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War puts regional growth heads on the path to a contraction
It’s not all bad news for regional growth prospects this year, with windows of opportunity in sectors like AI offering…
World Bank’s worst-case scenario for global growth is rapidly approaching
Developing countries that have yet to recover from the pandemic would be hit the hardest
Moody’s holds UAE at Aa2 despite contraction warning, World Bank downgrade
Moody’s expects the UAE economy to contract 7% this year, while the World Bank has more than halved its growth…
World Bank warns of prolonged economic strain from Iran war
World Bank warns of slower growth and higher inflation even under ceasefire scenario
World Bank reaffirms UAE’s 2026 growth at 5%, while GCC is poised to outpace global growth
GCC growth rate is projected at 4.4% in 2026 amid non-hydrocarbon expansion
World Bank maintains forecast for UAE’s GDP at 4.8%
The non-oil sector is expected to continue to drive growth next year
World Bank upgrades GDP growth forecast to 4.8% in 2025
Financial services, constructions, transport, and real estate sectors are offering significant contributions to the economy, the World Bank said
THIS MORNING: G7 summit kicks off against the backdrop of escalating Middle East tensions
Plus: Dubai to implement flexible working for government employees this summer
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