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IMF forecasts UAE GDP growth of 3.4% in 2023

MARRAKESH/ WAM The International Monetary Fund (IMF) has forecast that the UAE’s real GDP will grow by 3.4 percent in 2023 and 4 percent in 2024. The IMF’s forecast is in line with that of the World Bank, which released a similar estimate two days ago. The IMF said that the UAE’s current account balance is expected to be about ...

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Abdullah bin Zayed discusses regional de-escalation efforts in phone call with Japanese FM

ABU DHABI / WAM H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, discussed ways to stop the escalation between the Palestinian and Israeli sides and protect civilians during a telephone call with Yōko Kamikawa, Minister of Foreign Affairs of Japan. The UAE top diplomat discussed with his Japanese counterpart the repercussions of the ongoing escalation, especially the ...

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