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Economy
Economy
Investopia 2024 strengthens UAE-South Korea economic partnership across sectors
Two new MoUs signed by four UAE and South Korean institutions
Economy
Egypt’s inflation unexpectedly surges to 35.7 percent in February amid currency flotation
Sharp rise in food and beverage prices is key driver of inflation uptick
Economy
Dubai’s non-oil private sector records fastest growth in nearly 5 years
PMI data highlights strong performance and optimistic outlook for Dubai
Economy
Dubai’s DMCC now home to over 24,000 companies
A total of 2,692 new companies joined DMCC last year
Economy
Sharjah reports 4.1 percent increase in issued business licenses in 2023
Efforts to foster sustainable economic growth bolster Sharjah's appeal
Economy
RAKEZ supports growth of over 21,000 companies from 100 countries
Attracting global attention and facilitating cross-border collaboration
Bahrain
Bahrain’s Golden License attracts $2.4 billion in investment and 3,000 jobs from nine projects
Bahrain's Golden License aims to drive business attraction and economic growth
Economy
Moody’s upgrades Egypt’s credit outlook to positive following successful IMF deal
The agency also affirmed Egypt's foreign-currency senior unsecured ratings at Caa1
Economy
Egypt’s pound strengthens following exchange rate policy shift, IMF deal
$8 billion IMF program boosts confidence amid economic reforms
Economy
Saudi Arabia’s National Development Fund signs partnership agreement with World Economic Forum
The partnership seeks to foster ties with diverse financial institutions and companies
Economy
The shifting landscape of investment: Navigating uncharted waters
Four scenarios paint potential pathways for profession over the next decade
Economy
Qatar’s non-energy business sector grows faster in February
PMI reveals sharper gains in output and employment in Qatar's non-energy sector
Economy
Saudi Arabia’s Crown Prince transfers another 8 percent of Aramco shares to PIF
The state's ownership of the Aramco's shares now stands at 82.186 percent
Economy
Ministry of Economy forum discusses trade via modern technology
Four sessions at the forum highlight opportunities and challenges for SMEs as digital trade and legal frameworks evolve
Economy
Saudi Arabia GDP 2023: Non-oil economy is key growth driver
Non-oil economy grew while overall real GDP contracted
Economy
Women in the business world: The uphill journey and myriad challenges
A look at the increasing presence of women in executive roles worldwide
Economy
IMF agrees to expand Egypt loan agreement by $5 billion
This $5 billion facility is subject to approval by the IMF Executive Board
Economy
Egypt raises interest rates, allows free trading of pound to spur GCC investments
Egypt's international bonds surged after CBE’s announcement
Economy
Egypt’s non-oil sector faces steepest contraction in over a year
PMI survey highlights deterioration in business activity, output and employment
Economy
Investor confidence high, UAE and Saudi Arabia set for gains this year: EFG Hermes official
Dependence on oil, high inflation rates and external debt are some challenges frontier and emerging markets in the MENA regions face
Economy
Qatar’s 2023 budget records surplus of $11.84 billion
Surplus directed towards debt reduction and central bank reserves
Economy
Saudi Arabia’s non-oil sector activity rises at the quickest rate in five months
Riyad Bank PMI shows encouraging signs despite lingering competitive pressures
Economy
Emirati Talent Competitiveness Council approves Nafis budget of $1.74 billion for 2024
The meeting also approved the 2024 Emiratisation targets for the private sector
Economy
UAE’s non-oil sector activity surges at fastest pace in nearly 5 years
Robust growth reported in February amid competitive pressures and shipping disruptions
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