The Spectator

Tag : middle east economy

Business

Egypt GDP rises 5.2% as foreign reserves climb

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CAIRO / MENA Newswire / — Egypt’s economy grew 5.2% in the first nine months of fiscal year 2025/2026, covering July 2025 through March 2026. The Ministry of Planning, Economic Development and International Cooperation reported the rate...
Business

Egypt secures $1 billion World Bank reform support

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Egypt gains new World Bank funding to boost private sector jobs, strengthen fiscal stability and support greener growth goals nationwide....
Business

GCC beats global average in 2026 economic freedom index

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GCC countries scored 66.9 in the 2026 Economic Freedom Index, beating the global 59.9 average as the UAE, Qatar and Oman led the bloc overall....
Business

CBUAE leaves base rate unchanged at 3.65%

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CBUAE kept the UAE base rate at 3.65% after the Federal Reserve held rates steady, leaving the overnight liquidity framework unchanged....
Business

UAE economy extends global rise on strong 2026 data

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ABU DHABI: The United Arab Emirates entered 2026 with a strong run of official economic data showing broad-based expansion across non-oil activity, trade, banking and investment, reinforcing its position as one of the region’s fastest-growing economies....
Business

UAE enters global top 10 exporters in WTO rankings

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ABU DHABI: The United Arab Emirates entered the world’s top 10 merchandise exporters in 2025 for the first time, ranking ninth globally after its goods exports rose to $707 billion, according to the latest World Trade...
Business

UAE enters global top 10 exporters in WTO rankings

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ABU DHABI: The United Arab Emirates entered the world’s top 10 merchandise exporters in 2025 for the first time, ranking ninth globally after its goods exports rose to $707 billion, according to the latest World Trade...
News

UAE President meets IMF Managing Director in Abu Dhabi

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MENA Newswire, ABU DHABI: UAE President Sheikh Mohamed bin Zayed Al Nahyan received Kristalina Georgieva, Managing Director of the International Monetary Fund, at Qasr Al Shati in Abu Dhabi on Monday, as the two sides discussed areas of...
Business

World Bank projects strong UAE economic growth through 2027

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MENA Newswire, ABU DHABI: The World Bank has forecast that the United Arab Emirates economy will grow by 5 percent in 2026 and 5.1 percent in 2027, positioning the country among the fastest growing economies in the...