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The economies of the UAE and Gulf countries will outpace the global forecast for 2024, helped by the domestic multi-year investment cycle in the region, according to First Abu Dhabi Bank’s 2024 Global Investment Outlook (GIO) Report

FAB: GCC Will Outperform Global Economy in 2024

Group’s Global Investment Outlook 2024 report recommends investors diversify asset allocation, points to opportunities in MENA ESG investing. The economies of the UAE and Gulf...

New UBS Report Reveals Key Factors for Emerging Markets Competitiveness

UAE economy on a recovery path thanks to ongoing fiscal stimulus measures, spending related to hosting Dubai Expo 2020, rate cuts, and continuing diversification...

Regional markets positively influenced by Q2 2019 corporate earnings

Global equity markets closed in negative territory during the week, as they were influenced by corporate earnings and the renewed tensions in US-China trade....

UAE climbs three spots in Growth Promise Indicators report

The UAE ranked as high as 22nd from among 180 countries overall, and ahead of other Middle Eastern countries. The nation’s macroeconomic stability, openness,...

IMF: Dubai Made a Significant Progress

By the end of June, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with the United Arab Emirates. The...

Chairman of Swiss UBS considers outlook of UAE economy as ”promising”

Today, H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum received Mr. Kaspar Villiger, Chairman of Swiss UBS AG. The meeting reviewed activities of the...