Economy

Saudi Arabia GDP 2023: Non-oil economy is key growth driver

Non-oil economy grew while overall real GDP contracted

Women in the business world: The uphill journey and myriad challenges

A look at the increasing presence of women in executive roles worldwide

IMF agrees to expand Egypt loan agreement by $5 billion

This $5 billion facility is subject to approval by the IMF Executive Board

Egypt raises interest rates, allows free trading of pound to spur GCC investments

Egypt's international bonds surged after CBE’s announcement

Egypt’s non-oil sector faces steepest contraction in over a year

PMI survey highlights deterioration in business activity, output and employment

Investor confidence high, UAE and Saudi Arabia set for gains this year: EFG Hermes official

Dependence on oil, high inflation rates and external debt are some challenges frontier and emerging markets in the MENA regions face

Qatar’s 2023 budget records surplus of $11.84 billion

Surplus directed towards debt reduction and central bank reserves

Saudi Arabia’s non-oil sector activity rises at the quickest rate in five months

Riyad Bank PMI shows encouraging signs despite lingering competitive pressures

Emirati Talent Competitiveness Council approves Nafis budget of $1.74 billion for 2024

The meeting also approved the 2024 Emiratisation targets for the private sector

UAE’s non-oil sector activity surges at fastest pace in nearly 5 years

Robust growth reported in February amid competitive pressures and shipping disruptions

Türkiye inflation surges to 67.07 percent in February, pressuring tight monetary policy

Sharp increases in prices of food, hospitality and education sustain high inflationary trends

UAE government issues 151 financial sector decisions in 2023

Sheikh Mohammed bin Rashid reviews progress and international standing

EFG Hermes conference explores investment potential in MENA markets

Gathering to see over 216 companies across 29 countries hold direct meetings with over 670 institutional investors and fund managers

Second phase of Saudization of licensed aviation professions launched

This phase will focus on pilots and flight attendants

DIEZ posts record 64.6 percent surge in annual operating profit in 2024

Registered companies in Dubai's economic zones climbed by 15.3 percent

Over 350 international investors to establish regional headquarters in Saudi Arabia 

The minister highlighted a tenfold increase in international investment licenses in the Kingdom

Investopia 2024: Day 2 reviews strategic priorities to enhance global economic growth

The summit also discussed AI's role in the future of businesses and prospects for advanced technologies

WTO MC13: ADDED spotlights SMEs’ vital role in creating sustainable global trade

ADDED highlights economic contributions and growth opportunities for SMEs

UAE President honors higher committee overseeing strategy on anti-money laundering and counter-terrorism financing

In recognition of the UAE's removal from FATF’s list of “Jurisdictions under Increased Monitoring"

Transformation offices play key role in adapting to changing needs: PwC official

AI technologies can help organisations optimise operations, improve efficiency, and drive innovation

UAE participates in BRICS meeting of finance ministers, central bank governors

BRICS meeting discusses international monetary policy, development of multilateral financing for infrastructure

Investopia 2024: 11 panels exploring investment opportunities in new economy

The discussions highlighted urgency of investing in human capital, achieving carbon neutrality

Qatar to invest $10.85 billion in French start-ups

The deal covers various sectors such as energy, artificial intelligence, health, and hospitality