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CBUAE keeps interest rates unchanged
Federal Reserve Chair Jerome Powel said that the US’ tightening of rates is likely to let up soon
Economy to grow 4.8% in 2024, ICAEW says
The projections are more bullish than the World Bank’s
AM Best affirms Al Fujairah National Ins Company rating, outlook negative
Ins.-focused ratings agency AM Best affirmed Al Fujairah National Ins Company (AFNIC)’s financial strength rating at B++,and the company’s long-term…
Non-oil private sector activity continues to grow
Purchasing levels hit a six-year high
AED for CNY, continued
The renewed agreement is worth AED 18 bn and spans five years
Dubai inflation at seven-month high
Soaring transportation costs are a major reason behind the price hikes
World Bank sees weaker growth this year
GDP is weighed down by lower oil output and a global economic slowdown
S&P affirms Sharjah’s credit rating + T&C assessment; outlook stable
Sharjah is expected to stabilize its debt-to-GDP ratio and improve fiscal performance
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