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IMF maintains the UAE’s GDP growth forecast at 4%
Inflation is seen rising to 2.1% in 2025
UAE to disburse USD 1.5 bn loan to Kenya in single payment this week
Kenya will receive the loan by the end of the week
Emirates Development Bank targets AED 23 bn in financing for 2025
The bank reported a record 222% y-o-y increase in financing in 2024
IMF revises UAE’s GDP growth forecast down to 4%
The Fund also cut the UAE’s oil GDP forecast for 2025 to over 2%, down from 6.7% earlier
THIS MORNING: UAE agrees to roll over Pakistan loan another time + Dar Global eyes US, Greece expansion
Syria resumed flights to the UAE yesterday
ADFD expands its funding of Velana airport’s development by AED 147 mn
The fund provided an earlier loan of AED 183.5 mn in 2017
IMF sees oil GDP growing 6.7% next year, non-oil growth to come in at 4.5%
The Fund sees overall GDP growing at 4% this year, reverting to its initial forecast after revising it downwards to…
Hub71 launches Angel Investor Support Package
Plus: The Abu Dhabi Fund for Development loans AED 92 mn to Rwanda
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