GCC Economies Expand in 2022; SFD Funds Climate Project in Grenada; Oman's Credit Rises; UAE Pledges Aid Funding; IMF Closes Meetings Without Consensus

GCC states achieved 7.3% GDP growth in 2022, led by 4.8% expansion in non-oil sector

SFD signed $100m loan agreement to develop climate-smart infrastructure project in Grenada

Oman's credit balance increased 6.8% year-on-year in August, reaching $79 billion

UAE allocated $200m to aid low-income nations in poverty reduction and growth

IMF closed annual meetings without consensus on funding terms and conflict language