Economy

U.S. President Trump delays some tariffs on Mexico, Canada

Trump’s tariff plans have caused the stock market to sink and alarmed U.S. consumers

European Central Bank lowers interest rate again, keeps door open for more easing

ECB cut its deposit rate to 2.5 percent, citing slowing growth and declining inflation

Türkiye lowers interest rate to 42.5 percent as inflation eases

The bank’s monetary policy committee decreased its headline lending rate by 250 basis points on March 6

Ras Al Khaimah’s $1 billion sukuk draws high demand, oversubscribed 4.4 times

The government has tapped the international debt capital market after 10 years

Oman’s inflation rate averaged 1.4 percent between 2021 and 2024

The average GDP growth rate at constant prices was 3.9 percent from 2021 to 2023

talabat acquires instashop from Delivery Hero for $32 million

Instashop will continue to operate as an independent brand within talabat’s grocery and retail vertical

UAE leads as GCC foreign inflows cross $60 billion milestone

Year-on-year, foreign inflows have more than doubled from $890 million in February

Saudi Arabia’s non-profit sector adds over $26.7 billion to economy in new record

The sector's rapid growth is on track to reach 5 percent of GDP two years ahead of schedule

UAE’s real GDP grows 3.8 percent in 9M 2024, non-oil sector’s contributions hit 74.6 percent

Growth was driven by a strong expansion in non-oil sectors, which grew by 4.5 percent to AED987 billion

Saudi Arabia approves launch of Investment Marketing Authority to support growth in key sectors

Authority will bolster Saudi Arabia's investment landscape and aims to consolidate the Kingdom’s position as a world-class investment hub

Egypt’s foreign reserves soar to $47.39 billion in February

Gold holdings in foreign currency reserves reached approximately $11.851 billion in February, up from $11.416 billion

Who is Adrian Orr, New Zealand’s Central Bank governor who suddenly resigned?

Deputy Governor Christian Hawkesby will act as Governor until Orr's departure on March 31

84 percent of women in UAE considering starting their own business, research shows

98 percent of women entrepreneurs expecting revenue growth over the next five years

UAE’s non-oil sector sees steady growth in February as output, new orders rise: PMI

The UAE's PMI stayed at 55.0 in February, signaling a sharp improvement in the health of the non-oil economy

China, Canada strike back at Trump’s tariffs: Is Mexico next?

If the tariffs stay in place, Mexico plans to announce countermeasures, including retaliatory tariffs, on Sunday

Muted price pressures support Egypt’s non-oil sector expansion in February, says PMI

Egypt's PMI declined from a 50-month high of 50.7 in January to 50.1 in February

Workforce planning: Strategies for a resilient and agile workforce

Companies must align workforce planning systems with business targets to ensure optimal harmony and effectiveness

Job creation in Saudi Arabia’s non-oil sector climbs to second-highest in over a decade: PMI

Saudi Arabia's PMI recorded 58.4 in February, down from its strongest reading in just over a decade of 60.5 in January

Investopia hosts China-Arab summit to boost economic cooperation, explore new opportunities

Hundreds of Chinese companies have invested more than $6 billion in various sectors in UAE

Asia accounts for 62.7 percent of multinational companies attracted by Dubai International Chamber in 2024

This emphasizes Dubai’s escalating reputation as a pivotal investment hub for international corporations

Trade wars deepen as China and Canada retaliate after Trump’s tariffs come into effect

China responded immediately, announcing additional tariffs of 10-15 percent on certain U.S. imports from March 10

Egypt to benefit from $94.3 million EU loan to boost food security

The country further sought approval for the EUR4 billion package and emphasized SCZONE as key investment destination.

Investopia 2025: UICCA, UAE Ministry of Economy partner to reinforce sustainability through launch of Circular Economy Cycle

The agreement cultivates sustainable economic growth by supporting a nurturing ecosystem for climate-focused startups

ADIO signs strategic partnership with Italy’s CDP to boost investment, trade

Italy is a key trade partner of the UAE, with annual trade over AED30 billion