Tag: S&P Global

UAE GDP to grow by 5.3 percent in 2024: S&P Global

Abu Dhabi: Leading credit rating agency, S&P Global Ratings, expects the UAE GDP to grow by 5.3 percent in 2024. This is better compared to 3.4 percent in 2023. The agency said UAE banks reported exceptional profits for 2023 due to lower provisioning requirements and higher interest margins. In addition to improved liquidity levels as […]

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