Economy

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

Egypt releases comprehensive economic blueprint for 2024-2030

Strategic roadmap to fortify the Egyptian economy in a turbulent global landscape

Saudi Arabia’s FDI surges by 29 percent in Q3 of 2023

Kingdom ranks among the G20's top economies

AD Ports commits to operating terminals at Egypt’s Red Sea ports

Deal includes developing yacht and cruise ship tourism in Egypt

Saudi Arabia approves 2024 annual borrowing plan

Kingdom's financing needs estimated at approximately SAR86 billion

Dubai ruler puts family in focus in launching Dubai Social Agenda 33

With a budget amounting to AED208 billion until 2033

UAE’s non-oil sector soars to four-year high

December PMI data reveals robust growth driven by output and new orders

Dubai Duty Free rings in over AED7.8 billion sales in 2023

December ended with record monthly sales of AED 807 million

Sharjah ruler approves largest ever budget of $11.1 billion

Spending rose more than 16 percent year-on-year