Tunisia gets new central bank chief amid economic crisis
TUNIS, TUNISIA - President Kais Saied on Thursday appointed a new governor of the central bank of Tunisia, a north African...
Geostrategy
Saudi Arabia extends online services to help foreign firms set up regional hqrs in kingdom
Riyadh, Saudi Arabia - Saudi Arabia's Ministry of Commerce has announced the provision of online services for foreign companies looking...
Economy
Lebanon currency drops to new low as financial meltdown deepens
The Lebanese pound has lost around 90% of what it was worth in late 2019 Matters made worse by the...
Saudi economy is 30% of $2.39 trillion Arab economy
The kingdom is almost twice the size of the region’s second-largest economy, Egypt The UAE is the third largest Arab...
IMF’s Mideast chief calls for reform program in Lebanon
He pleaded with the international community to help in the effort The IMF’s dialogue with the Mediterranean country has been...
Iran mired in economic pain as presidential vote nears
Iran's 83 million people are suffering as jobs are scarce, prices are rising Economic crisis brought on by crippling sanctions...
US, UAE hold economic policy dialogue, resolve to expand engagement
The UAE maintains its position as the US' largest trading partner in the MENA region for the 12th year in...
Global trade poised for strong 2021 rebound
Global trade defied expectations to collapse by 13 to 32% last year 2021 rebound will be dependent on vaccine programmes,...
Dubai to cut administrative hurdles for businesses by 30%
The emirate to reduce government-related procedures within 3 months to lower the cost of doing business The private sector to...
Saudi Arabia tops startup investment sector in May
Saudi Arabia dominates startup investment sector during May In all nearly $110 million was raised across 35 deals over...
Coursera report ranks UAE 2nd globally for business skills
UAE government initiatives for promoting skills-based economy have a positive impact on the economy More women enroll for Science, Technology,...
Saudi’s PIF creates ME, NA investments division, 2 deputy governor roles
The Public Investment Fund (PIF), led by Governor Yasir al-Rumayyan, is at the heart of Saudi Arabia's plans to transform...
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Revenue from Saudi cinema may exceed $1bn by 2030KSA, UAE play well as e-gaming trends across GCCExclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economyTECOM Group profit soars 13%UAE startups eye Saudi Arabia for growth, expansionSaudi Arabia leads GCC AI healthcare raceDisparity remains as Saudis, Emiratis see wealth gains
Tunisia gets new central bank chief amid economic crisis
TUNIS, TUNISIA - President Kais Saied on Thursday appointed a new governor of the central bank of Tunisia, a north African...
Geostrategy
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Qatar and Iran look to boost monetary, banking ties to propel trade
Tehran, Iran--Qatar and Iran are looking to boost monetary and banking cooperation that would propel all-round development of trade between...
Economy
Dubai Airshow 2023 to show off latest trends in aerial mobility
Dubai, UAE-- Dubai Airshow 2023 will show off the latest trends in the advanced aerial mobility (AAM) market as disruptive...
Business
Private sector share in UAE GDP rise to over 70%
Geneva, UAE - The private sector has increased its contribution to the UAE GDP to more than 70 percent, making...
Business
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Economy
Investments focus as KSA gets Civil Transactions Law
The new law seeks to provide a robust legal framework governing all contracts and transactions, instilling confidence in business sector...
- The new law seeks to provide a robust legal framework governing all contracts and transactions, instilling confidence in business sector and fostering growth across industries
- To ensure fairness and transparency in business dealings, the Saudi law brings clarity and consistency to the legal landscape while increasing the ability to predict judgments
Business
UAE gold forecasted to grow by 3.6% annually through 2030
Dubai, UAE - The UAE's precious metals market, which includes gold, jewelry, gold bars, and silver, is expected to reach...
- The UAE leads the Middle East in gold consumption, with the country's jewelry sector playing a significant role in this achievement
- In 2022, consumers in the country purchased a combined 46.9 tonnes of gold, representing a 38 percent increase from the previous year
Economy
UAE consul general visits Albany to foster deeper economic, cultural ties
Albany, New York-- The UAE has reiterated its resolve to strengthen economic and cultural ties with New York and the...
- UAE's Consul General in New York Amna Binzaal Almheiri reiterated the country's resolve to enhancing ties with the US and New York in trade and culture
- In her discussions with trade and cultural bodies, focus was on the partnerships established between the two countries and ways to ramp up joint cooperation