Economy
Al Ghurair anticipated that lower interest rates later this year would help boost borrowing by companies
Aggressive interest rate hikes lead to billions in payouts to banks
Value of members’ exports and re-exports soars to over AED 284 billion
The decision was widely anticipated following eight consecutive months of rate hikes
Bahrain's investments to create 5,700+ job opportunities from 85 projects
Experts take stock of the progress made on the restructuring front in the MENA economies so far.
The agreements align with the goals of Vision 2030
The UAE accounted for the largest share of venture capital investments in the Middle East’s restaurant tech sector from 2018 to 2023
Saudi Arabia’s strategic reforms propel it to top spots in Kearney’s Global Retail Development Index
This positive development reflects the Kingdom's strategic shift away from oil dependence
Benefits include a 30-year tax break
Insights into Qatar's inflationary pressures and consumer spending patterns
China remains UAE’s top trading partner, followed by India, the US, Saudi Arabia, and Türkiye.
The next World Governments Summit (WGS) will be held between 18 and 20 February 2025.
DIFC has evolved into a hub for innovation-related companies.
H.E. Bin Touq highlights UAE’s keenness to strengthen Arab level cooperation in new economy sectors
Finance ministry also organises session on sustainable finance for climate action.
Located in Jafza, Bharat Mart is set to open in 2026 and will house 1,500 showrooms.
Region expected to grow by less than 3 percent in 2024
Premier investment summit returns bigger for year 3
Research also suggests region can accelerate GDP growth from 3.8% to 5.4% over the next decade.
Report calls on governments to build resilience to tackle natural and manmade disasters – from floods to terrorist acts.
Uncertainties have dragged the global economy and energy sector into turmoil, Erdogan says.
