Skip to main content Skip to footer ![Egypt’s annual inflation rate stands at 25.6 percent in August 2024, says CAPMAS](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/09/Egypt-inflation.jpg/w=1024,h=683)
The general CPI rose to 231.1 points in August 2024, reflecting a monthly inflation rate of 1.9 percent
![OPEC highlights UAE’s robust non-oil sector driven by consumer and business recovery](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/09/OPEC-1.jpg/w=1024,h=684)
The report indicates that Dubai attracted 10.62 million international visitors from January to July
![Abu Dhabi Crown Prince wraps up visit to India, reinforces bilateral bonds](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/09/Sheikh-Khaled-India-1-1-1.jpg/w=1024,h=683)
Sheikh Khaled emphasized the robust historical, social, and economic connections that the two nations share
![Oil prices rebound as tropical storm Francine raises concerns over supply disruptions amidst mixed demand signals](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/09/Oil-prices-1-3.jpg/w=1024,h=683)
Brent crude futures increased by 39 cents, or 0.6 percent, reaching $69.58 a barrel
![Oman Central Bank issues treasury bills worth $77.93 million](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/09/Oman-Central-Bank-T-bills-1.jpg/w=1024,h=683)
The bills have a maturity period of 28 days amounted to OMR300,000, with an average acceptable price of OMR99.650
![Saudi Arabia’s Citizen Account deposits $906.2 million into 10.8 eligible beneficiaries’ accounts in September](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/09/Citizen-Account.jpg/w=1024,h=683)
Deposits will continue until today end of day, and beneficiaries can check their amounts in the program's app
![Kuwait Central Bank issues bonds, tawarruq worth $792 million](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/09/Kuwait-Central-Banks-bonds.jpg/w=1024,h=614)
On August 19, KCB announced a similar allocation of bonds and tawarruq for three months at the same value and return rate
![Qatar-Germany trade up 4.4 percent to $1.94 billion in 2023, says Chairman of Qatar Chamber](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/09/Qatar-Germany-trade-1.jpg/w=1024,h=683)
This figure marks an increase from QAR6.8 billion in 2022
![UAE’s ADNOC to supply LNG to Indian Oil Corporation for 15 years](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/09/ADNOC-India.jpg/w=1024,h=683)
The LNG will primarily be sourced from ADNOC's Ruwais LNG project
![Abu Dhabi Crown Prince in India: Discussing bonds of friendship and cooperative ties with President Murmu](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/09/Sheikh-Khaled-India1-1-1.jpg/w=1024,h=683)
Sheikh Khaled signed the guestbook at Rashtrapati Bhavan, highlighting the historical UAE-India friendship
![Oil prices face pressure from sluggish Chinese demand, anticipated supply challenges from tropical storm Francine](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/09/Oil-prices-4.jpg/w=1024,h=683)
Brent crude futures fell by 4 cents, or 0.06 percent, settling at $72.80 a barrel
![Unlocking MENA’s thriving investment opportunities at the EFG Hermes 10th Annual London Investor Conference](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/09/EFG-Hermes.jpeg/w=1024,h=683)
Leaders will convene from September 9 to 12 to discuss innovations in capital markets and regulatory developments