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Economy
Economy
Fed trying to curb inflation, but won’t prevent a recession
Federal Open Market Committee raises interest rates by 50 basis points today
Economy
UAE’s retail sector booming in 2022
Consumer spending in retail stores increased by 14 percent in Q1
Economy
China’s Silk Road initiative pushing its way through the Gulf
How is the region preparing for this?
Economy
The US economy is contracting for the 1st time since COVID
The drop in production paints a misleading picture of the economy
Economy
Poll: Gulf economies will grow in 2022 at the fastest pace in 10 years
Saudi economy expected to grow at 6.3 percent
Bahrain
Formula 1 Bahrain… an important tourist and investment destination
Extending the contract until at least 2036
Economy
Macron victory did not boost the Euro, European stocks open lower
Investors' concerns about global growth
Economy
Deloitte: 19.7% of board seats held by women
"Important progress in the UAE and Saudi Arabia from countries in the Middle East"
Economy
The Federal Reserve admits mistake regarding inflation: We must act quickly
Powell: An interest rate increase of 0.5% at the Fed meeting in May
Economy
The World Bank is seeking a new crisis response plan
An emergency fund of $170 billion
Economy
UAE announces the launch of AED-denominated Treasury Bonds
Bonds valued at 1.5 billion dirhams
Economy
JP Morgan to investors via Economy Middle East: Diversify your portfolios
An average of $110 per barrel of oil is expected in the second quarter of 2022
Economy
Saudi, UAE’s growth outlook boosted by IMF
Lowered global economic growth to 3.6% for 2022 and 2023, down from 6% in 2021
Economy
IMF: Debt burden could hold growth back in developed countries
Temporary higher taxes on excess profits could be envisaged.
Economy
France’s elections: Will the economy re-elect Macron and drop Le Pen’s bid?
S&P's: Le Pen's presidency threatens prospects for French banks
Economy
UAE’s non-oil sector makes a significant contribution to the GDP
Non-oil contribution to GDP reaches 72.3 percent in 2021
Economy
The UAE approves a new system for residency and entry visas
Country enhancing position as ideal destination to live, work and invest
Economy
IMF will cut its global growth estimates
The financial institution downgraded its growth outlooks for 143 economies
Economy
Sports: From “hobby” to key Gulf diversification strategy
PWC expects the sports sector in the Middle East to grow by 8.7 percent
Economy
Fitch revises outlook on Saudi to positive; affirms at ‘A’
SAMA reserves to rebound above $500 billion in 2022-2023
Economy
Crisis in Ukraine could slash global trade growth by half in 2022
The crisis will reduce global GDP growth to 2.8 percent
Economy
Saudi PIF ranks 5th among world’s top SWFs
Assets valued at $620 billion
Economy
UAE addressing the startup gender gap
Directory launched for women-founded businesses
Economy
Large financial gap, a setback for sustainable development
UN: War likely to increase debt distress and hunger in developing countries
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