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Economy
Economy
Powell admits raising interest rates could cause a recession
He stressed the US Central Bank's commitment to "strongly" reducing inflation
Economy
Saudi-Jordan joint statement emphasizes continued cooperation
Both sides to boost partnership in food security, health, and education
Economy
Lebanon central bank forensic audit date revealed
Audit is key demand before releasing funds
Economy
Why is cCommerce important to MENA’s retail markets?
MENA's retail markets are valued at $1 trillion
Economy
Final statement of the IMF mission: The economic prospects for Saudi positive
The Fund expects the Kingdom's GDP to grow by 7.6% this year
Economy
The Crown Prince in Jordan.. Saudi the largest investor with $14 billion
The Saudi-Jordanian Fund is a leap in promoting joint investments
Economy
Lebanon CB Governor: FX reserves down by $2.3 billion in 6 months
The state spent $62.6 billion via decrees over 10 years
Economy
Employees in the MEA frustrated with poor workplace technology
47% reported tech issues at work increased their stress levels
Economy
What do shoppers in the Middle East want nowadays?
63% of Middle East consumers still preferring shopping in-person
Economy
Oman’s GDP rises by 16%, reaches OMR33 billion
Total public expenditure decreased by 5.9 percent to OMR 12.2 bn
Economy
Sheikh Tamim bin Hamad inaugurates the Qatar Economic Forum
Under the slogan "Achieving Equality in Global Economic Recovery"
Economy
The outcome of Saudi Crown Prince’s visit to Egypt… agreements worth $7.7 billion
Trade exchange jumps 62% to $9.1 billion in 2021
Economy
Türkeye’s vortex of financial crises, with daunting chances of a rescue
The Turkish lira has lost 65 percent of its value since last September
Bahrain
Bahrain’s GDP grows 5.5% in Q1 2022
Non-oil economy recorded a growth of 7.8% in the same period
Economy
Extinguishing inflation plunges US economy into a recession
Yellen doesn’t see a recession as inevitable
Economy
UAE: Half of companies considering pay raises for employees
68% of companies are currently reviewing annual salary budget
Economy
Will the FED decisions drop the US economy into a recession?
Confidence in engineering a "safe landing" has diminished
Economy
Bank of England raises interest rates to 1.25%
It raised its forecast for peak inflation this year to just above 11%.
Economy
Kuwait: Sentencing details on traffic staffer that fled with fines ‘pocketed’
The employee stole an amount of KD 68,000
Economy
The Bank of England may raise interest rates to 1.25% at today’s meeting
The last time interest rates were breached by 1% was in 2009
Economy
The Federal Reserve raises its inflation forecast to 5.2% in 2022
The unemployment rate is expected at 3.7 percent by end 2022
Economy
Egyptian Cabinet approves agreement with Saudi’s PIF
Egypt plans $10 million worth of investments
Economy
ECB plans to work on a new anti-fragmentation instrument
Upon shocking emergency meeting to address rising borrowing costs
Economy
Saudi reports $4 bn investment deals in Q1
101 deals to create 5,800 new jobs in the domestic economy
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