IMF

Abu Dhabi has been selected to host the 2029 IMF and World Bank annual meetings, underscoring the UAE’s growing global financial influence and commitment to international economic cooperation

The IMF sent a staff mission to Beirut earlier this month

Regional oil exporters are benefiting from higher oil production as well as increased public investment and implementation of structural reforms

The International Monetary Fund and economists estimate Riyadh needs oil prices of over $90 a barrel to balance its budget

The MENA non-oil importers are now expected to see real GDP growth of 3.4 per cent in 2025, versus an earlier forecast of 3.6 per cent

Saudi Arabia, the world’s top oil exporter and a G20 economy, had previously been expected to see a sharp growth rebound in 2025 on the back of higher crude output

Georgieva emphasised the need for rebalancing policies — fiscal, monetary, and structural — that reduce vulnerabilities and mitigate trade frictions

The precious metal has been found spread across a 32-kilometre long stretch