Riyadh, Saudi Arabia - Saudi Arabia’s trade balance recorded a 30% monthly growth, achieving a surplus of SAR 20.769 billion...
Asian stocks were mostly higher on Tuesday after a tech rally on Wall Street, but their gains remained modest in...
Thanks to high oil prices, Saudi Arabia has recorded its first annual budget surplus in almost a decade, beating its...The kingdom's budget approved for 2023 foresees a surplus of 16 billion Saudi riyals ($4 billion) and GDP growth of 3.1 percent
This year's surplus is the first since the 2014 collapse of oil prices from more than $100 a barrel,
Abu Dhabi, UAE----UAE's non-oil foreign trade increased by 19 percent by the end of the third quarter, compared to the...The value of exports at the end of the third quarter amounted to AED275 billion, a growth of nine percent, and re-exports recorded a growth of 22 percent.
Minister of State for Foreign Trade Dr. Thani bin Ahmed Al Zeyoudi said country's policies, legislations and economic relations and agreements have "begun to bear fruit".
The financial sanction, amounting to AED1,925,000 ($524,166) followed the findings of an examination conducted by the CBUAE.The financial sanction, amounting to AED1,925,000 ($524,166) followed the findings of an examination conducted by the CBUAE
The CBUAE, through its supervisory and regulatory mandates, works to ensure that all exchange houses, their owners and staff abide by the UAE laws
Young women in the MENA region are more likely to be in the workforce, while the GCC countries have seen...Young women in the MENA region are more likely to be in the workforce, while the GCC countries have seen advances in labor force participation, says the latest PwC report
The TOP CEO Conference held in Dubai in May 2022 had suggested that women in the MENA region have made significant gains and have become a vital part of the region’s workforce
Mumbai, India—India's central bank on Wednesday raised its main interest rate for the fifth time this year, but by a smaller...Reserve Bank of India's move comes after US Federal Reserve chairman Jerome Powell signalled last week that officials would begin to take their foot off the pedal
The Indian central bank retained its inflation forecast of 6.7 percent for the fiscal year to March but trimmed its economic growth projection to 6.8 percent from 7.0 percent
Economists expect Germany and another major eurozone economy, Italy, to fall into recession. Britain's economy is already shrinking. Rating agency...IMF still expects the world economy to expand in 2023, with growth of 2.7 percent but the OECD is forecasting 2.2-percent growth
Natural and man-made catastrophes have caused $268 billion in economic losses so far in 2022, according to reinsurance giant Swiss Re
The report highlights rising debt-related risks for all developing economies - low as well as middle-income economies.The report highlights rising debt-related risks for all developing economies - low as well as middle-income economies
Rising interest rates and slowing global growth risk is tipping a large number of countries into debt crises
Cairo, Egypt—Egypt’s non-oil businesses have shown a contraction in November, resulting in output falling at the sharpest rate since the...Egypt’s Purchasing Managers’ Index fell from 47.7 in October to 45.4 in November — the second lowest since June 2020.
According to S&P Global, Egypt’s purchase price inflation hit a 52-month high, leading 42 percent of surveyed firms to report a rise in total input costs over the month
Delegates from across the world gathered for the December 7-19 meeting to try to hammer out a new deal for...Some countries want to set up a separate funding mechanism for biodiversity, which wealthy nations have largely resisted
NGOs say the lack of world leaders at COP15 risks dampening momentum at the talks and could scupper an ambitious settlement
The project is part of the state's economic vision and aims to accommodate the population increases in Amman and Zarqa.The project is part of the state's economic vision and aims to accommodate the population increases in Amman and Zarqa
The goverment hopes to start implementing the project in 2025, ending the first phase in 2033
