Economy

Fitch: Only sovereign debt in the Middle East is improving

Emerging markets face high external financing needs

Oil prices keep non-oil economic growth in the GCC strong

IIF: impact of tightening US monetary conditions on Gulf banks limited

When is Eid al-Adha in these countries?

Islamic nations follow Saudi in observing Dhul-Hijjah's crescent

UEFA acknowledges Qatar’s progress on labor standards

The meeting highlighted the need to implement additional legal support

The ECB activates its first line of defense tomorrow to prevent debt crisis

Soon to announce a new tool to combat jumps in bond yields

Saudi’s jobless rate falls to lowest since 2008

It registered 10.1 percent at the end of Q1

Global CB chiefs: Reducing inflation will be painful

S&P: Challenge is controlling inflation while avoiding stagnation

Lebanon’s economic recovery plan in the amendment catacombs

The state and central bank bear part of the responsibility

Saudi attracts $1.97 bn FDI in Q1

Inflows rose 9.5% compared to the same period in 2021

The Saudi Cabinet approves a series of new laws

Companies Law facilitates establishment of organizations, encourages bold investment

Dubai to maintain post-pandemic recovery amid GDP growth

International passenger traffic to continue pandemic recovery

Lagarde: We will raise rates faster if necessary

Central bankers gather in Portugal for their annual conference

Egypt: Budget deficit decreases to 436.6 bn pounds in 11 months

This is equivalent to 5.5% of the country's GDP

Non-oil trade between UAE, Japan valued at $3.5 billion in Q1 2022

Intra-non-oil trade between two countries reached $13.3 billion in 2021

Bahrain’s future fund assets jump 20.4% to $626.9 mn

Fund recorded a positive return on investments of 10.4%

Shopping online or in-stores? Here’s what women want

50% looked up the product online before going to the store to buy it

Fears of a recession cause a sharp drop in commodity prices

This is partly driven by the acquisition of stocks trading at a premium

The G7 launches massive $600 bn projects to counter China

Targets tackle climate change, health, equality, digital infrastructure

Egypt Central Bank fixes interest rates after raising them 3%  

Finance Minister worried about further rate hikes

Saudi Crown Prince-Erdogan meeting: agreement to develop cooperation

Trade exchange during 5 years amounted to about 103 billion riyals