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Economy
Economy
Saudi economic diversification towards an oil-independent financial future
“The Fund”: a decrease of about 20% in the direct share of oil in the GDP
Economy
Egypt’s Minister of Planning: The government backs flexible pound
"Egypt working hard to increase foreign direct investment"
Economy
Employees onboarded by UAE firms exceed those offboarded in 2022
By a factor of 1.6
Economy
Expect a significant increase in Euro interest rates on Thursday
Fitch: A recession in the euro area is likely as gas crisis worsens
Economy
Liz Truss succeeds Boris Johnson as British Prime Minister
She vowed to keep her election promises, boost economic growth
Economy
India now world’s fifth largest economy, overtakes UK
Based on IMF GDP figures
Bahrain
Bahrain to restructure board of wealth fund Mumtalakat
The Fund's assets totaled $18.4 bln in 2021
Economy
Saudi non-oil sector purchases at highest level in 7 years
Total new orders rose at the fastest pace since October
Economy
UAE non-oil private sector grows at fastest pace in 38 months
Future sentiment drops to its lowest level in 17 months
Economy
How does the Fed read the jobs report?
August inflation figures expected for release in first half of this month
Economy
Trouble for the “Fed” as number of jobs rose by 315,000 in August
Companies continued pace of recruitment
Economy
IMF: Lebanon’s new banking secrecy law has major shortcomings
The Lebanese president refused on Wednesday to sign the bill
Economy
UK inflation could top over 22%: Goldman Sachs
Well above the baseline forecast of 14.8%
Economy
Lebanon records triple-digit inflation for the 25th straight month
Water, electricity, gas costs jumped 460% in one year
Economy
Türkiye’s GDP beats expectations.. 7.6% growth in Q2
Driven by strong exports as well as domestic and foreign demand
Economy
Saudi is fastest growing major economy globally
Kingdom quickly recovered from pandemic-induced recession
Economy
Ex-Soviet leader Mikhail Gorbachev passes away.. Putin’s first comment
After a long struggle with a serious illness
Economy
UAE to celebrate ‘Emirati Women’s Day’ on Sunday
Under the slogan "Inspiring Reality .. Sustainable Future”
Economy
Exclusive: Technology and empathy keys to CX success
Simplify the experience and lower the cost
Economy
Slower contraction of the US economy in Q2
A decline of initial claims for state unemployment benefits
Economy
Expats face uncertain future following massive Kuwaitization drive
Up to 750,000 Egyptians looking at one-way trip home
Economy
Egypt said “Fund” agreement near, but are conditions met?
The government announced refusal to lift subsidies on bread
Economy
White House shaves off 2.4% from US economic growth in 2022
With Omicron's return, the Ukraine war, inflation, and interest rate hikes
Economy
UK faces threat of over 18% inflation in early 2023
Fueled by soaring energy prices
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