Economy

Dubai Police introduces the first all-female SWAT squad

Female officers conquering specializations once dominated by men

US inflation slows amid anticipation of Fed meeting

The gasoline index was biggest factor to commodity prices decline

Majority of UAE small businesses optimistic about growth in 2023

Nearly half of small businesses intend to grow substantially

Egypt orders ministries to cut spending

Due to a foreign currency shortage

IMF does not see inflation in Egypt waning before 2024

Inflation rates jumped to 24.4% at end December

Consumer spending power in UAE, Saudi remains strong

Despite concerns about the macro-economic environment

Saudi allows some companies to operate without local HQ

Operations of foreign companies should not exceed SAR 1 million

Kuwait’s economy likely to bank USD23 bn surplus in current FY

Estimated to have grown nearly 8 percent in 2022

Mohammed bin Rashid launches Dubai Economic Agenda ‘D33’

with total economic targets of AED 32 trillion over the next 10 years

UAE lays foundations for innovation-driven future

This year also witnessed a major shift in UAE work practices

$200 billion poorer, Musk still second richest

Tesla lost about half of its market value over the past year

Has Saudi strengthened its 2030 World Cup bid with Ronaldo signing?

$75 million per year contract with Al Nassr football club.

What are the major highlights for 2022? What will 2023 bring?

IMF expects global growth to slow to 2.7% in 2023

Mastercard economic outlook for 2023

What the ‘multi-speed’ global economy means

Key financial strategies to consider amid high inflation

For businesses these days, keeping the lights on is challenging

Sisi: Egyptian banks will cover all dollar needs for goods’ release

The Egyptian Central Bank monitors illegal dollar practices

189% Inflation rate in Lebanon, IMF loan status unknown

Water, electricity and gas costs more than quadruple