Economy

Saudi to spend $175 bn annually on industrial and mega projects: Report

Ongoing projects like NEOM and Red Sea resorts have combined value of $1.3 trn

UAE economy to grow by 3.3 percent in 2023: Report

CBUAE maintained 4.3 percent growth projection for 2024

IMF warns of food security threat from fragmented commodity markets

Slower growth forecast for low-income countries at an average of 1.2 percent

Abu Dhabi unveils 100 lucrative investment opportunities worth AED123.3 bn

Including 33 opportunities worth AED22.08 bn in chemical industries

Saudi private sector shows recovery with surge in output, new orders

Riyad Bank Saudi Arabia Purchasing Managers' Index rose to 57.2

Dubai Chamber launches new digital platform to boost economy

Seeks to enhance Dubai's reputation as thriving digital business hub

S&P revises Türkiye’s credit rating from negative to stable

Inflation soared in Istanbul to 73.18 percent

Oman’s credit rating raised by S&P to BB+ with a stable outlook

On higher crude prices and non-oil sector growth

FED’s message slams U.S. financial markets

10-year bond yield reaches level not seen in more than 15 years

LinkedIn reveals its top UAE Startups List for 2023

Fintechs dominate but fail to take top 2 positions

High oil prices help reduce Oman debt

Fitch upgrades country to 'BB+'

Saudi Arabia’s capital market outperforms 2022 targets

Number of listings was 204 percent higher than the goal

Egypt, IMF, merge loan reviews, anticipate 2023 schedule

Country received in December $347 mn installment from $3 bn loan program

UAE’s innovative initiative Future100 establishes 25 strategic partnerships

Supporting top emerging companies, boosting UAE's competitiveness

Saudi GDP passes $1.1 trn, tops G20 nations

Kingdom economy achieved remarkable 8.7 percent growth rate

Sheikh Hamdan launches Dubai economic leadership program

Empowering future leaders, cultivating leadership skills for Dubai's future