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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBlack swans happening once every three months, UAE economy minister says on tradeAbdullah bin Touq Al Marri, the UAE economy minister, says geopolitical tensions across the world are causing trade disruptions regularly.
Persons: Abdullah bin Touq Al Marri Locations: UAE
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUAE economy minister speaks about the latest push to diversify the non-oil economyAbdullah bin Touq al Marri, the UAE economy minister, speaks to CNBC's Dan Murphy on how the country is targeting 7% annual growth in order to reach its GDP goal.
Persons: Abdullah bin Touq al Marri, CNBC's Dan Murphy Organizations: UAE Locations: UAE
While on a working visit to Russia, the UAE president briefly toured the country’s pavilion at the St. Petersburg International Economic Forum (SPIEF). For the UAE, this is a “calculated risk” it is willing to take, part of the Gulf nation’s policy of de-escalation and dialogue in an increasingly polarized world, a top UAE official told CNN in exclusive comments on Thursday. “This polarization has to be broken,” Anwar Gargash, the diplomatic adviser to the UAE president, said. Meanwhile, its bilateral trade with Russia increased by 68% to $9 billion in 2022, mostly Russian exports to the UAE. But the UAE’s policy towards Russia has invited warnings from the US that individuals and institutions that allow Russia to evade sanctions risk losing access to G7 markets.
Persons: Mohamed bin Zayed, ” Sheikh Mohammed, Putin, ” Anwar Gargash, , Sheikh Mohamed, Gargash, , ” Gargash, Brittney, Victor Bout, Sheikh Mohamed’s, Griner, Dina Esfandiary, Abdullah bin Touq Al Marri, Esfandiary Organizations: UAE CNN —, West, United Arab Emirates, St ., Economic, UAE, CNN, Putin, Crisis Locations: Abu Dhabi, UAE, Ukraine, Russia, St, St . Petersburg, , Europe, East, North Africa, United States, Al Dhafra, Israel, China, Iran, Turkey, SPIEF, Emirates
Making debt payments could become almost impossible. EGYPTEgypt's finances also look stretched despite it securing a $3 billion IMF rescue plan in December. The rating agency, which downgraded Egypt's credit rating again on Friday, highlights that only default-stricken Sri Lanka would need to pay more. "It would not be immaterial if it were to default" Ross said about the impact on global money managers. "These very wealthy Gulf countries have generally enhanced financial stability in the region," via their support he added.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNo economy in the world wants money laundering, UAE economy ministerUAE Economy Minister Abdullah bin Touq Al Marri speaks to CNBC's Hadley Gamble on anti-money laundering in the UAE.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInflation in the UAE could be around for at least the next six months, minister saysUAE Economy Minister Abdullah bin Touq Al Marri says it's important for the central bank to ensure it strikes a balance between its fiscal, monetary and economic policies.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInflation will be around for at least six months, UAE economy minister saysUAE Economy Minister, Abdullah bin Touq Al Marri, says inflation will be around for at least six months.
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