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Economy
Economy
Kuwait to address demographic imbalance in the country
Long-term strategy to address demographic imbalances in the country
Economy
Tech jobs in the GCC may add $225bn to GDP by 2030
This would help create some 600,000 technology jobs
Economy
UAE non-oil private sector grows strongly despite inflationary pressure
S&P: UAE’s economy"continues to recover strongly from the pandemic
Economy
Jadwa expects Saudi’s foreign reserves to reach $581 billion by end 2022
The kingdom could make $400 billion from oil industry this year
Economy
Low-to-mid income countries hit the hardest by soaring food prices
Forecasts of rating downgrades, impact on GDP
Economy
MAF plans to invest up to $1bn in Egypt over next 5 years
Many investors are showing interest in setting up investments in Egypt
Economy
Saudi exempts taxpayers from fines
The initiative aims to mitigate the economic fallout of the pandemic
Economy
Biden pledges to Fed chief freedom of action to confront inflation
The Open Committee meets on June 15, to approve 50 basis points increase
Economy
Oman supports fintech technology services via digital currency
Growing Arab interest in evaluating the process of issuing CBDCs
Economy
Abu Dhabi’s exceptional financial strength is shielded from external shocks
S&P: The emirate's growth to accelerate over 5% in 2022
Economy
The $30 billion food security question facing the GCC
Can vertical farming help relieve reliance on food imports?
Economy
Sudden regulatory changes bolster the region’s status as ideal business hub
51% of legal decision-makers describe sudden changes as “challenging”
Economy
Qatar Central Bank forecasts GDP growth of 3.5 pct in 2022
The country plans fintech licensing soon
Economy
UAE’s ADQ to allocate $10bn for investments with Egypt, Jordan
This will increase wheat, corn production to 30 million tons per year
Economy
The depositor in Lebanon a victim of special interests
Continued bleeding of the Central Bank's reserves in foreign currencies
Economy
Dubai ranks 1st regionally, 2nd globally in 2021 creative economy FDI projects
Dubai attracted FDI worth AED 50.9 billion from 2017 to 2021
Economy
Egypt to increase agricultural exports to $3.6 bln
Other plans include increasing industrial exports to reach $30 bln
Economy
Saudi: Investing in female workforce could generate $400 bln
Women will improve the economic prosperity of Saudi
Economy
78% of UAE shoppers research products but buy elsewhere
Majority of UAE consumers check at least 3 sources before buying
Economy
IIF lowers forecast for global growth
The institute expects strong growth in ME
Economy
Moody’s changes its outlook for Egypt to “negative”
FDI from privatization are projected at $10 billion annually over 4 years
Economy
Qatar to invest $12.5 billion in UK
"We hope this will bring many opportunities to the UK, Qatar in the future"
Economy
Kuwait seeks solution to “Bidoon” situation at the expense of expats
Replacing expat labor preserves demographic make-up
Economy
IMF: $1.4 trillion expected oil revenues for Gulf countries in 5 years
Azour: GCC countries do not suffer from high prices like other countries
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