DUBAI / WAM The International Monetary Fund (IMF) on Wednesday hosted a hybrid event to launch the May 2023 Regional Economic Outlook (REO) for the Middle East and Central Asia region at the Dubai International Financial Centre. The IMF finds that despite global shocks, growth in the Middle East and North Africa (Mena) region was higher than expected last year. …

ABU DHABI / WAM The real estate sector in Abu Dhabi has continued its growth trajectory in the first quarter of this year, with 5,472 property sales and mortgages recorded worth AED27.9 billion, compared to 3,304 transactions worth AED11.3 billion during the same period in 2022, according to official data released by the Department of Municipalities and Transport (DMT). The …

ABU DHABI / WAM Astra Tech (Astra), a leading consumer technology holding group based in the United Arab Emirates (UAE) signed a partnership with Etihad Airways, the national airline of the UAE, that will enable customers to book flights through Botim, the Mena region’s leading VoIP (Voice over Internet Protocol) solution, which was recently relaunched as an Ultra app. The …