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Economics
Banking & Finance
Saudi-Egyptian investment protection deal to launch in two months, says PM Madbouly
The trade between Saudi Arabia and Egypt surpassed $33 billion during 2022 and 2023
Economy
Saudi Crown Prince and Egyptian Prime Minister discuss bilateral relations, aspects of cooperation
Several prominent figures from both sides were in attendance at the meeting
Economy
Oil prices see modest gains amid rate cut speculations, Hurricane Francine’s supply impact
Brent crude futures set to expire in November climbed 0.2 percent to $72.88 per barrel
Economy
UAE’s investment in clean energy reaches over $12.25 billion, says minister Al Mazrouei
The country has significantly increased its clean energy share to 27.83 percent in 2023, aiming for 32 percent by 2030
Economy
Saudi Arabia’s annual inflation rate stands at 1.6 percent in August 2024, highlighting economic robustness
This stability positions Saudi Arabia's inflation rate among the most dependable globally
Economy
S&P affirms Saudi Arabia’s A/A-1 credit rating, citing reforms and non-oil growth
The agency noted that the Kingdom’s outlook improved to ‘positive'
Logistics
Operations and supply chain decarbonization in the Middle East
Each company faces unique decarbonization challenges, but many struggle to meet ambitious targets
Economy
Oil prices rise on U.S. rate cut hopes despite weak demand, Chinese data
Brent crude futures for November rose by 3 cents to $71.64 a barrel
Economy
Picking the who and the why in the GCC’s key growth sectors
Opportunities in retail, local manufacturing, entertainment, and tourism
Economy
UAE’s Securities and Commodities Authority streamlines 12 key services by eliminating government bureaucracy
The authority removed unnecessary steps, resulting in faster service delivery
Banking & Finance
UAE banks’ capital, reserves reach $134.8 billion by June 2024, says Central Bank
National banks comprised 86.3 percent of the total capital and reserves, amounting to $116.4 billion
Economy
UAE’s Ajman real estate transactions surpass $427.4 million in August 2024
The trading volume in the emirate reached AED950 million from 1,005 individual transactions
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