Economy

Moody’s raises outlook for Türkiye’s banking sector to stable 

Policy shifts provide a supportive operating environment for Turkish banks

Fed minutes today amid the likelihood of further interest rate hikes

U.S. "retail sales" dispel hopes of ending monetary tightening

Inflation in Saudi Arabia continues to decline to 2.3 percent in July

Prices of housing, water, electricity, gas rose 0.3 percent from June

Saudi women make strides

As of 2022, nearly half of higher education students in Saudi were women

Top business events in Saudi not-to-miss

Explore new leads to grow your business

Moody’s says Egypt review continues amidst liquidity crisis, reform efforts

Agency warned of asset sales being offset by declining external liquidity

Development spending in Kuwait amounted to 665.1 mn dinars in FY22-23

Representing 50.8 percent of the 1.3 bn dinars budget allocated to 128 projects

Egypt’s urban inflation climbs to 36.5 percent in July

Initial budget surplus for the fiscal year 2022-2023 stood at 1.63 percent

SuperBridge Summit commencing in Dubai

“SuperBridge Summit strives to build connections between the East, the West and the rest of the world"

BRICS summit 2023: Dates, location, discussions and attendees

No immediate plans for BRICS common currency?

Dubai’s GDP grows 2.8 percent in Q1 2023 to reach AED111.3 bn

Sheikh Hamdan: Sustainability and resilience driving Dubai's growth in Q1

Expected U.S. and Chinese inflation data weigh on market performance

Will U.S. inflation figures regain their upward pace?

Spending soars in Saudi, investment remains strong

H1 2023 expenditure surged by 18 percent

Oman’s inflation takes a dip: latest figures and key highlights

Annual inflation rate decreased to 0.69 percent in June

Saudi, UAE non-oil economies remain strong

Buoyed by robust market conditions

Bank of England raises interest rates by 25 basis points

This marks the highest level since early 2008

Egypt’s domestic liquidity surges by EGP846 bn in 6 months

Egyptian banks are in a race to attract funds from local investors