Economy

War repercussions “dissected” today at G20 table

Participants may not issue closing statement

UAE to invest $2 bn in India for food complexes

Investments aim to address food insecurity in South Asia, the Middle East

Three strategic realities for online grocery in the MENA

Fixing the economics of online grocery is a priority for quick commerce

Inflation in Saudi Arabia rises to 2.3% in June

Food and beverage segment has the greatest impact

Mohamed bin Zayed: The UAE will remain a reliable supplier of energy

“Economic diversification a fundamental strategic necessity”

The Fed: Increasing fears of continued inflation and recession

Senate confirms Michael Barr Vice Chairman of the Reserve

Unemployment in Turkey drops to 10.9% in May

Seasonally adjusted disguised unemployment rose to 22.4%

Georgieva: The economic landscape has grown bleaker

IMF: Expectations of further deterioration

After Microsoft, Meta.. Another tech giant starts layoffs!

Company blamed it on the uncertain global economic picture

How did digital technology impact consumer behaviors?

The role of social media is increasingly growing in the retail sector

UAE, Lebanon, lead gender parity in the region

Progress marks the second-largest gender gap yet to close

Dubai’s non-oil economy rises to its highest level in 3 years

New orders rose sharply at the end of the first half

Inflation figures in the US could get hotter today

It is expected to rise to 8.8%, the highest level since 1981

Kuwait is recovering thanks to oil, but politics delaying vital projects

It recorded the highest rise in inflation rates among the GCC

Abu Dhabi disburses AED1.5 bn worth of housing benefits

The second benefit package was announced during Eid Al Adha

Business confidence index in Bahrain surges 2.8%

Current index rose 13.01 points compared to 2021

Why are global food prices still dropping?

FAO Food Index decreased to 2.3%

EIU: Oil helps Gulf countries diversify their economies

Saudi, UAE made attracting FDI a mainstay in development plans

Egypt’s foreign reserves lose 18.45% of value in 6 months

External support is required to avoid uncontrolled currency depreciation

Will global trade soon end its positive trend?

Global trade reached record $7.7 trillion Q1