Browsing: infrastructure

UAE – After record-breaking rains hit the UAE, all emirates have been grappling with the impact of the natural calamity. The UAE President, in a statement issued today, has said that the safety of citizens and residents is the country’s top priority and subsequently ordered a study of the country’s infrastructure.

Most corporate and infrastructure firms in the GCC region benefit from broadly supportive credit conditions in their domestic markets. This is despite soft global economic growth, high interest rates, and considerable geopolitical risks in the Middle East, according to top ratings agency S&P Global.