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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
Economy
Egypt’s economy grows 7.8% in first 9 months of FY 2021-22
Compared to 1.9% in the previous FY
Economy
Davos discusses future prospects of the Saudi economy
The Saudi wave will push all the ships in the region with it
Economy
Will there be a global recession?
The war in Ukraine likely a driving factor towards an economic slump
Economy
UAE: Non-compliant companies may pay up to AED 3,450 for work permits
The UAE introduces a new private sector company classification system
Economy
Al-Jadaan: Saudi to cut VAT rate after replenishing reserves
"We are at a final stages of designing our fiscal sustainability policy"
Economy
What reforms did the UAE make to its educational sector?
There was a big shake-up at the UAE Ministry of Education
Economy
Why Golden Visas continue to gain popularity
Portugal, which started its program in 2012, remains the most popular
Economy
A US soft landing unlikely…stagflation knocking on the door
Jerome Powell was sworn in for his second term
Economy
Emir of Qatar from Davos: The 2022 World Cup will be special
"We are very proud of the development, reform, and progress we made so far"
Economy
World Bank expects 5.9% growth for Gulf economies
Supported by oil and non-oil sectors
Economy
WEF president lauds Saudi reforms
WEF considering taking the MENA regional summit to Riyadh
Economy
Saudi expects economy to grow by 7.4% in 2022
Saudi oil GDP expected to increase by 19%
Economy
The Davos Forum opens today, and war repercussions are front and center
The IMF does not expect a global recession
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