Economy
Finance Minister worried about further rate hikes
A 57% increase compared to the same period in 2021
Outward investments flows reached $22.5 billion
Trade exchange during 5 years amounted to about 103 billion riyals
He stressed the US Central Bank's commitment to "strongly" reducing inflation
Both sides to boost partnership in food security, health, and education
MENA's retail markets are valued at $1 trillion
The Fund expects the Kingdom's GDP to grow by 7.6% this year
The Saudi-Jordanian Fund is a leap in promoting joint investments
The state spent $62.6 billion via decrees over 10 years
47% reported tech issues at work increased their stress levels
63% of Middle East consumers still preferring shopping in-person
Total public expenditure decreased by 5.9 percent to OMR 12.2 bn
Under the slogan "Achieving Equality in Global Economic Recovery"
Trade exchange jumps 62% to $9.1 billion in 2021
The Turkish lira has lost 65 percent of its value since last September
Non-oil economy recorded a growth of 7.8% in the same period
Yellen doesn’t see a recession as inevitable
68% of companies are currently reviewing annual salary budget
Confidence in engineering a "safe landing" has diminished
It raised its forecast for peak inflation this year to just above 11%.
