Economy GCC economic data The latest economic indicators for the Gulf Co-operation Council countries: the United Arab Emirates, Saudi Arabia, Qatar, Kuwait, Oman and Bahrain July 22, 2024, 3:30 PM Unsplash/Robert Bock For the Middle East and North Africa, go to our Mena economic data page The charts and tables on this page are for general information purposes only. AGBI aims to keep the information up-to-date and correct, but makes no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability of the information. Any reliance you place on such information is therefore strictly at your own risk. All IMF and World Bank data on this page is publicly available. The latest IMF World Economic Outlook was published on April 16 2024; the World Economic Outlook Update was published on July 16
Retail Retail rents rise at Dubai malls due to lack of supply Rents in Dubai’s retail sector grew by an average of 15 percent in the third quarter of this year, as a lack of new supply and high demand from shoppers meant it remained a landlords’ market at the emirate’s popular malls. There were no new completions of retail space in the second quarter of the […] 4 hours ago
Finance Lebanon placed on financial task force ‘grey list’ Lebanon has been added to the Financial Action Task Force’s (FATF) “grey list” of countries under increased scrutiny, the global financial crime watchdog announced on Friday. Algeria, Angola and Côte D’Ivoire join Lebanon as the latest jurisdictions subject to heightened monitoring. The FATF places countries on this list when they exhibit serious deficiencies in addressing […] 2 days ago
LUNCH WITH FRANK KANE Finance Richard Attias: ‘I feel more welcome here than in France’ Over a Parisian-length lunch in Riyadh, Richard Attias, CEO of the FII Institute, gives Frank Kane a taster of next week’s record-breaking investment gathering in Saudi Arabia – and explains the failure of leadership in today’s polarised world 3 days ago
Industry Copper-trading centre in Abu Dhabi planned by UAE’s IRH The UAE’s International Resources Holding (IRH) intends to set up a copper trading hub in Abu Dhabi, as the market looks to forecasts from China on the direction of prices. IRH, an arm of International Holding Company, said it plans to target “over 500,000 tonnes of green copper annually by 2025”. “This initiative will further […] 3 days ago