Economy

Abu Dhabi disburses AED1.5 bn worth of housing benefits

The second benefit package was announced during Eid Al Adha

Business confidence index in Bahrain surges 2.8%

Current index rose 13.01 points compared to 2021

Why are global food prices still dropping?

FAO Food Index decreased to 2.3%

EIU: Oil helps Gulf countries diversify their economies

Saudi, UAE made attracting FDI a mainstay in development plans

Egypt’s foreign reserves lose 18.45% of value in 6 months

External support is required to avoid uncontrolled currency depreciation

Will global trade soon end its positive trend?

Global trade reached record $7.7 trillion Q1

Scandals behind Brexit champion Boris Johnson’s fall

Britain's economy under pressure from high inflation levels

These UAE employees are the third highest-earning worldwide

Compared to other global technology hubs like London, Berlin

How is war-driven inflation is impacting poverty worldwide?

Over 71 million are pushed into poverty in just 3 months

UAE sets new requirements for real estate brokers

Move to promote national economy's status in various global markets

Why is China’s debt going to climb to a record-high in 2022?

The leverage rate is expected to rise by 11.3 percentage points

Oman’s public debt to decrease by end of July to 18.6 billion riyals

The Sultanate will repay a financing loan before its due date

IMF could not rule out possible global recession next year

"A longer-lasting tightening would complicate the global economic outlook"

The Fed: A more restrictive policy if inflation does not go down

Expect a new rate hike of 50 or 75 basis points in July

Qatar’s consumer price index rises 5.41% in June

It registered a slight MoM increase of 0.01 percent

UAE launches new incentives to attract 300 digital companies

“We want to be one of the top 10 countries globally to attract FDI"

Dubai’s Salik appoints first CEO ahead of listing on DFM

Appointment made at first Board meeting since Salik went public

Inflation will not moderate, it is a runaway train

"Inflation in Europe and the US could reach 8 percent"

Saudi non-oil private sector gallops despite inflation

S&P: Upturn underlined by a robust increase in new business levels

UAE non-oil private sector growth slows as inflation bites

Input costs in the non-oil sector rose sharply in June