Economy - TRENDS MENA

The Iraqi government, in collaboration with the Central Bank of Iraq, will provide support for local Iraqi banks through foreign...

World Bank data indicates only 40% of working-age women in the GCC are employed, even though they are increasingly better...
World Bank data indicates only 40% of working-age women in the GCC are employed, even though they are increasingly better educated
Young women face an “expectations vs. reality” gap between their ambitions and their experiences of employers
Sanctions imposed on Moscow over the invasion of Ukraine are rolling back more than a decade of economic progress and...
According to IIF report, Russian economy will contract by 15 percent in 2022 and another three percent in 2023
The damage will make it more costly for Russian president Vladimir Putin to continue the war
The European Central Bank is set to announce the end date to its bond-buying stimulus on Thursday, as concerns over...
Inflation in the eurozone rose to 8.1 percent in May, the highest level in the history of the currency club and well above the ECB's own two-percent target
The surge has largely been driven by the war in Ukraine, which has decisively pushed up the cost of energy, food and raw materials
The emirate is currently witnessing the launch of related commercial, industrial and residential projects in various cities.
The emirate is currently witnessing the launch of related commercial, industrial and residential projects in various cities
Al Shamsi also highlighted the importance of the acres real estate exhibition, which the Sharjah Real Estate Registration Department organises annually
The CBUAE projected the real GDP growth to reach 5.4 percent in 2022, after the growth jumped to 3.8 percent...
In its Annual Report for 2021, the CBUAE estimated the non-oil GDP growth to reach 3.9 percent in 2023.
The oil GDP growth will reach 5 percent in 2023, compared with earlier estimates of 3.4 percent.
The OECD warned Wednesday that the world economy will pay a "hefty price" for Russia's invasion of Ukraine as it...
The Paris-based organization, which represents 38 mostly developed countries, is the latest institution to predict lower GDP growth due to the conflict.
The OECD noted that commodity prices had risen, hitting real income and spending, "particularly for the most vulnerable households".
The Global Connectivity Report 2022 argues that while easy, affordable access to fast broadband is near-ubiquitous in most rich-world nations,...
The report advocates for putting 'universal and meaningful connectivity' at the center of global development.
The cost of broadband subscriptions and digital devices remains a major barrier to connectivity, the report says.
India's central bank on Wednesday hiked rates for a second time in as many months, as Asia's third-largest economy reels...
The Reserve Bank of India raises its key repo rate by 50 basis points to 4.90 percent
Consumer inflation has consistently overshot the central bank's two-to-six percent target range in the first four months of the year
In 2021, the UAE launched a strategic initiative to become carbon-neutral by 2050.
In 2021, the UAE launched a strategic initiative to become carbon-neutral by 2050
In 2018, the country put into action the National Water Security Strategy 2036
The World Bank on Tuesday approves an additional $1.5 billion in aid for Ukraine, bringing the total planned support package...
The new financing from World Bank to Ukraine will be used to pay wages for government and social workers
According to Zelensky, Ukraine's government needs a total of $7 billion aid in a month to continue to function