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Economy
Economy
Saudi non-oil private sector gallops despite inflation
S&P: Upturn underlined by a robust increase in new business levels
Economy
UAE non-oil private sector growth slows as inflation bites
Input costs in the non-oil sector rose sharply in June
Economy
Saudi, UAE allocate $9 bn to support citizens, tackle inflation
Allocations targeted several sectors including food and unemployment
Economy
Oil raises Oman GDP growth forecast in 2022
Emirates National Bank expects government to use oil revenues to reduce debt
Economy
War raises Egypt’s import bill to $9.5 bn a month
The pound hits its lowest level in over 5 years
Economy
Special gifts await exceptional students in the UAE
The objective is to inspire high school pupils to excel
Economy
Saudi appoints two women to senior roles in government
Royal orders included the appointment of two deputy governors of SAMA
Economy
Uganda, a poor country, claims having $12 trillion in gold deposits
Will Bitcoin become a store of value after this discovery?
Economy
A record number for inflation in the euro zone in June
The headline inflation rate came in at 8.6 percent
Economy
Microsoft appoints Naim Yazbeck as General Manager, UAE
Yazbeck to succeed Sayed Hashish who served in the role since 2016
Economy
Fitch: Only sovereign debt in the Middle East is improving
Emerging markets face high external financing needs
Economy
Oil prices keep non-oil economic growth in the GCC strong
IIF: impact of tightening US monetary conditions on Gulf banks limited
Economy
When is Eid al-Adha in these countries?
Islamic nations follow Saudi in observing Dhul-Hijjah's crescent
Economy
UEFA acknowledges Qatar’s progress on labor standards
The meeting highlighted the need to implement additional legal support
Economy
The ECB activates its first line of defense tomorrow to prevent debt crisis
Soon to announce a new tool to combat jumps in bond yields
Economy
Saudi’s jobless rate falls to lowest since 2008
It registered 10.1 percent at the end of Q1
Economy
Global CB chiefs: Reducing inflation will be painful
S&P: Challenge is controlling inflation while avoiding stagnation
Economy
Lebanon’s economic recovery plan in the amendment catacombs
The state and central bank bear part of the responsibility
Economy
Saudi attracts $1.97 bn FDI in Q1
Inflows rose 9.5% compared to the same period in 2021
Economy
The Saudi Cabinet approves a series of new laws
Companies Law facilitates establishment of organizations, encourages bold investment
Economy
Dubai to maintain post-pandemic recovery amid GDP growth
International passenger traffic to continue pandemic recovery
Economy
Lagarde: We will raise rates faster if necessary
Central bankers gather in Portugal for their annual conference
Economy
Egypt: Budget deficit decreases to 436.6 bn pounds in 11 months
This is equivalent to 5.5% of the country's GDP
Economy
Non-oil trade between UAE, Japan valued at $3.5 billion in Q1 2022
Intra-non-oil trade between two countries reached $13.3 billion in 2021
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