Saudi Arabian GDP declines by 4.4 percent in Q3 2023
RIYADH, SAUDI ARABIA - Saudi Arabia’s real gross domestic product (GDP) fell by 4.4 percent year-on-year (YoY) in the third...Economy
People-positive approach needed in clean power transition: WEF paper
Dubai, UAE --Â Building massive infrastructure for clean power projects in pursuit of climate goals will need nearly $4.5 trillion in...Business Economy Energy Climate Change
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...
Air Cargo up 12% in April compared to pre-COVID levels
Middle Eastern carriers post a 15.3% rise in international cargo volumes in April 2021 versus April 2019 African airlines'...
Dubai FDI presents the Dubai advantage to investors across 6 countries
Dubai FDI sought investment from China, India, Australia, Spain, Italy and the US through webinars Investors invested to explore opportunities...
