Economics

Egypt’s IPO program attracts $3.5 billion

Despite global crises, Egypt has maintained balanced economic indicators

Inflation in Saudi Arabia eases to 1.5 percent: GASTAT  

Decreases was primarily due to a 0.3 percent drop in the prices of food and beverages

Sheikh Mohammed gives green light AED5.5 bn uplift projects for citizens

3,500 plots of land allocated to Dubai citizens in approved projects

Davos 2024 kicks off today amid growing geopolitical conflicts

Annual event to be held under the theme 'Rebuilding Trust'

Urban inflation in Egypt declines for third consecutive month

Recorded 33.7 percent in December, down from 34.6 percent in November

ADX leads in Middle East IPO revenues, landmark agreements

Robust market witnessed six IPOs in 2023 valued at $5.57 bn

Global cooperation declined 2 percent from 2020 to 2022: WEF

Cooperation is possible even in midst of competition

Passion: Key leadership talent for innovation and achieving the targets of Saudi Vision 2030, global entrepreneurship

The kind of passion linked to a leader who has the desire to make a difference wherever they go 

Japanese yen records worst performance among top currencies in 2023

Yen decreases against dollar in spot transactions by 5.63 percent

Consumer spending in Saudi Arabia jumps to $47 bn month-on-month

Kingdom’s economy shows growth, driven by a strong private sector

UAE economy emerges as the most competitive as per Arab Monetary Fund

Continuous advancements key behind nation’s exceptional performance

Central Bank of Oman raises OMR29.45 mn through T-bills allotment

T-bills with a 28-day maturity were valued at OMR10 mn

Gold continues upward trend, surpasses $2,030 mark

Yellow metal set to record highest annual gains in three years

Mastercard 2024 outlook: Empowered consumers to balance price and priority

MENA consumers and businesses will face crucial decisions about spending and investing