Economy

UAE’s GDP growth to surpass 5 percent in 2024: S&P Global

Driven by hospitality, retail, and financial sectors 

Bank Muscat’s $390 million investment fund gets central bank nod

Investment portfolio includes several banks listed in GCC markets

IMF warns: AI poses risk to 40 percent of jobs worldwide

Georgieva highlights technological revolution's impact on jobs and inequality

Egypt’s GDP growth rate slows to 2.65 percent

Compared to growth rate of 4.4 percent in 2022-2023

Net worth of world’s top five richest men soars by 114 percent since 2020

A staggering 5 bn individuals globally have become poorer

The growing importance of procurement and supply chain in today’s economy

Moving into an era of transformation after a decade of innovation, risk mitigation and sustainability

Exclusive interview with WEF’s President Børge Brende: Rebuilding trust to catalyze meaningful global action

WEF leader highlights importance of collaboration in confronting climate change and economic slowdown

Davos 2024: Mixed growth outlook for global economy amid challenges

In new WEF report, 56 percent of chief economists anticipate downturn

Egypt’s IPO program attracts $3.5 billion

Despite global crises, Egypt has maintained balanced economic indicators

Saudization in operation and maintenance sector surges to 34 percent

Over 160,000 citizens employed in sector since inception

Egypt plans to issue bonds in local currencies of BRICS’ NDB members

Will include green, blue, social, and sustainable bonds to support Egypt’s Vision 2030

Inflation in Saudi Arabia eases to 1.5 percent: GASTAT  

Decreases was primarily due to a 0.3 percent drop in the prices of food and beverages

Davos 2024 kicks off today amid growing geopolitical conflicts

Annual event to be held under the theme 'Rebuilding Trust'

What is Davos 2024? World Economic Forum guide

Exploring the annual meeting’s significance

UAE Ministry of Economy reveals new consumer protection law

The regulations target companies and businesses with 43 new obligations

China estimates GDP growth rate at 5.3 percent in 2024

Key contributions from consumption, investment, and emerging industries

Davos 2024: What to expect from the World Economic Forum

60 heads of state and government are among the attendees

Urban inflation in Egypt declines for third consecutive month

Recorded 33.7 percent in December, down from 34.6 percent in November

WEF: Disinformation, environmental threats are world’s top risks

Global Risks Report 2024 unveiled ahead of Davos summit

Saudi Arabia’s private sector employees surge to 10.92 million

National Labor Observatory report highlights December 2023 figures

Global cooperation declined 2 percent from 2020 to 2022: WEF

Cooperation is possible even in midst of competition