The GCC nations’ bond sales are expected to nudge down this year, compared to $78 billion notes a year earlier as issuers become more cautious on the back of growing interest rates and market volatility, JPMorgan Chase & Co. said.
The UAE, Saudi Arabia and Egypt will drive economic expansion in the Middle East and North Africa in 2019, even as recession in Iran weighs on the region’s overall growth, Fitch Solutions said in a report yesterday.
The US-China trade confrontations, Brexit and other uncertainty are threatening to drag down global growth even further, the International Monetary Fund warned Monday.
Five UAE-focused papers will be published during next week's third UAE Public Policy Forum, the content of which will tackle issues that are in need of more focus if the country is to meet the UN's sustainable development goals (SDGs) by 2030.
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