Tag: 2025

UAE, Saudi Arabia forecasted for strong credit growth in 2025: Report

The increase will be supported by continued expansion in the non-oil sector Saudi Arabia and the UAE are expected to post strong credit growth next year...

Saudi Arabia’s non-oil economy to grow 4.4% in 2025: PwC

Kingdom’s non-oil economy expanded by 3.8% in first half of 2024 Saudi Arabia is aligning its economic diversification efforts with sustainability goals RIYADH: Saudi Arabia’s non-oil...

GCC banks to remain resilient in 2025 despite anticipated rate cuts: S&P Global

S&P Global predicts a manageable impact on bank margins GCC banking sector’s strong efficiency provides solid foundation for continued growth and resilience through 2025 RIYADH: Banks...

IMF predicts slightly slower global growth in 2024 and 2025

Global growth is expected to ease slightly to 3.2 percent this year and remain at that level in 2025, the IMF announced Tuesday, while...

IMF hikes UAE’s GDP growth forecast to 5.1% for 2025

The International Monetary Fund (IMF) on Tuesday increased UAE’s growth forecast for next year by 0.9 per cent on the back of strong growth...

Reversal of oil cuts to fuel GCC growth in 2025

The GCC region is poised for a significant rebound, with growth projected to more than double to 4.4 per cent in 2025 as oil...

Regional security spending set to increase 14% in 2025

End-user spending on information security in the Middle East and North Africa (Mena) region is forecast to total $3.2 billion in 2025, an increase...

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Cloudflare highlights emerging risks and realities of frontier AI models in cybersecurity research

Cloudflare shared new insights into the evolving role of...

Dubai unveils new $410m economic support package for businesses 

Dubai approved a new 1.5 billion dirham ($410 million)...

Dell Technologies rewrites the rules of storage modernization and performance with Dell PowerStore Elite

Dell Technologies (NYSE: DELL) introduces Dell PowerStore Elite, a...

flydubai, Cyprus Airways announce interline partnership to expand global connectivity

flydubai and Cyprus Airways have announced the launch of...

ADX achieves 99% compliance rate in Q1 2026 financial statements disclosure by publicly listed companies

The Abu Dhabi Securities Exchange (ADX) Group announced that...