Economy

The Fed: Increasing fears of continued inflation and recession

Senate confirms Michael Barr Vice Chairman of the Reserve

Unemployment in Turkey drops to 10.9% in May

Seasonally adjusted disguised unemployment rose to 22.4%

Georgieva: The economic landscape has grown bleaker

IMF: Expectations of further deterioration

After Microsoft, Meta.. Another tech giant starts layoffs!

Company blamed it on the uncertain global economic picture

How did digital technology impact consumer behaviors?

The role of social media is increasingly growing in the retail sector

UAE, Lebanon, lead gender parity in the region

Progress marks the second-largest gender gap yet to close

Dubai’s non-oil economy rises to its highest level in 3 years

New orders rose sharply at the end of the first half

Inflation figures in the US could get hotter today

It is expected to rise to 8.8%, the highest level since 1981

Kuwait is recovering thanks to oil, but politics delaying vital projects

It recorded the highest rise in inflation rates among the GCC

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