Economy

Davos: UAE ranks fourth globally in infrastructure quality

Country set to invest $2.45 billion to develop 127 projects over next 5 years 

ECB interest rates remain unchanged amid inflationary concerns

Increased focus on inflation targets and monetary policy flexibility

Türkiye hikes interest rates to 45 percent in a battle against inflation

Analysts skeptical as Turks grapple with economic challenges

Russia and India partner to create a digital economy in BRICS expansion

Both countries are also exploring a native BRICS currency

Moody’s affirms ratings of five Egyptian banks, changes outlook to negative

Egypt's overall classification was affirmed at Caa1 in October 2023

UAE gears up to host next World Government Summit

High international representation expected as 4,000 participants set to attend summit

Egypt, Qatar to forge new investment joint strategy

Ongoing collaboration for the Egyptian-Qatari Business Forum

Navigating the storm: ACCA reveals SMEs’ challenges and innovations

Critical hurdles and strategic pathways for small and medium-sized enterprises

Tunisia achieves full debt repayment for 2023 despite challenges

Country plans to repay $4 billion in foreign debt in 2024

Women participation in UAE’s private sector sees 23.1 percent growth

UAE's commitment to gender balance manifests through legal framework and global recognition

Inflation in Kuwait reaches 3.37 percent in December 2023

The Consumer Price Index in Kuwait rose by 3.37 percent

Saudization of engineering professions: 25 percent implementation effective from July 21, 2024

Applies to all private sector establishments employing five or more engineers

Dubai maintains economic momentum with 3.3 percent GDP growth in first 9 months of 2023

Dubai Economic Agenda D33 driving the city towards global prominence

ECB’s stance on timing of interest rate cuts: What to expect?

Inflation may be more persistent than anticipated due to increased shipping costs

Davos 2024’s most prominent outcomes and initiatives: Rebuilding trust amid uncertainty

Key themes, global leaders' insights, and transformative initiatives

New UAE decree to regulate public-private sector partnerships

Enhancing private sector investment in federal government projects

Davos 2024: UAE concludes successful participation with impactful initiatives, agreements

One of the largest international delegations in the forum's history

GLRI 2024: UAE leads Arab nations in labor resilience

Report highlights the role of resilient labour markets in navigating environmental challenges