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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
THIS MORNING: Pakistani PM arrives in the UAE + MGX to invest in OpenAI’s upcoming funding round?
AND- EU moves to delist UAE from money laundering blacklist
IFC backs UAE’s VUZ as it scales immersive media
The IFC’s investment marks a rare foray into consumer tech, signaling growing confidence in immersive media’s potential in emerging markets
Debt pressures to pile up on emerging markets amid trade uncertainty, World Bank economist says
Rising trade uncertainty and debt are slowing growth in emerging markets
World Bank upgrades growth forecast for the UAE, citing increased oil production and non-oil momentum
The bank cited non-oil momentum as a key growth driver, led by manufacturing
UAE economy to expand 5-6% this year -Al Marri
Growth will be driven by strong performances in sectors like technology, renewable energy, trade, financial services, and infrastructure
World Bank slightly cuts UAE’s growth forecast for 2025
The bank previously saw the economy growing at a 4.1% clip in 2025
World Bank maintains growth forecast for the UAE this year and in 2025
The forecast is attributed to the 4.1% expansion in the non-oil sector
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