economy

Workforce planning: Strategies for a resilient and agile workforce

Companies must align workforce planning systems with business targets to ensure optimal harmony and effectiveness

Job creation in Saudi Arabia’s non-oil sector climbs to second-highest in over a decade: PMI

Saudi Arabia's PMI recorded 58.4 in February, down from its strongest reading in just over a decade of 60.5 in January

PIF, Goldman Sachs Asset Management to partner on investments in Saudi Arabia and GCC

PIF will act as a strategic anchor investor for new private credit and public equity strategies in Saudi Arabia and the wider GCC region

Asia accounts for 62.7 percent of multinational companies attracted by Dubai International Chamber in 2024

This emphasizes Dubai’s escalating reputation as a pivotal investment hub for international corporations

Trade wars deepen as China and Canada retaliate after Trump’s tariffs come into effect

China responded immediately, announcing additional tariffs of 10-15 percent on certain U.S. imports from March 10

Egypt to benefit from $94.3 million EU loan to boost food security

The country further sought approval for the EUR4 billion package and emphasized SCZONE as key investment destination.

UAE gold prices rise AED2.5, global rates fall amid Trump tariff caution

Trump announced 25 percent tariffs on Mexico and Canada, starting Tuesday, and doubled Chinese tariffs to 20 percent

Oil prices drop to $71.07 on OPEC increase, Trump trade jitters

WTI crude futures dropped by 0.9 percent to $67.64 a barrel

Türkiye’s inflation eases to 39.05 percent in February, raising rate cut bets

As inflation continues to decelerate, the central bank is widely expected to deliver another 250 basis-point cut this week

Dubai’s energy demand rises 5.4 percent in 2024 as economy, population grows

DEWA experienced a noteworthy 3.4 percent increase in its peak demand in 2024, reaching 10.76 GW

Economic data, ECB rate decision to drive market sentiment this week as U.S. tariffs loom

In GCC markets, investor sentiment could be impacted by concerns over the economic fallout from new U.S. tariffs on China, Canada and Mexico

Oil prices gain 0.25 percent on positive Chinese manufacturing data

Investors are now looking forward to China's annual parliamentary meeting for further insights into potential measures to support its economy