brazil port and Dubai’s GDP was up 2.4% in 1Q
Oxford Economics sees faster growth ahead, conditional on a peace that could still fall apart
Lower oil lifts the outlook, but the truce is fragile, tariffs are coming, and AI supply chains run through vulnerable…
THIS MORNING: PMI posts worst June reading in five years + Adnoc eyes financial advice across the pond
Plus: Etihad looks to jump the queue for jets as overall business departures slump
S&P puts numbers on the UAE’s worst year in recent memory
Abu Dhabi will likely see its economy shrink 9%, while Dubai could see 2.5% contraction, and Sharjah and RAK are…
The Iran conflict has put the Gulf’s USD 124 bn remittance machine under strain — and workers’ savings buffers are running out
An initial panic-send has given way to a drawdown on reserves — and a potential collapse in flows by the…
Moody’s holds UAE at Aa2 despite contraction warning, World Bank downgrade
Moody’s expects the UAE economy to contract 7% this year, while the World Bank has more than halved its growth…
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