Economy

UAE lays foundations for innovation-driven future

This year also witnessed a major shift in UAE work practices

$200 billion poorer, Musk still second richest

Tesla lost about half of its market value over the past year

Has Saudi strengthened its 2030 World Cup bid with Ronaldo signing?

$75 million per year contract with Al Nassr football club.

What are the major highlights for 2022? What will 2023 bring?

IMF expects global growth to slow to 2.7% in 2023

Mastercard economic outlook for 2023

What the ‘multi-speed’ global economy means

Key financial strategies to consider amid high inflation

For businesses these days, keeping the lights on is challenging

Sisi: Egyptian banks will cover all dollar needs for goods’ release

The Egyptian Central Bank monitors illegal dollar practices

189% Inflation rate in Lebanon, IMF loan status unknown

Water, electricity and gas costs more than quadruple

Will the GCC IPO boom continue in 2023?

Global investors find the region increasingly attractive

UAE’s Ministry of Economy imposes AED 3.2 mn worth of fines

Over six designated non-financial businesses and professions

Will the CBE raise interest rates at Thursday’s meeting?

Expectations of an increase of 100-200 basis points

Arab leaders congratulate Qatar on its National Day, World Cup’s conclusion

National Day comes under the slogan "Our unity is the source of our strength",

UAE to host WTO’s 13th Ministerial Conference in Q1 2024

Abu Dhabi to welcome leaders and dignitaries from WTO’s 164 member states

ADGM welcomes UK delegation led by Minister of State for Media

Visit focused on co-operation and partnership in the digital economy space

IMF approves $3 billion loan to Egypt

Egyptian Cabinet: Agreement aims to reduce debt

Celebrate well this New Year. More fireworks in 2023 await

New shocks could dip the world into a recession

ECB raises interest rates, expects large future increases

Lagarde: Risks to growth prospects negative, especially in near term