Jamal Abdullah Mohammed Technical Services
In what’s being known as probably the most important shift in U.S. commerce coverage in over a century, the introduction of “reciprocal” tariffs by the United States is rippling throughout international markets. Targeting imports from nations with massive commerce surpluses in opposition to the U.S., the brand new coverage
The world economic system faces rising threats of recession as tariffs escalate and commerce tensions deepen between main economies, warns Nigel Green, CEO of world monetary advisory big deVere Group. “World trade volumes are shrinking at the fastest pace since the 2008 financial crisis. Investors, businesses and policymakers should
UAE GDP Growth Strengthens as Non-Oil Sectors Expand The UAE GDP recorded a 3.8% progress within the first 9 months of 2024, reaching AED 1.322 trillion, pushed by sturdy enlargement in non-oil sectors. The non-oil economic system surged by 4.5%, contributing AED 987 billion to the general financial output,
Bank of Singapore efficiently concluded the CIO Summit, held in Dubai, the place its management and professional panelists explored key funding themes, their implications on international funding, and techniques for fulfillment. During the summit, the Bank unveiled its extremely anticipated “2025 Supertrends Report,” a refreshed outlook constructing upon the
Standard Chartered introduced in the present day its Global Market Outlook for 2025. In its report, the Bank highlighted the Gulf Cooperation Council (GCC) is anticipated to stay a shiny spot for international development in 2025. Despite a projected slowdown in international development to three.1% from 3.2%, the GCC
The UAE’s non-oil non-public sector closed 2024 on a excessive notice because the Purchasing Managers’ Index (PMI) reached 55.4 in December, its highest in 9 months. The newest knowledge from S&P Global underscores sturdy market situations, buoyed by elevated consumer demand and rising enterprise exercise. Key Highlights: PMI Growth:
City to welcome over 210,000 delegates in upcoming company, affiliation occasions and incentive teams, due to bid wins pushed by Dubai Business Events (DBE) 20% year-on-year development of variety of occasions secured, underscoring Dubai’s continued development as a frontrunner within the aggressive world enterprise occasions business DBE, town’s official
Non-oil financial actions recorded optimistic ends in the primary half of 2024, probably the most notable of that are: Transport and storage actions have emerged because the quickest rising non-oil financial sectors within the UAE’s GDP, attaining a progress charge of 8.4 per cent. The monetary actions and insurance
The Federal Reserve’s determination to slash rates of interest by 50 foundation factors—its first reduce in 4 years—has been welcomed by traders and market contributors. However, Nigel Green, CEO of deVere Group, feedback that the Fed “must not now lose its nerve” and wishes to stay aggressive. He says:
The Ministry of Economy organized a media briefing to overview the Federal Decree-Law No. 36 of 2023 on competitors regulation, which goals to advertise and shield competitors within the nation, fight monopolistic practices, counter dangerous financial focus of customers, assist the expansion of financial sectors and enhance productiveness, thus