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Economy
Economy
UAE, Saudi retain regional CSR leadership: Report
90% said that adopting CSR will have positive effect on businesses
Economy
42% of customers in UAE refuse to compromise quality over price
This is likely to reflect a higher average income across the country
Economy
Kuwait records 235 tenders worth $5.9 bn in 2021
MEW claimed lion's share with contracts valued at $353.7 mn
Economy
Fed likely to increase interest rates by 75 basis points tomorrow
If approved, increase will be the largest since 1994
Economy
El-Erian: Inflation in US could reach 9% and lead to a recession
Expect 50 basis points at the Fed meeting
Economy
“Fund” soon in Beirut, as government, banks intensify battle
IMF to open a representative office in Beirut
Economy
US inflation beats expectations, hits a new 40-year high in May
Yellen says the US is experiencing "unacceptable levels of inflation"
Bahrain
FDI in Bahrain increased to $1.76 bn in 2021
FDI inflow to GCC economies soar to $44 bn in 2021
Economy
Qatar invests over $26.7 bn in France in sports, real estate
Qatar's contribution to France's GDP increased to 3.07 bn euros
Economy
UNCTAD: Global FDI may decline or remain flat in 2022
FDI rebounded to nearly $1.6 tn last year
Economy
Egypt’s inflation quickens 13.5% in May on food price rise, devaluation
Categories like cereals, breads, oil, and fats saw a major price rise
Economy
Dubai’s PMI reached in May its highest level in three years
The highest employment index reading since December 2021
Economy
Customer-brand relationship re-established as in-person interaction re-emerges
Brands must re-imagine digital-first experiences that engage customers
Economy
WB: GCC countries will achieve 5.9% growth in 2022- Exclusive
1.2 percentage points higher than expected at the beginning of this year
Economy
Moody’s affirms Saudi’s credit rating at A1 with a stable outlook
"The government is able to control public finances and financial sustainability"
Economy
World Bank slashes global growth forecast to 2.9%
Ukraine war exacerbated the slowdown
Economy
Growth in Saudi exceeds expectations, achieves 9.9% in Q1
Results coming from a significant increase in oil activities
Economy
Boston Consulting Group appoints new head to its Middle East operations
Pablo Martinez to succeed Joerg Hildebrandt who led the company for 11 years
Economy
What’s 1 Turkish Lira going to buy you today? Almost nothing
Turkey says inflation will eventually taper off
Economy
UAE Central Bank expects growth of 5.4% this year
A strong jump of 8% in oil economy in 2022
Bahrain
Bahrain reveals the number of Golden Visa beneficiaries
Visas aim to attract talents, investors
Economy
Lebanon’s recovery plan will not see the light of day
IMF to reject plan that does not receive overwhelming domestic support
Economy
School year is ending: Will that impact Gulf economies?
Arab tourists to exceed 2 million in the summer season
Economy
Amid ‘super bad feeling about economy’.. Elon Musk cuts 10% of Tesla staff
He ordered pausing all hiring worldwide
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