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Finance
Moody’s Affirms UAE Aa2 Rating With Stable Outlook Amid Regional Conflict
Moody's Ratings affirmed the UAE's Aa2 long-term issuer ratings with a stable outlook on June…
UAE Minister Meets World Bank Leaders to Advance Finance and Sustainability Partnership
Mohamed bin Hadi Al Hussaini met with World Bank Managing Director Anna Bjerde in Dubai…
Riyad Capital Forecasts Saudi GDP Rebound to 6.8 Percent in 2027
Riyad Capital projected on June 10 that Saudi Arabia's real GDP would surge 6.8 percent…
Global Economy Forfeits $2.2 Trillion Annually to US-Iran War Impacts
The Institute for Economics and Peace reported on June 9, 2026 that the global economy…
Saudi GDP Grows 3 Percent in Q1 2026 as Government Activities Rebound
Saudi Arabia's real GDP expanded 3.0 percent year-on-year in the first quarter of 2026 according…
UAE M&A Activity Totals $2.2 Billion Across 33 Deals in Q1 2026
Ansarada reported on June 3 that the UAE recorded 33 mergers and acquisitions valued at…
UAE Non-Oil PMI Edges Higher in May on Domestic Demand Surge
The UAE non-oil private sector expanded modestly in May 2026 as the S&P Global PMI…
IMF Warns Prolonged Regional Conflict Threatens Saudi Medium-Term Growth
The International Monetary Fund warned on June 3, 2026, that a prolonged Iran conflict could…
Rating Agencies Affirm Gulf Sovereign Credit Ratings Despite Iran Conflict Risks
As of May 2026, Fitch Ratings, Moody's and S&P Global Ratings maintained the sovereign credit…
Riyadh Halts Consultancy Payments as US-Iran Conflict Strains Oil Revenues
Saudi Arabia froze payments to Western consultancies and stopped issuing new contracts in May 2026…
PwC Highlights Resilience of UAE, Saudi and Omani Economies Amid Hormuz Disruptions
The IMF has cut its GCC growth forecast for 2026 to 1.8 percent from an…
UAE Banking Chief Says Iran War Relief Shows Limited Economic Impact
On May 13, 2026, UAE Banks Federation chairman Abdul Aziz Al Ghurair said the Dh6.2…