Economy
Yellen doesn’t see a recession as inevitable
68% of companies are currently reviewing annual salary budget
Confidence in engineering a "safe landing" has diminished
It raised its forecast for peak inflation this year to just above 11%.
The employee stole an amount of KD 68,000
The last time interest rates were breached by 1% was in 2009
The unemployment rate is expected at 3.7 percent by end 2022
Egypt plans $10 million worth of investments
Upon shocking emergency meeting to address rising borrowing costs
101 deals to create 5,800 new jobs in the domestic economy
The European Fear Scale has reached its highest level since 2020
Conventional mortgage grew by 2.7%
Blame the increase in food, beverage, and transportation prices by 4.2%
90% said that adopting CSR will have positive effect on businesses
This is likely to reflect a higher average income across the country
MEW claimed lion's share with contracts valued at $353.7 mn
If approved, increase will be the largest since 1994
Expect 50 basis points at the Fed meeting
IMF to open a representative office in Beirut
Yellen says the US is experiencing "unacceptable levels of inflation"
FDI inflow to GCC economies soar to $44 bn in 2021
Qatar's contribution to France's GDP increased to 3.07 bn euros
FDI rebounded to nearly $1.6 tn last year
