Economy

Saudi, Italy forge 21 agreements to boost trade and investment relations

Italy emerges as long-term partner for Saudi in energy, sustainability

Egyptian economy makes modest gains amid high inflation

BRICS membership to enhance Egypt’s financial position

Kuwait new amendment frees foreign firms from local sponsorship rule

Proposal enhances competition, service quality in the state

UAE, New Zealand enter discussions on comprehensive economic partnership

Bilateral non-oil trade reached $805 million in 2022

Qatar exceeds budget surplus forecast with QR29.7 bn

Hydrocarbon revenue declines, non-oil revenue holds strong

New residency rule to help stabilize Egypt’s currency

Foreigners who want to be an Egypt citizen must pay in dollars

UAE capital inflow ambitions matched by outflow strengths

Emerged as the largest Arab capital exporter in 2022

Startup incubation programs in the UAE

Get your startup off the ground and running

Kuwait economy recovers, boost in tourism predicted

Country is also poised to enjoy sustained non-oil growth

UAE on BRICS membership: An opportunity to boost global trade

Will maintain robust trade relations with the West

Türkiye’s Central Bank takes steps to transition from lira deposit scheme

Surprising interest rate hike left market watchers puzzled

Amazon UAE launches leadership development program

Program aimed at empowering UAE Nationals supports ‘We the UAE 2031’ vision

Kuwait’s expat labor force up by 7.5 percent in H1 2023

Over 30 percent of Kuwait’s new labor force entrants are Indians

Saudi soccer investment spree part of broader diversification efforts

Sports, leisure, and entertainment among target sectors

Bahrain’s agricultural output jumps 36 percent

UAE agricultural output to reach $3.17 bn this year,

Turkish lira continues to strengthen following interest rate increase

Türkiye Central Bank implemented largest interest rate hike since 2018

BRICS: Shaping a new multipolar world order

Expansion process underway, admission framework yet to be finalized