Economy

Saudi non-oil private sector keeps up steady growth

Though activity slowed due to higher production costs

UNCTAD urges monetary easing to avert recession threat

The Conference lowered its growth forecast

Georgieva: Saudi economy is a bright spot amid global crises

MOU with Saudi Finance to establish IMF regional office in Kingdom

The ‘Big Short’ champion warns of the next stock market crash

He diagnosed the "largest speculative bubble of all time" last June

Saudi unemployment falls to lowest level on record in Q2

To 9.7% in Q2, compared to 10.1% in Q1 2022

Emirates NBD raises growth forecast in UAE to 7% in 2022

Thanks to oil production and the "strong" recovery of non-oil sector

IMF publicly criticizes British government’s tax plans

Bank of England intervenes in the face of 'actual risks to financial stability'

Lebanon suddenly decides to raise the official dollar tenfold

The decision to negatively affect banks and their balance sheets

Lebanon approves a budget that falls short of IMF ambitions

Budget adopts 15 thousand pounds for customs dollar

King Salman appoints Crown Prince as Prime Minister

The cabinet reshuffle kept Mohamed Al-Jadaan as Finance Minister

UAE salaries likely to rise by 5% in 2023

Companies planning salary increases to offset inflation, retain talents

Lagarde on Italy: We will not support countries that make political mistakes

“Expect interest rates to rise again during upcoming meetings.”

stc Group congratulates leadership on 92nd Saudi National Day

"National Day anniversary comes as we continue march towards development"

Emirati-Saudi relationship a model of brotherly relations: Bin Touq

"Trade exchange between the two countries grew by 57.4%"

Will the far right succeed in sailing a punctured ship in Italy?

Giorgia Meloni could become first woman to hold premiership

Egypt’s Central Bank keeps interest rates unchanged for second time

It approved increasing percentage of cash reserves that banks need to keep

57% of Arab youth prefer to live in UAE

Visa reforms and low taxes are among factors attracting young Arabs