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Economy
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
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
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