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World Bank sees global growth slowing to a near two decade low in 2025
The 2.3% global growth forecast would mark the slowest rate of growth in almost 17 years
UAE’s non-oil business activity growth creeps to four-year low in May
The headline figure came in at 53.3 in May, down from 54.0 in April
Global growth is stalling
Global growth is set to fall below 3% for the first time since the pandemic
Abu Dhabi + Dubai inflation cools in April
The IMF expects the UAE’s inflation figure to come in at 2.1% in 2025
UAE banks saw the biggest quarterly growth in net income in the region in 1Q 2025 -Kamco
The sector’s top-line hit a new record high of USD 34.6 bn during the quarter
S&P sees Abu Dhabi’s GDP growing 2.5% this year
The emirate’s GDP grew by 3.8% last year
Dubai annual inflation dips again in April, as analysts slash inflation forecasts amid oil price pressure
Housing continued to be elevated, while transport dipped further
Fitch affirms Ras Al Khaimah’s long-term rating at A+ with a stable outlook
RAK’s GDP growth is expected to be boosted by the Wynn Al Marjan Island resort
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