Tag: IMF

IMF raises Saudi growth forecast to 4% for 2025 and 2026 

RIYADH: The International Monetary Fund has raised Saudi Arabia’s economic growth forecast to 4 percent for both 2025 and 2026.  In its October World Economic...

Saudi Arabia emerging as an economic ‘powerhouse,’ says top IMF official

Saudi Arabia’s role in the international financial system is growing, solidifying its position as an emerging economic “powerhouse,” according to a senior executive.  In an...

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...

IMF’s $1.1 bln tranche to help Pakistan’s economic stability: PM Sharif

The disbursement of $1.1 billion by the International Monetary Fund (IMF) will help Pakistan achieve greater economic stability, Prime Minister Shehbaz Sharif said on Tuesday,...

IMF Launches Regional Office in Riyadh

The International Monetary Fund (IMF) on Wednesday launched a regional office in Riyadh, becoming the Fund’s first office in the Middle East and North...

IMF Boosts Saudi Arabia’s 2025 Growth Forecast Again, Making it Second-Fastest Growing Economy

The International Monetary Fund (IMF) has further strengthened its positive outlook for the Saudi Arabian economy by revising its 2025 growth forecast upwards for...

Mohammed bin Rashid meets with IMF Managing Director ahead of WGS 2024

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, met with Kristalina Georgieva,...

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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...