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GCC economies are likely to expand at an average of 1.8 per cent in 2021 and 4pc in 2022, in part facilitated

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of e-commerce in the country with a population of 1.4 billion people, he added. “We have created

and Chairman of the UAE Tourism Council, said the Q1 2022 figures, which also exceeded those in 2020 and

$19.8 billion in 2020 and is forecast to hit $27.1 billion in 2022, according to a Fitch forecast.

Egypt Purchasing Managers’ Index (PMI) posted 48.1 in February. The index was below the 50.0 neutral

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for France’s dominant services sector fell to 53.1 points in January from 57.0 in December – below a

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