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Economy
VC to drive growth of global commercial drone industry
Sector’s market value expected to reach $125 bn by 2032
Economy
Saudi, UAE sovereign wealth funds lauded in new report
Sustainability investments growing in importance
Economy
Ethiopia vies for BRICS membership
The economy of Ethiopia is ranked 59th globally, according to the IMF
Economy
Middle East construction industry shines in new global survey
Expensive costs and labor shortages seen in other markets
Economy
UAE’s financial advisory market volume to exceed AED 875 bn in 2023
Dubai on pace to rank in top 20 wealthiest cities in the world by 2030
Economy
Oman to establish new economic city with two free zones
The Sultanate seeks to boost its economy and attract foreign investment
Economy
Strong U.S. stock market performance could keep recession at bay this year
Excitement around AI and the debut of ChatGPT led to a surge in shares
Economy
IMF sounds the alarm on worsening economy in Lebanon
Delays in financial sector restructuring cost depositors $10 billion since 2020
Economy
IMF positive outlook on UAE economy
Fiscal and external surpluses expected to remain high on the back of higher oil prices
Economy
Abu Dhabi’s non-oil GDP growth 1% in the first quarter
GDP grew by 3.9%
Economy
Gold prices could reach $2,075 per ounce, an all-time high
Long-term gold production seen rising
Economy
Dubai’s population soars to 3.6 mn: How the city is preparing for the future
Population expected to reach 5.8 mn by 2040
Economy
Saudi regulations, deal-making attracting legal companies and FDI
Saudi reached its highest GDP rate in over ten years at 8.7 percent in 2022
Economy
Weak outlook for global trade in 2023 despite current recovery
UNCTAD: Goods trade increased by about $ 100 billion in 3 months
Economy
UAE economy grows by 7.9% in 2022
Bin Touq: The figures confirm the strength of the economy in light of what the world is going through
Economy
Türkiye Central Bank hikes interest rates by 6.5 percent, Lira falls
Marks a return to more orthodox monetary policymaking
Economy
Why did the Egyptian Central Bank decide to fix interest rates? What’s next?
Trajectory of base rates of interest depends on expected inflation numbers
Economy
Bank of England surprises markets with 50 basis point interest rate hike
Move marks the 13th consecutive hike
Economy
The updated Commercial Agencies Law in the UAE came into force
Changes are welcomed by foreign entities looking to enter the UAE market
Economy
Insights on WEF’s Global Gender Gap Report for 2023
A mere 0.3 percent increase in gender party was reported in the past year
Economy
For the 12th year, UAE is the preferred country to live for Arab youth
UAE's key attributes were its safety and security
Economy
S&P: Important role for Saudi debt market to achieve Vision 2030
This June 15, Tadawul market cap exceeded $2.9 trillion.
Economy
Dubai shines as the star performer in Julius Baer’s Global Wealth and Lifestyle report
On strong rebound in hospitality, tourism, and real estate
Economy
Oman’s GDP to rebound to 2.7 percent in 2024 driven by non-hydrocarbon sector
Economic growth expected to slow down to 1.3 percent this year
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