Latest news and articles about growth from NEX English
Mubadala Investment Company announced a significant increase in its assets, reaching <strong>AED 1.4 trillion</strong>, marking a growth of <strong>17%</strong> compared to last year. This growth reflects the company's commitment to enhancing its investment portfolio across various sectors.
Economic officials have confirmed that the national economy continues its positive growth despite the political and economic tensions in the region. This growth reflects the strength of local economic fundamentals.
Economic sources have announced a two-week ceasefire agreement, boosting investor expectations for a recovery in financial markets. This development comes at a critical time for the global economy, as attention turns to the effects of this agreement on economic stability.
The global credit rating agency announced that the United Arab Emirates has retained its Aa2 credit rating with a stable outlook, reflecting global confidence in its economy. This comes at a time when the UAE economy is experiencing notable growth despite global challenges.
UAE savings have seen a significant increase of <strong>37%</strong>, with national bond funds exceeding <strong>18 billion AED</strong>. This growth reflects investor confidence in the national economy, particularly as it recovers from the challenges posed by the COVID-19 pandemic.
Saudi company Almarai achieved revenues of 6.16 billion riyals ($1.64 billion) in the first quarter of 2026, marking a 7% increase from the previous year, driven by sales growth during Ramadan.
The UAE economy exhibits high levels of financial and economic resilience, enabling it to adapt to global challenges. This resilience stems from effective resource management strategies and sustainable growth initiatives.
Amid escalating tensions in the Middle East and rising global energy crisis risks, Saudi Arabia concluded March with strong domestic performance and ongoing regional leadership. Despite external pressures, the Kingdom maintained its operational stability and supported regional supply chains.
The United Nations Economic and Social Commission for Western Asia (ESCWA) forecasts that the Arab economy will grow by <strong>3.7%</strong> by <strong>2026</strong>, reflecting a significant improvement in economic performance amidst global challenges.
Retail sales in Hong Kong experienced a significant increase of <strong>12%</strong> in the first two months of <strong>2026</strong> compared to the previous year, driven by local economic growth and a rise in tourist numbers. According to preliminary figures from the Census and Statistics Department, retail sales reached <strong>35 billion Hong Kong dollars</strong> (equivalent to <strong>4.47 billion US dollars</strong>) in February.
As 2026 approaches, attention turns to the Middle East and Africa, where economic forecasts indicate significant changes that will impact growth and investment in these regions. Economic policies are expected to play a pivotal role in shaping the future of the area.
Recent economic reports indicate a significant improvement in economic performance, reflecting increasing confidence in the markets. These indicators enhance hopes for stable economic growth in the upcoming period.
The Egyptian government has unveiled a new economic plan aimed at enhancing growth and investment in the country. This initiative includes significant investments in infrastructure and the development of vital sectors.
The OECD has sharply raised its inflation forecast for Turkey to <strong>26.7%</strong> by the end of this year, while lowering its economic growth expectations to <strong>3.3%</strong>. This adjustment comes amid escalating tensions in the Middle East.
Philippine President Ferdinand Marcos Jr. has announced that his government will bear the brunt of the peso's weakness, citing limits to defending the currency amid the dollar's rise. Marcos aims to achieve a 6% economic growth rate by 2028.