Economy

Saudi Arabia’s liquidity rises 8.3 percent to $753 billion in March

Surge in demand deposits fuels Saudi Arabia's money supply growth

BoE maintains rates at 5.25 percent but hints at summer cut

The cost of borrowing will continue to be at a 16-year high

$35 billion Al Maktoum airport expansion, commercial transport strategy to propel Dubai’s growth: Sheikh Hamdan

Commercial Transport Strategy 2030 aims to double sector's contribution to Dubai's economy to AED16.8 billion

UAE introduces new framework to boost public-private partnership projects

The law seeks to promote private sector investment and involvement in federal government-led infrastructure projects

ATM 2024: DET, Emirates ink agreement to boost Dubai’s position as leading business destination

DET and Emirates will collaborate on a series of events to strengthen relationships with the international business community

Seamless Middle East 2024: Transforming digital commerce across the region

25,000 attendees, 750 exhibitors and 500 speakers to explore transformative technologies in the evolving commerce landscape

Nearly 30,500 new employees join Saudi Arabia’s private sector in April

As many as 2.36 million citizens were working in the Kingdom's private sector in April

UAE and New Zealand begin economic partnership negotiations to boost trade, investment

In 2023 alone, the total trade volume between the UAE and New Zealand reached an impressive $764.5 million

Saudi Arabia’s non-oil sector starts Q2 2024 with strong growth, says PMI

To meet rising demand, purchasing activity in Saudi Arabia's non-oil sector saw a sharp increase in April

Fitch revises Egypt’s outlook to positive on stronger FDI, reduced external financing risks

Egypt's GDP growth to slow to 3.1 percent in 2024 before accelerating to 4.7 percent in 2025

Saudi Arabia’s non-oil revenues rise 9 percent to $29.73 billion in Q1 2024: MoF

Saudi Arabia's total revenues saw a 4 percent annual increase to SAR293.433 billion

Egypt’s foreign currency reserves to surge by $16.2 billion in FY24/25: Report

The report forecasts a growth rate of 4.30 percent for the Egyptian economy in 2025/2026

Dubai maintains tourism growth momentum, welcomes 5.18 million tourists in Q1 2024

Dubai records an 11 percent year-on-year increase in international visitors from January to March 2024, with hotels achieving average occupancy of 83 percent

UAE’s non-oil sector sees strong upturn in business activity in April: PMI

Non-oil private sector firms indicated sustained growth in staffing numbers during April

Dubai: ATM 2024 begins, to host over 41,000 attendees, 2,300 exhibitors

The exhibition will explore the potential of China, India and Latin America as they emerge as key players in global tourism

Dubai Council set up to formulate future development agenda

Sheikh Mohammed bin Rashid Al Maktoum will be the chairman of the council

Retail tourism: How shopping drives economic activity

Dubai and Riyadh are notable global shopping destinations

Time for an upgrade: Revitalizing customer loyalty with innovative rewards programs

Earning and redeeming points just not enough in an ever-increasingly competitive market

Mohammed Al Naimi, CEO of ACT Group, optimistic about evolving business landscape in Saudi Arabia

Increasing competition, new technologies will help raise quality of products and services offered in the market

Türkiye inflation rises to 69.8 percent in April, highest since late 2022

Domestic producer price index increased annually to 55.66 percent in April

Egypt seeks investment boost from South Korea across key sectors

Egypt to implement incentive packages to attract investments in the industrial sector

Top industry visionaries and achievers honored at Economy Middle East Summit in Abu Dhabi

Organisations across key sectors receive recognition for leadership in an ever-evolving economy