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Economy Middle East Summit
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Economics
Markets
Japanese yen records worst performance among top currencies in 2023
Yen decreases against dollar in spot transactions by 5.63 percent
Economy
Consumer spending in Saudi Arabia jumps to $47 bn month-on-month
Kingdom’s economy shows growth, driven by a strong private sector
Economy
UAE economy emerges as the most competitive as per Arab Monetary Fund
Continuous advancements key behind nation’s exceptional performance
Economy
Türkiye maintains monetary tightening, raises interest rate to new heights
Bank said tightening measures nearing end of cycle
Economy
Central Bank of Egypt holds interest rates steady for third time in a row
Maintaining credit and discount rate at 19.75 percent
Industry
Electricity and water sectors drive growth in Qatar’s industrial production index
Index rose by 1.7 percent in Q3
Markets
Central Bank of Oman raises OMR29.45 mn through T-bills allotment
T-bills with a 28-day maturity were valued at OMR10 mn
Markets
Gold continues upward trend, surpasses $2,030 mark
Yellow metal set to record highest annual gains in three years
Economy
Qatar’s 2024 budget approved: Total revenues to exceed $55 bn
Law will come into effect on January 1, 2024
Economy
Mastercard 2024 outlook: Empowered consumers to balance price and priority
MENA consumers and businesses will face crucial decisions about spending and investing
Economy
Will the new Emir of Kuwait Sheikh Mishal launch his reign with a wave of reforms?
IMF expects 0.1 percent GDP growth rate this year
Banking & Finance
UAE banking sector sets new record with AED4 trn in assets
Total bank credit reached AED1.982 trillion by the end of October
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