Economics

Bahrain’s women empowerment index rises 30.6 percent since 2018, 50 percent surge in workplace and pension indicators: Report

Bahrain’s women empowerment index rises 30.6 percent since 2018, 50 percent surge in workplace and pension indicators: Report

The Kingdom achieved a full 100 score on expert opinions related to women starting and running a business

Egypt’s economy forecast to grow by 4.2 percent in 2025 on increased investment, exports, and consumer spending

Egypt’s economy forecast to grow by 4.2 percent in 2025 on increased investment, exports, and consumer spending

The pound devaluation and foreign investments alleviated the country’s currency crisis

Türkiye’s soaring 75.45 percent inflation rate reaches peak in May, Central Bank expects slowdown

Türkiye’s soaring 75.45 percent inflation rate reaches peak in May, Central Bank expects slowdown

Inflation would start to decelerate in June after reaching its maximum in May, Central Bank governor said

Türkiye’s robust domestic demand drives 5.7 percent Q1 2024 growth

Türkiye’s robust domestic demand drives 5.7 percent Q1 2024 growth

The country is heading towards more balanced and sustainable growth this year, says Finance Minister

UAE’s GDP reaches $457.38 billion in 2023, 3.6 percent growth from previous year: Minister

UAE’s GDP reaches $457.38 billion in 2023, 3.6 percent growth from previous year: Minister

The non-oil GDP stood at $340.3 billion, up 6.2 percent compared to 2022

Oil prices extend losses as U.S. product stockpiles grow, China activity slows

Oil prices extend losses as U.S. product stockpiles grow, China activity slows

Brent oil futures expiring in July dropped 0.3 percent to $81.61 per barrel

Egypt’s trade balance deficit falls 23.2 percent to $2.37 billion in March

Egypt’s trade balance deficit falls 23.2 percent to $2.37 billion in March

The value of exports fell 10.9 percent year-over-year to $3.57 billion in March 2024

Oil prices steady amid caution over rate decision and inflation despite significant inventory decline

Oil prices steady amid caution over rate decision and inflation despite significant inventory decline

Brent oil futures for July delivery held steady at $83.61 per barrel

Saudi banks witness 8 percent surge in Q1 earnings, reaching $4.97 billion

Banking & Finance

Saudi banks witness 8 percent surge in Q1 earnings, reaching $4.97 billion

The growth in earnings is driven by 11 percent lending growth and a rising interest rate environment

Oman Central Bank issues T-bills worth $57.24 million

Banking & Finance

Oman Central Bank issues T-bills worth $57.24 million

The interest rate on repurchase operations (repo) with the OCB for these T-bills is 6.00 percent

Saudi Arabia’s non-oil sector projected to grow 4.8 percent in 2024, 5.2 percent in 2025: Report

Saudi Arabia’s non-oil sector projected to grow 4.8 percent in 2024, 5.2 percent in 2025: Report

The Kingdom's GDP is expected to expand by 2.3 percent in 2024 and accelerate to 5.8 percent in 2025, the report said

Oil prices maintain stability following recovery from 3-month low, investors await inflation data

Oil prices maintain stability following recovery from 3-month low, investors await inflation data

Brent crude oil futures expiring in July edged 0.1 percent lower to $83.04 per barrel