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Video Archives
May 2, 2025
GCC investments to plug Egypt’s funding gap up to $12bln
Egypt is expected to see a slowdown in foreign direct investments (FDI) due to new US tariffs, but Gulf states could help the country plug its funding shortage over the next two years
The long-term foreign-currency issuer default rating (IDR) with a stable outlook mainly benefits from the UAE capital’s substantial sovereign net foreign assets, which were estimated to be 157% of the country’s gross domestic product (GDP) last year.
“The UAE’s economy is set to maintain its strong growth momentum, driven by rising oil output and robust activity in the non-oil sector, which is being supported by a loose fiscal stance” James Swanston, MENA economist at Capital Economics.
In this video, Zawya’s Farah Heiba dives deep into the financial world of clean energy, unpacking the challenges banks face when it comes to green investments.