Economy

Economy, Saudi Arabia, UAE
UAE and Saudi Arabia Show Growth in Non-Oil Private Sector in June

UAE and Saudi Arabia Show Growth in Non-Oil Private Sector in June In June, the UAE and Saudi Arabia saw continued growth…

Bahrain, Economy, Kuwait, Oman, Qatar, Saudi Arabia, UAE
GCC Inflation Drops to 1.7% in 2024

GCC Inflation Drops to 1.7% in 2024 Inflation in the Gulf Cooperation Council (GCC) countries dropped to 1.7% in 2024, down from…

Business, Economy, Egypt
Egyptian Companies Sign Deal With Chinese Firms to Build Phosphoric Acid Plant

Egyptian Companies Sign Deal With Chinese Firms to Build Phosphoric Acid Plant A group of Egyptian companies has signed final agreements with…

Economy
IMF Approves $834 Million in Support for Jordan Through Two Programs

IMF Approves $834 Million in Support for Jordan Through Two Programs The International Monetary Fund (IMF) has agreed to give Jordan a…

Economy, Saudi Arabia
Saudi Arabia’s PIF Starts New Program to Raise Money in New Ways

Saudi Arabia's PIF Starts New Program to Raise Money in New Ways Saudi Arabia’s Public Investment Fund (PIF), the country’s main wealth…

Economy, UAE
UAE Starts New Foreign Trade Ministry as Non-Oil Trade Grows Fast

UAE Starts New Foreign Trade Ministry as Non-Oil Trade Grows Fast The UAE has created a new Ministry of Foreign Trade and…

Banking & Insurance, Economy, UAE
GCC Central Banks Keep Interest Rates Steady to Match US Federal Reserve

GCC Central Banks Keep Interest Rates Steady to Match US Federal Reserve Central banks in the Gulf Cooperation Council (GCC) did not…

Economy, Oil and Gas, UAE
UAE’s Economy Grows 4% in 2024 to $483.6 Billion, Led by Non-Oil Sector

UAE’s Economy Grows 4% in 2024 to $483.6 Billion, Led by Non-Oil Sector In 2024, the UAE economy grew by 4%, reaching…

Economy, Saudi Arabia
Saudi Arabia’s Inflation Stays at 2.2% in May, Mainly Due to Higher Housing and Jewelry Prices

Saudi Arabia’s Inflation Stays at 2.2% in May, Mainly Due to Higher Housing and Jewelry Prices Saudi Arabia’s yearly inflation rate stayed…

Economy, Egypt, Investment
Egypt’s Economy Is Strong and Has Room to Grow, Says Finance Minister

Egypt’s Economy Is Strong and Has Room to Grow, Says Finance Minister Egypt’s Finance Minister, Ahmed Kouchouk, said he is confident about…

Economy, Egypt
Egypt Gives Red Sea Land to Help Pay Off Debt and Boost Islamic Bonds

Egypt Gives Red Sea Land to Help Pay Off Debt and Boost Islamic Bonds The Egyptian government has set aside a piece…

Business, Economy, Syria
Helping Syria Grow: How Business Owners and Farmers Are Bringing Change

Helping Syria Grow: How Business Owners and Farmers Are Bringing Change After many years of conflict and being cut off from the…