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Non-oil business growth sees continued “loss of momentum” in September
The UAE’s PMI slipped to its second lowest level in three years
Non-oil business activity slows to a three year low in July
Plus: Dubai’s PMI slipped to 52.9 last month
S&P maintained Sharjah’s sovereign credit rating with a stable outlook
The ratings agency has revised its forecast for the emirate’s GDP growth to 2.7% in 2025
Foot-dragging by the Fed on rate cuts is good news for GCC banks –S&P Global
Cutting rates by 100 bps trims rated Gulf banks’ net income by c. 9%, according to S&P Global
Are UAE ins. providers under pressure due to storm-inflicted damages? The jury’s out
UAE-based insurers saw 19% y-o-y income growth in 2023
Dubai's PMI hits half-decade peak
Dubai’s PMI reached 58.5 in February
Non-oil sector expands at the fastest pace since 2019
The index jumped to 57.1 in February
UAE and KSA lead sovereign sustainability-linked bond issuance in the Middle East
The Middle East saw USD 23 bn in green bond issuances last year
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