Economy

Lower oil related activities culprit behind Oman Q2, H1, GDP drop

Oman’s banking sector witnessed an 8.7 percent growth in credit and deposits

GCC on spotlight at China’s Belt and Road Initiative

Saudi Arabia and the UAE seek stronger trade ties

Kuwait inflation rate rises to 3.82 percent in August 

Food and beverage group prices up 5.70 percent

A ceiling on interest rate hikes on the horizon

21 out of the world's 30 major central banks will cut interest rates in 2024

Average salaries in Saudi’s private sector soar by 45 percent

Competitiveness and support packages drive salary growth in the Kingdom

Türkiye hikes interest rate to 30 percent, reaching 20-year high

The new rate will be raised from 25 to 30 percent

Saudi on 93rd National Day: Greatest success story of 21st Century

Saudi crown prince a proven statesman with infinite pool of ideas, projects

How female labor force participation boosts Saudi’s GDP: Report

Participation rate peaked at 61.7 percent in March 2023

As digital payment grows, UAE businesses eye global expansion

93 percent of small businesses want to tap into new markets

Oman’s economy estimated to expand by 2.5 percent this year

Non-oil sectors recorded a robust expansion of 4.6 percent

Bahrain reports $1.01 bn budget deficit in H1 2023

Total revenues reached 1.44 billion dinars

The psychology of feedback and performance appraisals

Employees seek feedback to gage their performance, understand expectations, and validate their contributions

OECD forecasts 3.9 percent Saudi economy increase in 2024

Global economy to grow by 3.0 percent in 2023, then slow to 2.7 percent in 2024

Inflation in the 20 eurozone countries halved from October 2022

The eurozone CPI is expected to rise 0.6 percent on the month

Widespread expectations the FED will keep interest rates unchanged at meeting today

New economic projections are likely to show another increase this year

The PIF: A catalyst for Saudi’s economic transformation

PIF contributes significantly to job creation, human capital development

Bolstering the non-oil sector in Saudi Arabia 

Kingdom’s journey to endure well beyond 2030 

UAE confiscates $356 mn from money launderers, imposes $54 mn in fines

17 percent rise observed in suspicious transaction reports in Q1-Q2

Tadawul unveils new indices to attract investors, diversify economy

Move will strengthen Saudi's position in MENA's IPO segment