Economy

Saudi Arabia’s inflation steady at 2 percent in February, among lowest in G20

The CPI measures the changes in prices paid by consumers for a fixed basket of 490 goods and services

Workers in GCC countries contribute $131.5 billion in remittances: Official data

The volume of workers’ remittances from GCC countries is the highest globally, with the U.S. following closely behind

Sports Investment Forum 2025 to boost growth in Saudi Arabia’s sports sector

Forum to feature dialogue sessions and workshops addressing topics such as sports tourism, smart stadium technologies and club financing

Dubai’s Most Noble Number charity auction raises over $22.76 million

Total bids for RTA plate numbers amounted to AED75.9 million

Prince Mohammed bin Salman launches the Saudi Architecture Characters Map to celebrate the Kingdom’s architectural heritage

The first phase of Saudi Architecture will target major projects, government buildings and commercial structures in Al-Ahsa, Taif, Makkah and Abha

Saudi Arabia’s stock market rises after S&P upgraded credit rating to ‘A+’

The upgrade is backed by better governance and stronger institutions, enhancing domestic capital markets' depth

How GDMO embraces trends, tech and AI to weave Dubai’s narrative

GDMO leverages a rapidly evolving digital media to align its strategy with the vision of Dubai's leadership

Dubai’s endowment assets cross $3 billion in 2024: Sheikh Hamdan

Real estate accounts for the largest share of endowments, valued at AED10 billion

How to invest in an IPO in the UAE: A step-by-step guide for investors

IPOs allow investors to diversify their investments across various UAE sectors, including tech, healthcare, and energy

J.P. Morgan cautions on 40 percent U.S. recession risk amid policy uncertainty

Kasman: “Where we stand now is with a heightened concern about the U.S. economy" 

Canada to impose $20.7 billion retaliatory tariffs on U.S.

Canada stands as the largest foreign supplier of steel and aluminum to the U.S.

Aldar Investment Properties raises $500 million with green sukuk

The issuance was oversubscribed 7.2 times, attracting $3.6 billion in orders

Egypt’s drive for gender equality: A necessity for economic prosperity

Comprehensive, well-designed reforms, and investing in the empowerment of women keep country on track for future growth

Bigger jurisdiction, greater opportunities: ADGM completes integration of Al Reem Island into its jurisdiction

Now spanning approximately 14.3 million square meters, ADGM has become one of the world’s largest international financial centers

Investopia 2025 reinforces UAE’s status as an investment powerhouse

This year’s edition hosted 51 panel discussions and saw the signing of 31 partnership agreements and memorandums of understanding

Bahrain: 23 opportunities through land investment platform announced

This expansion showcases greater utilization of government assets to boost economic growth and private partnerships

National Investment Strategy to boost UAE’s global hub status: Minister

The target is to increase foreign direct investment stock to AED2.2 trillion by 2031

EU countermeasures to Trump’s tariffs effective April 1

Negotiation remains a possibility, as tariffs could burden economies amid geopolitical and economic uncertainties

U.S.-Canada trade tensions escalate as Trump boosts, then retracts metal tariffs

Trump's actions, spurred by Doug Ford's electricity charge threat, unsettled markets and inflation concerns

Saudi Arabia hosts U.S.-Ukraine talks in Jeddah

These discussions are vital for the Kingdom's efforts to address the Ukraine crisis and promote peace

IMF unlocks $2.5 billion for Egypt after loan review

Lender approves $1.2 billion from the disbursement programme and $1.3 billion under a separate facility