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ECONOMY

Saudi Arabia estimates fiscal deficit of 3.6% of GDP in 2027, finance ministry says

Saudi Arabia estimates fiscal deficit of 3.6% of GDP in 2027, finance ministry says

Total expenditure was estimated at $370.21bln and revenue projected at $319.61bln in 2027

Saudi Arabia estimates fiscal deficit of 3.6% of GDP in 2027, finance ministry says
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BONDS Emirates NBD prices CHF150mln green bond
INVESTMENT Singapore SWF Temasek plans outposts in UAE, Saudi Arabia
INVESTMENT London-based investment firm Pantheon opens Abu Dhabi office
REAL ESTATE UAE-based Aldar, Arada form JV, plan $4bln development pipeline in Abu Dhabi
SUKUK Saudi sukuk inclusion in JPMorgan index to boost local debt market
FINANCIAL SERVICES PODCAST: How Egypt can unlock the growth it needs to reach its full potential
FINANCIAL SERVICES VIDEO: US proposed sanction on Banque Misr UAE branches has limited ratings impact: Fitch
FINANCIAL SERVICES VIDEO: Testimonials from Zawya’s GCC Capital Markets Forum
FINANCIAL SERVICES VIDEO: GCC central banks raise interest rates after US Fed rate increase
ACQUISITION VIDEO: UAE-listed MAIR Group to acquire 70% stake in Espressolab owner Eslab
ISLAMIC FINANCE DIB welcomes Mr. Fadhel Abdulbaqi Al Ali as new Chairman of the Board of Directors
TELECOM E& UAE launches world’s first commercial U6GHz network
OIL Gulf crude oil exports return to 2025 level, Goldman Sachs says
TRANSPORT The Integrated Transport Centre launches “DUNE” platform for smart planning and AI-powered decision-making
INTEREST RATE Fed's Williams sees no urgency for next Fed rate hike
EXECUTIVE MOVES
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India's Kotak Mahindra Bank names insider Anup Kumar Saha as next CEO
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