Economy

Türkiye’s GDP beats expectations.. 7.6% growth in Q2

Driven by strong exports as well as domestic and foreign demand

Saudi is fastest growing major economy globally

Kingdom quickly recovered from pandemic-induced recession

UAE to celebrate ‘Emirati Women’s Day’ on Sunday

Under the slogan "Inspiring Reality .. Sustainable Future”

Exclusive: Technology and empathy keys to CX success

Simplify the experience and lower the cost

Slower contraction of the US economy in Q2

A decline of initial claims for state unemployment benefits

Expats face uncertain future following massive Kuwaitization drive

Up to 750,000 Egyptians looking at one-way trip home 

Egypt said “Fund” agreement near, but are conditions met?

The government announced refusal to lift subsidies on bread

White House shaves off 2.4% from US economic growth in 2022

With Omicron's return, the Ukraine war, inflation, and interest rate hikes

Oil and gas drive up producer prices in Oman

Producer prices increased by 40.7 percent in Q2

Awaiting Powell’s speech at “Jackson Hole” … No end in sight to extreme measures

Poll: The Fed will raise interest rates by 50 basis points in September

Can UK’s Truss tax treatment cure Britain’s sickly economy?

Proposed solutions will not avoid a recession soon to show signs of stagnation

China trims lending rates again

One week after surprise cuts in key rates

Egypt to gradually devalue currency to avoid more inflation: Moody’s

Country's exposure to GCC countries exceeded $25.9 bn

Al Hamidy: AMF provided $2.25 bn to support Arab countries since Covid start

Digital financial services market to exceed $10 trn in 5 years

Egypt’s Central Bank keeps interest rates unchanged

Sisi names Hassan Abdullah as caretaker governor of the CBE

Türkiye shocks markets with rate cut despite rising inflation

Lira fell to 18.15 to the dollar, its lowest level since Dec. 20

World’s largest sovereign wealth fund loses $174 bn in H1

Led by a 28 percent drop in the value of technology stock holdings

Egypt’s Central  Bank Governor resigns, and Sisi accepts

The day before the bank meets to make a decision on interest

UK inflation rises to its highest level since 1982

BOE: High energy prices in Europe are the main driver behind inflation