Economy

Dubai’s PMI reached in May its highest level in three years

The highest employment index reading since December 2021

Customer-brand relationship re-established as in-person interaction re-emerges

Brands must re-imagine digital-first experiences that engage customers

WB: GCC countries will achieve 5.9% growth in 2022- Exclusive

1.2 percentage points higher than expected at the beginning of this year

Moody’s affirms Saudi’s credit rating at A1 with a stable outlook

"The government is able to control public finances and financial sustainability"

Growth in Saudi exceeds expectations, achieves 9.9% in Q1

Results coming from a significant increase in oil activities

Boston Consulting Group appoints new head to its Middle East operations

Pablo Martinez to succeed Joerg Hildebrandt who led the company for 11 years

What’s 1 Turkish Lira going to buy you today? Almost nothing

Turkey says inflation will eventually taper off

UAE Central Bank expects growth of 5.4% this year

A strong jump of 8% in oil economy in 2022

Lebanon’s recovery plan will not see the light of day

IMF to reject plan that does not receive overwhelming domestic support

School year is ending: Will that impact Gulf economies?

Arab tourists to exceed 2 million in the summer season

Kuwait to address demographic imbalance in the country

Long-term strategy to address demographic imbalances in the country

Tech jobs in the GCC may add $225bn to GDP by 2030

This would help create some 600,000 technology jobs

UAE non-oil private sector grows strongly despite inflationary pressure

S&P: UAE’s economy"continues to recover strongly from the pandemic

Jadwa expects Saudi’s foreign reserves to reach $581 billion by end 2022

The kingdom could make $400 billion from oil industry this year

MAF plans to invest up to $1bn in Egypt over next 5 years

Many investors are showing interest in setting up investments in Egypt

Saudi exempts taxpayers from fines

The initiative aims to mitigate the economic fallout of the pandemic

Biden pledges to Fed chief freedom of action to confront inflation

The Open Committee meets on June 15,  to approve 50 basis points increase

Oman supports fintech technology services via digital currency

Growing Arab interest in evaluating the process of issuing CBDCs

The $30 billion food security question facing the GCC

Can vertical farming help relieve reliance on food imports?