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Expenditure amounted to $61.25 billion, with a budget deficit of 3.6 percent
By November 2023, Saudi Arabia's investments in Egypt reached $6.3 billion across 7,444 projects
The new revisions encompass 38 articles, removing seven articles, and adding two new articles to the law
In April 2024, CBUAE's gold reserves reached $5.54 billion
The oil sector grew by 3.4 percent and the non-oil sector by 3.3 percent at constant prices
The start of Q3 saw both output and new orders expand to a lesser degree
International demand saw improvement with exports rising at the second-strongest pace in nine months
Challenges remain in education, housing, and hotels
Can the Fed intervene to calm global markets?
Rorix Holdings aims to accelerate trade volumes, attract foreign investment, and foster economic partnerships
Gross credit grew 0.7 percent from AED2.063 trillion in April 2024 to $565.47 billion
The two countries agreed to develop economic partnership
Since 1990, only 34 middle-income economies have managed to become high-income
The proposed agreement aims to enhance cooperation, streamline investment regulations, and create new jobs
The growth is due to strong investor interest in recent high-profile listings like Parkin and Spinneys
The surplus was directed towards reducing public debt, and therefore there is no cash surplus
The G20 DRRWG meeting focused on the critical importance of financing for resilient infrastructure and early disaster risk warnings
Data showed that the bank's net foreign assets in June were around SAR1.670 trillion
Saudi Arabia's GDP contracted by 0.4 percent annually primarily driven by the 8.5 percent annual decline in oil activities
The agreement aims to liberate trade between both countries, empower women in commerce
The launch reflects the UAE's vision to establish itself as a global AI hub
Gold price averaged $2,338/oz, 18 percent higher year-on-year, reaching a record of $2,427/oz during the quarter
The decision follows a positive economic assessment since the program's launch in December 2022
The CEPA also seeks to establish new investment and cooperation pathways, allowing private sectors to build partnerships
