IMF, World Bank say Gaza and Red Sea attacks risk to world economy
World Bank President Ajay Banga said that "what's going on Gaza, but also the challenges of Ukraine... and the Red...
Economy
In Middle East, ‘manufacturing’ is a new buzzword
From Saudi Arabia to the UAE and Qatar to Kuwait, governments across the region compete to jumpstart industrial sector but...
Competitiveness: UAE tops leading economies including Canada, Norway
The UAE has outperformed various advanced economies such as Sweden, Norway and Canada when its comes to competitiveness and has...
How is technology changing the fortunes of Bahrain?
Small island nation Bahrain is spearheading its investment in the technology sector in a bid to position itself as a...
Algeria’s efforts to revitalize and boost mining sector
In its economic diversification strategy, the Algerian government gives the industrial sector a very high priority, particularly with regard to...
Could 2018 be the year of next financial crisis?
Plummeting GDPs, fluctuating oil prices, a drying up of liquidity, weaker market sentiments, frequent rising or falling prices due to...
Which city remains Middle East’s favorite for real estate investments
Middle East investors have always been interested in the real estate market of the British city of London but lately...
Why Lebanon is pinning hopes on 2018 to revive fortunes?
By Gareth Smyth When Lebanese Prime Minister Saad Hariri took to Saudi television in November to resign and accuse the...
Will 2018 see economic growth rebounding in Middle East?
Steadfast on the path of economic diversification and structural reforms, countries in the Middle East and North Africa (MENA) seem...
GCC banks up against fresh challenges
It was more about fiscal consolidation than being adventurous in 2017 for the banking sector in the Gulf Cooperation Council...
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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
IMF, World Bank say Gaza and Red Sea attacks risk to world economy
World Bank President Ajay Banga said that "what's going on Gaza, but also the challenges of Ukraine... and the Red...
Economy
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SRC, Alrajhi sign refinance deal
Business
Dubai leads global FDI in cultural, creative industries in 2022
Dubai, UAE - Dubai has achieved top global ranking in attracting Foreign Direct Investment (FDI) projects in the cultural and...
Economy
Saudi Arabia to provide visitors with instant e-visa to boost travel
Riyadh, Saudi Arabia-- In order to boost the travel and tourism industry in the kingdom, Saudi Arabia will offer instant...
Economy
Initiative by Digital Economy Chamber to help firms set up in Dubai
DUBAI, UAE - Dubai Chamber of Digital Economy, one of the three chambers operating under Dubai Chambers, has announced a...
Business
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Business
Sharjah’s Sabaa Sanabel wheat gets Made in the UAE mark
SHARJAH, UAE - Sabaa Sanabel wheat flour, made from the wheat produced here, has become the first national product to...
- Sabaa Sanabel wheat flour has met the highest quality and safety standards in force in the UAE, boosting its competitiveness in the market.
- Sabaa Sanabel has obtained five accredited certificates in quality and safety as it does not contain anything that changes its nutritional value.
Economy
Pakistan gets first Russian crude under discount deal: PM
Since Russia launched its invasion of Ukraine last year, economic sanctions have seen a significant cut in its oil and...
- Pakistani State Minister for Petroleum previously said shipments will be paid in currencies of "friendly countries", with Pakistan's US dollar reserves dangerously low
- Local media reported the cargo of 100,000 metric tons of oil left Russia a month ago and was split across two smaller ships in Oman before sailing to Karachi
Economy
UAE and Japan discuss boosting economic, trade and industrial ties
Tokyo, Japan-- The UAE and Japan are looking to bolster economic, trade, industrial and investment ties as part of a...
- The UAE Foreign Minister Sheikh Abdullah bin Zayed met with Japan's foreign and economy ministers to explore broadening of economic and strategic ties
- The discussion between the two sides also touched upon bilateral cooperation in energy and climate, and the UAE's preparations for COP28 in Dubai Expo City