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Capital Intelligence affirms UAE’s credit rating at AA- with a stable outlook
The ratings are supported by the UAE’s stable political environment, high GDP per capita, and solid banking system
UAE’s GDP surpassed AED 1.7 tn in 2024
The country’s foreign trade is projected to exceed AED 2.8 tn during this period
THIS MORNING: Dubai Land Department to roll out a smart rental index in January + health and auto ins. premiums in the emirate to rise next year
PLUS: UAE becomes largest investor in new business projects in Africa
CBUAE maintains 2024 growth forecast, dials back 2025 growth expectations on extension of oil supply cuts
The central bank dialed back its forecast for GDP and non-oil GDP growth in 2025
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…
The IMF downgrades growth projection for the UAE in 2024, but remains upbeat
Non-oil sector growth, government reforms, increased public spending, and a hike in oil production will support growth
Economy to grow at 3.7% in 2024 -ICAEW
The non-oil economy is predicted to grow by 4.5% in 2024
S&P Global upgraded Ras Al Khaimah’s sovereign credit ratings with a stable outlook
The ratings agency sees the emirate growing at 4% from this year to 2027
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