GCC share of emerging market USD debt climbs to 35% in 1Q -Fitch
The total GCC debt market crossed USD 1 tn by the end of March
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The total GCC debt market crossed USD 1 tn by the end of March
Emerging markets are also gaining favor
Last week saw the first fintech go live under the CBUAE’s Open Finance Framework
Businesses face tough choices as tariff effects squeeze both supply and demand
The 9% business tax was introduced by the Finance Ministry back in June 2023
Plus: UAE, Saudi Arabia in talks with Korean arms contractor
Rising trade uncertainty and debt are slowing growth in emerging markets
Most economies are approaching or have crossed their “demographic turning
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