#economic diversification

Dubai Government approves Dhs246.6bn budget for 2024-2026

Dubai Government approves Dhs246.6bn budget for 2024-2026

The expenditure for the fiscal year 2024 alone is estimated at Dhs79.1bn, as the city seeks to accelerate growth and support the objectives D33

Fitch upgrades Saudi Arabia.

Fitch Ratings raises Saudi Arabia’s outlook on strong fiscal buffers

The kingdom has one of the highest reserve coverage ratios among Fitch-rated sovereigns at 18 months of current external payments

Dr Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, and chairman of the EDB Board of Directors

UAE’s EDB issues Dhs2.4bn in loans to industrial sector in H1 2022

EDB mobilised Dhs351m in capital in H1 2022 to support SMEs via its credit guarantee scheme

Five key stages for developing the tourism sector across the Middle East

Tourism is essential for economic diversification, growth, and job creation

UAE leads the GCC in economic diversification efforts – report

UAE ranks 16th in global rankings for ease of doing business

GCC heading for hotel supply glut

How can GCC countries turn economic diversification into a reality

In the wake of the Covid-19 pandemic and plummeting oil prices, GCC governments must reconsider their approaches to build diversified economies