Economy

Qatar trade surplus amounts to $4.77bn

The numbers show a marginal decrease of 4.4 percent from the preceding month

What recession? The U.S. economy shows robust GDP growth, employment figures

Consumer spending accounted for 68 percent of all economic activity

The ECB raises interest rates to the highest rate in its history

Lagarde warns that halting grain export agreement will exacerbate inflation

KSA: highest salaries for expats globally

Expat middle managers in Saudi Arabia are making around $109,000 annually

WEF highlights key macroeconomic conditions for H2 2023

Survey aims to help identify priorities for further action

UAE among preferred countries for foreign direct investment

Leads Middle East and Africa on global service location index

Egypt’s hard currency liquidity crisis forces extreme measures for banks

Dollar-deposit certificates offered at 9 percent returns 

IMF raises global growth forecast this year to 3 percent

Growth expected to decline in the Middle East and Central Asia region

UAE government revenues reach AED115.6 bn in Q1 2023

Ministry of Finance reveals expenditures reaching AED 92.5 billion

Saudi’s PIF behind $5.1 bn investment in London’s Selfridges

Investment results in 50 percent stake in UK’s retail giant

A new phase of high-powered growth for the Dubai family business sector

Expansion of financial wealth in the UAE to reach $1 trn in 2026,

Next Fed hike expected at 25 basis points

Will it be the final one in current tightening cycle?

UAE, Türkiye sign agreements and MOUs worth $50.7 bn

UAE investments in Türkiye amounted to $7.8 bn until end 2021

The Sovereign Fund of Egypt (TSFE) enters the top 50 global wealth list: SWFI

47th position ranks in top 100 largest sovereign funds by total assets

Japan’s Gulf tour: energy ties and economic cooperation

90 percent of Japan's oil supply comes from the Middle East

Turkish lira hits records low as Erdogan visits GCC

By Tuesday afternoon, the lira was worth 26.99 to the dollar