business

Oman forecasts $29 billion public revenue for 2025, 1.5 percent increase from 2024

Projections were informed by critical factors and data, based on an average oil barrel price of $60

Bahrain Bourse launches comprehensive trading incentive scheme to boost market activity

An initiative designed to enhance participation and liquidity among market participants

Saudi Arabia trade balance surplus grows 30 percent to $5.5 billion in October 2024

This represents an increase of over $1.06 billion compared to September

Egypt’s food exports surge to $5.5 billion in first 11 months of 2024

Surpassing the total exports for the entirety of 2023, which were recorded at $5.068 billionĀ 

Abu Dhabi’s Q3 2024 GDP expands 4.5 percent, marking record quarterly high of $82.2 billion

Non-oil sector grew 6.6 percent, showcasing the emirate's strong economic momentum

Dubai real estate sets all-time record in 2024 with 180,900 transactions worth $142.1 billion

Transaction volume and value grew 36 percent and 27 percent, surpassing 2023's 133,100 sales at $111.9 billion

Abu Dhabi’s Mubadala rises as leading global sovereign investor in 2024

Mubadala and its subsidiaries invested in 2024 $29.2 billion, up from $17.5 billion in 2023

Strong economy boosts UAE stock markets, resulting in $70 billion market cap growth

By the end of 2024, the Dubai and Abu Dhabi stock exchanges' market cap exceeded $1.06 trillion

Saudi women’s labor force participation hits 36.2 percent in Q3 2024

Among Saudi nationals, the labor force participation grew by 0.7 percentage points in Q3 2024, reaching 51.5 percent

Egypt receives first $1.03 billion EU funding installment

Discussions are currently in progress to approve a second tranche of $4.14 billion